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Newell Brands Inc (NWL.N)

NWL.N on New York Stock Exchange

45.53USD
9 Dec 2016
Change (% chg)

$0.34 (+0.75%)
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Latest Key Developments (Source: Significant Developments)

Newell Brands sets quarterly cash dividend of $0.19per share
Thursday, 10 Nov 2016 08:00am EST 

Newell Brands Inc :Sets quarterly cash dividend of $0.19per share.  Full Article

Stanley Black & Decker-Newell deal does not preclude it from doing a deal in another part of biz portfolio - Conf call
Wednesday, 12 Oct 2016 12:02pm EDT 

Stanley Black & Decker Inc : Says the Newell tool biz deal does not preclude it from doing an acquisition in another part of its biz portfolio - Conf call Further company coverage: [SWK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Newell Brands to sell its tools business to Stanley Black & Decker for $1.95 bln
Wednesday, 12 Oct 2016 06:30am EDT 

Newell Brands Inc : Newell Brands announces agreement to sell tools brands to Stanley Black & Decker . Gross proceeds from divestiture are expected to be $1.95 billion . Newell Brands Inc - gross proceeds from divestiture are expected to be $1.95 billion . Newell Brands - proceeds to be primarily used to pay down debt in furtherance of goal of achieving leverage ratio of 3-3.5 times EBITDA by end of 2018 . Newell Brands Inc - if deal were to be completed on dec 31, 2016 , co would expect normalized EPS dilution of about $0.15 on an annualized basis . Newell Brands will retain its Dymo(reg) industrial labeling business within reported tools segment . Total 2015 net sales of remaining businesses held for sale is approximately $700 million .Newell Brands - sales processes are underway and company hopes to complete divestiture of remaining assets held for sale within first half of 2017.  Full Article

Newell Brands to reaffirm fiscal year 2016 outlook at Barclays Global Consumer Staples Conference
Tuesday, 6 Sep 2016 07:00am EDT 

Newell Brands Inc : Newell Brands to reaffirm fiscal year 2016 outlook at Barclays Global Consumer Staples Conference .Newell Brands expects to exit product lines with annual sales of $250 million to $300 million over next two to three years..  Full Article

Newell sets quarterly cash dividend of $0.19 per share
Thursday, 11 Aug 2016 08:00am EDT 

Newell Brands Inc :Sets quarterly cash dividend of $0.19 per share.  Full Article

Newell says won't drag corp duplication synergies on integration of Jarden beyond Q3
Friday, 29 Jul 2016 03:15pm EDT 

Newell Brands Inc : Regarding corporate duplication synergies on integration of Jarden-won't drag it over long period, won't find things hanging beyond Q3 . Will likely reinvest a significant part of profit in Yankee candle during holiday season if inline with guidance this year . Need to get Coleman business to be sustainable, have work to do on it . Regarding $250-$300 million product line exit - we will sell them if we find buyers and not necessarily exit them . We are looking for broadened distribution and footprint for Yankee candles in Europe . Very unlikely to change guidance for first 18 months after integration . We don't expect Jostens to be much more than a 1 to 2 percent growth business Further company coverage: [NWL.N] (Bangalore Newsroom : +1 646 223 8780).  Full Article

Newell Brands says won't drag Jarden integration beyond Q3- Conf Call
Friday, 29 Jul 2016 07:30am EDT 

Newell Brands Inc : Says will likely reinvest a significant part of profit in Yankee Candle during holiday season if inline with guidance this year in a conference call . Says need to get Coleman business to be sustainable, have work to do on it in a conference call . regarding $250-$300 million product line exit plan, we will sell them if we find buyers and not necessarily exit them . Says we don't expect Jostens to be much more than a 1 to 2 percent growth business in a conference call . Says regarding integration of Jarden Corp, won't drag it over a long period, won't find things hanging beyond Q3 . Says we are looking for broadened distribution and footprint for Yankee candles in Europe in a conference call . Says very unlikely to change guidance for first 18 months after integration in a conference call Further company coverage: [NWL.N] ((Bengaluru Newsroom: +1 646 223 8780;)).  Full Article

Newell Brands Q2 reported shr $0.30
Friday, 29 Jul 2016 06:30am EDT 

Newell Brands Inc : Reiterated guidance for 2016 of 3 to 4 percent core sales growth and normalized earnings per share $2.75 to $2.90 . Q2 earnings per share view $0.72, revenue view $3.76 billion -- Thomson Reuters I/B/E/S . Confident in plans to deliver savings associated with project renewal, $500 million cost synergies over next 4 years related to Jarden deal . Q2 reported earnings per share $0.30; Q2 normalized earnings per share $0.78; Q2 net sales $3.86 billion versus. $1.56 billion last year . Expects to exit product lines with annual sales of $250 million to $300 million over next two to three years .Fy2016 earnings per share view $2.85, revenue view $13.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Newell Brands to reaffirm fiscal year 2016 outlook
Wednesday, 15 Jun 2016 08:00am EDT 

Newell Brands Inc : Fy2016 earnings per share view $2.84, revenue view $13.55 billion -- Thomson Reuters I/B/E/S .Newell Brands to reaffirm fiscal year 2016 outlook at Deutsche Bank global consumer conference.  Full Article

Newell Brands' Jarden Group president Burke sells 34,882 shares of co's common stock
Monday, 23 May 2016 12:39pm EDT 

Newell Brands Inc :Newell Brands Inc's Jarden Group president William Burke reports sale of 34,882 shares of co's common stock on May 23 at average price of $47.02 each - sec fililng.  Full Article

BRIEF-Newell Brands says reaffirms 2016 and 2017 outlook

* FY2016 earnings per share view $2.88, revenue view $13.43 billion -- Thomson Reuters I/B/E/S