Edition:
United States

Newell Brands Inc (NWL.N)

NWL.N on New York Stock Exchange

41.48USD
1:15pm EDT
Change (% chg)

$0.00 (+0.00%)
Prev Close
$41.48
Open
$41.48
Day's High
$41.66
Day's Low
$41.25
Volume
498,880
Avg. Vol
936,929
52-wk High
$55.07
52-wk Low
$41.25

Latest Key Developments (Source: Significant Developments)

Newell Brands announces agreement to sell fire starter and fire log business
Monday, 10 Apr 2017 08:30am EDT 

Newell Brands Inc - : Newell Brands announces definitive agreement to sell fire starter and fire log business . Terms were not disclosed . Will retain diamond branded plastic cutlery products . Agreement to sell fire starter and fire log business to Royal Oak Enterprises LLC .Martin E. Franklin and Ian G. H. Ashken, members of Newell Brands' board of directors, are affiliates of Royal Oak.  Full Article

Newell Brands files for potential mixed shelf size not disclosed
Friday, 31 Mar 2017 05:27pm EDT 

Newell Brands Inc :Files for potential mixed shelf; size not disclosed - sec filing.  Full Article

Newell Brands to reaffirm 2017 outlook at CAGNY conference
Friday, 24 Feb 2017 06:30am EST 

Newell Brands Inc : Newell Brands to reaffirm 2017 outlook at CAGNY conference .FY 2017 earnings per share view $3.05, revenue view $14.66 billion -- Thomson Reuters I/B/E/S.  Full Article

Newell Brands to sell Rubbermaid Consumer Storage Totes business
Friday, 13 Jan 2017 08:30am EST 

Newell Brands Inc : Newell Brands announces continued progress simplifying and strengthening portfolio . Reaches agreement to sell Rubbermaid Consumer Storage Totes business . Holds Pine Mountain and part of Diamond brands for sale . To sell Rubbermaid Consumer Storage Totes business to United Solutions; financial terms were not disclosed and are not material . Also selling its Pine Mountain fire starters, fire logs, fire safety business, and diamond matches, fire starters, lighters, laundry business .Diamond and Pine Mountain businesses collectively represent approximately $87 million in annual sales.  Full Article

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

BRIEF-Newell Brands to acquire Chesapeake Bay Candle

* Newell Brands Inc - ‍acquisition will be reported as part of Newell Brands' live segment​