17.87 0.00 (0.00%)
After hours: 4:39PM EDT
|Bid||17.86 x 3100|
|Ask||17.87 x 900|
|Day's Range||17.70 - 18.40|
|52 Week Range||13.04 - 24.57|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||0.92 (4.97%)|
|1y Target Est||18.35|
Newell (NWL) progresses well with its Transformation Plan, which is likely to boost its operational performance and enhance shareholder value.
With the market’s sudden lurch toward value stocks, some big names with lots of short interest could see a nice bump. We survey the field.
In what appeared to be a bizarre attempt to justify a days-old tweet, President Donald Trump on Wednesday publicly displayed a doctored, nearly week-old image of Hurricane Dorian’s projected path, in an apparent effort to save face by claiming he was right when he wrongly said Alabama was at risk.
J2 Acquisition Ltd on Tuesday said that it spent $2.9 billion to buy APi Group, the parent of 40 life safety, energy, specialty construction and infrastructure companies. This is the first takeover for the blank-check acquisition vehicle created by Martin Franklin, who co-founded a number of conglomerates including household goods company Jarden. J2 said it plans to change its name to APi Group Corporation and list its stock on the New York Stock Exchange.
For the first time in over a week, the market moved the same direction two days in a row. The S&P 500 made a 1.27% gain on Thursday, though that still leaves it below the key 50-day moving average line. The volume behind the advance wasn't exactly thrilling either.Source: Shutterstock Computer company Dell Technologies (NYSE:DELL) took the lead, gaining more than 3% during the regular-hours session in front of earnings, and then jumping more than 9% in after-hours action after reporting an earnings beat after the closing bell rang.Holding the market back more than any other name was Fastly (NYSE:FSLY). Although it rallied more than 2% after the closing bell rang, that move didn't even come close to offsetting the stock's 12.5% setback during the normal session … a move mostly prompted by profit-taking after an incredible runup since mid-August.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy for September As for names worth a look as trading prospects headed into the long weekend though, take a look at the stock charts of Mylan (NASDAQ:MYL), Home Depot (NYSE:HD) and Newell (NASDAQ:NWL). Here's what's most noteworthy, and how that may point to what lies ahead. Newell (NWL)Newell shares have been fighting a losing battle since the middle of 2017. And, technically speaking, it's still within the confines of a well-established downtrend.On the other hand, thanks to a slow turnaround effort that started to take shape just a few weeks ago, NWL stock is close to snapping its way out of the slump. Just know that Newell has been in this condition before, only to be up-ended before it took off. But, this time it is shaping up a little bit differently. * Click to EnlargeThe upper edge of the bearish trend is the convergence of the white 200-day moving average line, and the dashed blue line that connects all the key highs going back to the beginning of last year. * Underscoring the budding bullish effort thus far is the fact that the Chaikin line is now back above zero, suggesting there's a healthy amount of volume behind the current advance. * If the prospective breakout ends up taking shape, the most plausible upside target is the 38.2% Fibonacci retracement level of $28.85. A move to that mark still wouldn't be in a straight line though. Home Depot (HD)The past couple of weeks have been good ones for Home Depot, and things were particularly hot yesterday. Thursday's 2% pop carried shares above a near-term ceiling, to bring the two-week advance to 13%. The move, however, also stopped right at another, more established technical ceiling.That momentum is compelling to be sure, particularly given how it first took shape. But, the odds of there being any more upside left to dish out are pretty slim, given everything else evident on the chart. * 7 Mega-Cap Tech Stocks on a Rebound Now * Click to EnlargeThe rally appears to have been capped at the resistance level that aligns Thursday's high with the peaks made in September and January of last year. It's the upper of the two blue lines that frame the rising trading range marked on the weekly chart. * HD stock has also now punched through the upper boundary of a shorter-term trading range, marked by red dashed lines on both stock charts. This hints at a breakout, but the sheer scope of the advance thus far is unusually big. * Underscoring the above-average odds of a pullback from here is the fact that the weekly chart's RSI indicator is very near its overbought level. Mylan (MYL)Finally, Mylan has been routed since the beginning of 2018. In fact, it looked downright unsalvageable in May thanks to a hard-hitting selloff.In some ways though, that drubbing may have ultimately been the best thing for it. Although Mylan shares have yet to work their way back into a bullish mode -- and are still far from it -- the recent action suggests May's meltdown may have served as a capitulation. Better still, the proverbial lines in the sand are pretty clear. * Click to EnlargeThe pinnacle line in the sand is the falling resistance line that connects all the peaks going back to January of 2018, marked in red on the weekly chart. It's currently at $27, and falling fast. * Also note the gray 100-day moving average line is soon going to be tested as a technical ceiling. It has been a problem several times in the recent past, albeit not exactly. * It's small, but MYL stock has made a string of higher lows since May's low, plotted with a yellow line. It's the longest string of higher lows seen in well over year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 3 Big Stock Charts for Friday: Mylan, Newell and Home Depot appeared first on InvestorPlace.
