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PHILADELPHIA, Feb. 14 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ Cork & Seal Company, Inc. (NYSE: CCK) announced today its results for the fourth quarter and year ended December 31, 2001. The Company reported a net loss of $7.74 per diluted share for the year ended December 31, 2001, including charges for an increase in the valuation allowance for net U.S. deferred tax assets...

Company Sells Interests in Central, East & South Africa and Closes Four U.S. and Three European Plants PHILADELPHIA, Feb. 8 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ Cork & Seal Company, Inc. (NYSE: CCK) today announced a series of actions consistent with the Company's strategy of streamlining operations to improve efficiencies and financial performance. Divestiture of African Interests The Company has reached an agreement...

PHILADELPHIA, Jan. 30 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ Cork & Seal Company, Inc. (NYSE: CCK) announced that it has secured an agreement from its lenders to extend $225 million of its $400 million term loan, originally due February 4, 2002 to August 4, 2002. Alan W. Rutherford, Vice Chairman and Chief Financial Officer commented, "The Company is expecting improving fundamentals in the...

PHILADELPHIA, Jan. 23 /PRNewswire-FirstCall/ -- ºÚÁÏÊÓƵ Cork & Seal Company, Inc. (NYSE: CCK) today announced that Raymond L. McGowan, Jr. has been named Vice President and Assistant to the President of the U.S. Food Can Division. He reports to Clinton J. Waring, President, Food Can Division. Mr. McGowan's responsibilities in his new position include Sales, Marketing, Quality and Production Planning...