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Newell Brands Inc (NWL.N)

NWL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Newell says won't drag corp duplication synergies on integration of Jarden beyond Q3
3:15pm 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
7:30am 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
6:30am 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

Newell Brands CFO Nicoletti's base salary $875,000/year - SEC filing
Friday, 13 May 2016 01:01pm EDT 

Newell Brands Inc :Chief Financial Officer Nicoletti will receive a base salary of $875,000 per year - SEC filing.  Full Article

Newell Brands says appoints Ralph Nicoletti as CFO
Friday, 13 May 2016 08:00am EDT 

Newell Brands Inc - : Newell Brands Inc says with appointment of Nicoletti, current CFO, John Stipancich will leave company to pursue other interests .Newell brands appoints Ralph Nicoletti chief financial officer.  Full Article

Newell Brands Inc gives FY 2016 guidance
Friday, 29 Apr 2016 06:30am EDT 

Newell Brands Inc:guidance for Fy 2016 is 3 to 4 percent core sales growth and normalized EPS of $2.75 to $2.90.  Full Article

Newell Rubbermaid Inc prices $8.0 billion notes offering
Friday, 18 Mar 2016 05:29pm EDT 

Newell Rubbermaid Inc:Priced a registered underwritten public offering of $8.0 billion of notes, consisting of $1.0 billion of notes due 2019, $1.0 billion of notes due 2021, $1.75 billion of notes due 2023, $2.0 billion of notes due 2026, $500.0 million of notes due 2036 and $1.75 billion of notes due 2046.Offering is expected to close on March 30.Plans to use the net proceeds of the offering, together with other sources of funds including its new term loan facility to finance the cash consideration portion of the merger consideration for its pending acquisition of Jarden Corp.  Full Article

Newell Rubbermaid Inc sets quarterly cash dividend
Friday, 12 Feb 2016 08:00am EST 

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

BRIEF-Newell says won't drag corp duplication synergies on integration of Jarden beyond Q3

* Regarding corporate duplication synergies on integration of Jarden-won't drag it over long period, won't find things hanging beyond Q3