Newell Brands today announced that Christopher Peterson, Interim Chief Executive Officer and Chief Financial Officer will present at the Barclays Global Consumer Staples Conference.
Newell Brands Inc. (NWL) (the “Company” or “Newell Brands”) announced today the pricing terms of its previously announced tender offer to purchase for cash up to $356,746,000 aggregate principal amount (the “Maximum Waterfall Tender Amount”) of the Company’s outstanding 3.850% Notes due 2023 (the “2023 Notes”), 4.000% Notes due 2022 and 4.200% Notes due 2026 (collectively, the “Waterfall Notes”), subject to the Acceptance Priority Levels as defined below (such offer, the “Waterfall Offer”). The Company also announced the principal amount of each series of Waterfall Notes that it expects to accept for purchase pursuant to the Waterfall Offer.
Newell Brands Inc. (NWL) (the “Company” or “Newell Brands”) announced today the early results of its previously announced tender offer to purchase for cash up to $356,746,000 aggregate principal amount (the “Maximum Waterfall Tender Amount”) of the Company’s outstanding 3.850% Notes due 2023, 4.000% Notes due 2022 and 4.200% Notes due 2026 (collectively, the “Waterfall Notes”), subject to the Acceptance Priority Levels as defined below (such offer, the “Waterfall Offer”). The Waterfall Offer is being made upon and is subject to the terms and conditions set forth in the Offer to Purchase, dated August 12, 2019 (the “Offer to Purchase”).
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Newell...
Soft consumer beauty unit and supply chain hurdles are threats to Coty's (COTY) performance in Q4. However, savings efforts are likely to offer some respite.
Newell Brands Inc. announced today the final results of its previously announced tender offer to purchase for cash any and all of the Company’s outstanding 3.900% Notes due 2025 and 4.000% Notes due 2024 .
Newell Brands Inc. (NWL) (the “Company” or “Newell Brands”) announced today that its previously announced tender offer to purchase for cash (the “Any and All Offer”) any and all of the Company’s outstanding 3.900% Notes due 2025 (the “2025 Notes”) and 4.000% Notes due 2024 (the “2024 Notes” and, together with the 2025 Notes, the “Any and All Notes”) expired at 5:00 p.m., New York City time, on August 16, 2019 (the “Any and All Expiration Date”). According to information provided by Global Bondholder Services Corporation, the information agent and tender agent for the Any and All Offer, $43,894,000 aggregate principal amount of 2025 Notes and $299,292,000 aggregate principal amount of 2024 Notes were validly tendered and not properly withdrawn at or prior to the Any and All Expiration Date.
Newell Brands Inc. announced today the pricing terms of its previously announced tender offer to purchase for cash any and all of the Company’s outstanding 3.900% Notes due 2025 and 4.000% Notes due 2024 .
Newell (NWL) has a dismal sales trend due to lower core sales and adverse impacts of foreign currency. Nonetheless, its Transformation Plan is a growth catalyst.
“We are excited be coming back to Atlanta as a company,” Newell's Chris Peterson said. “We think it’s going to be great for the company, great for the employees and great for the Atlanta community.”
Newell Brands Inc. announced today that it has commenced debt tender offers to purchase for cash any and all of the Company’s outstanding securities listed in Table I below , and up to the Maximum Waterfall Tender Amount in aggregate principal amount of the Company’s outstanding securities listed in Table II below , subject to the Acceptance Priority Levels as defined below .
Newell Brands Inc. announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable September 13, 2019 to common stockholders of record at the close of business on August 30, 2019.