Owens-Illinois (OI)
February 1, 2001
photo-10Owens Illinois' stock price jumped nearly 100 percent in the month beginning early December, but leveled out at about $7 a share following news that financial ratings service Fitch was downgrading the company's convertible preferred stock. Fitch's Rating Outlook for Owens-Illinois remains negative, however, because of a 'lack of visible improvement regarding asbestos claim trends.'
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