15.87 0.00 (0.00%)
After hours: 7:29PM EDT
|Bid||15.75 x 21500|
|Ask||15.90 x 800|
|Day's Range||15.80 - 16.12|
|52 Week Range||15.12 - 28.38|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2019 - May 6, 2019|
|Forward Dividend & Yield||0.92 (5.91%)|
|1y Target Est||19.00|
Newell Brands (NWL) closed the most recent trading day at $15.87, moving -0.69% from the previous trading session.
In April last year, Starboard Value’s Jeff Smith discussed in a CNBC interview his opinions on the changes that Newell Brands (NASDAQ:NWL) was going through during April 2018, and emphasized the potential of Starboard Value’s investment in the company. Newell Brands was undergoing a sales drop of 55% in 2017, and the plan was to reorganize […]
Newell Brands Inc said on Monday it would sell its Processing Solutions business to private equity firm One Rock Capital Partners LLC for about $500 million, as part of the company's $10 billion divestiture plan aimed at streamlining operations and cutting costs. The latest divestiture announcement comes days after the company said its chief Executive Officer Michael Polk would retire at the end of second quarter, following a year of disappointing sales. Newell Brands, owner of popular brands such as Elmer's glue, Crock Pot cooker and Yankee candles, has been divesting its non-core businesses after more than doubling in size following its 2016 acquisition of Jarden Corp.
Newell Brands Inc. said Monday it expects $500 million in proceeds from a deal to sell its process solutions business to private equity firm One Rock Capital LLC. Shares of the consumer products company, which brands include Sharpie, Elmer's, Graco and Rubbermaid, rose 1.2% in premarket trade. The process solutions business makes custom-designed plastic, nylons, monofilaent and zinc products for industrial and consumer uses. The business had net sales of $640 million in 2018, or about 7.4% of Newell's total sales of $8.63 billion. It has plunged 27.3% over the past three months through Friday, while the S&P 500 has gained 10.9%.
Newell Brands today announced that it has signed a definitive agreement to sell its Process Solutions Business to One Rock Capital Partners, LLC, a private equity firm focused on control-stake equity investments in middle-market companies in North America.
The chief executive of Newell Brands Inc. is leaving the consumer-products conglomerate, which has struggled with weak sales and missed targets since a merger put Sharpie pens, Mr. Coffee machines and Yankee Candle under the same roof. Michael Polk, who came under attack last year by activist investors, will leave at the end of June, the company said late Thursday. Newell said it hired search firm Heidrick & Struggles to aid in finding a replacement.
Newell Brands (NWL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A positive tone infused the markets early Friday in part on optimism about China as investors eyed the latest trade news and also viewed more economic stimulus from the Beijing government. Oracle beat Wall Street’s estimates on both top- and bottom-lines, but shares fell.
Rubbermaid parent Newell Brands Inc (NASDAQ: NWL ) said Thursday its CEO Michael Polk will retire from the company. What Happened Polk will retire from the company at the end of the second quarter, a job ...
rose 2.27% to $15.80 in premarket trading Friday on news that Michael Polk will retire as CEO of the household goods maker at the end of the second quarter. Polk has been CEO since 2011 and a member of the board since 2009. Newell, owner of brands like Rubbermaid, Sharpie, Calphalon and Graco baby products, has been struggling.
Newell Brands Inc said Chief Executive Officer Michael Polk would retire at the end of the second quarter, ending a tenure during which the U.S. household goods maker was the target of activist investors and launched a turnaround to slim down its brand portfolio. Polk, 57, who has been at the helm of the company since 2011, engineered Newell's $15 billion acquisition of Coleman products maker Jarden Corp in 2016, adding about 120 brands and more than doubling the company's size.
Newell Brands Inc. Chief Executive Michael Polk will retire from the company at the end of the second quarter, the company announced Thursday afternoon. Newell said it has retained executive search firm Heidrick & Struggles to help in finding the next CEO. "I am proud of the progress we have made since 2011 transforming the portfolio and building a set of competitively advantaged capabilities in innovation, design and eCommerce," Polk said in a statement. The Rubbermaid parent company has struggled for the type of growth it expected after the $15 billion acquisition of Jarden three years ago, and has recently been selling off businesses while attracting attention from activist investors like Carl Icahn and Starboard Value LP. The stock is down 45.7% in the past 12 months, as the S&P 500 index has gained 2.2%. Shares gained about 1.2% in after-hours trading following the announcement Thursday afternoon.
Newell Brands Inc. (NWL) today announced that Michael Polk, the company’s President and Chief Executive Officer since 2011 and a member of the Newell Brands Board of Directors since 2009, will retire from the company at the end of the second quarter. The Board has commenced a search process to identify the Company’s next CEO, and has retained Heidrick & Struggles, a leading global executive search firm, to assist in a thorough search process. “On behalf of the Board, I want to thank Mike for his leadership and contributions to Newell Brands,” said Patrick Campbell, non-executive independent Chairman of the Board.
Newell's (NWL) dismal sales surprise trend can be attributed to lower core sales and adverse foreign currency. Nevertheless, its Transformation Plan appear encouraging.
New Collection Elegantly Designed to Stop Spills CHICAGO , March 13, 2019 /PRNewswire/ -- Contigo®, a leading innovator of water bottles, travel mugs and kids bottles, expanded its stainless steel thermal ...
Newell Brands Inc NASDAQ/NGS:NWLView full report here! Summary * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderately high for NWL with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold NWL had net inflows of $2.54 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
For the millions of New York state residents that rely on battery-operated smoke alarms for their home safety, the hassle of replacing batteries is now a thing of the past. As of April 1, 2019, Assembly Bill 3057 (Chapter No. 583) requires that all battery-operated smoke alarms sold within the state must include a sealed, non-replaceable battery that's meant to last for the entire 10-year lifespan of the alarm. This requirement applies to any battery-operated device that detects smoke, including combination alarms that detect both smoke and carbon monoxide (CO), according to the New York State Department of Codes.
The "Halftime Report" traders answer viewer questions on Newell Brands, FedEx, small caps and the energy sector.