Previous Close | 26.4400 |
Open | 26.6600 |
Bid | 26.3600 x 1600 |
Ask | 26.3700 x 700 |
Day's Range | 26.1100 - 26.9200 |
52 Week Range | 23.8500 - 55.0800 |
Volume | 2,886,493 |
Avg. Volume | 10,878,272 |
Market Cap | 12.809B |
Beta | 0.62 |
PE Ratio (TTM) | 4.68 |
EPS (TTM) | 5.6300 |
Earnings Date | May 7, 2018 - May 11, 2018 |
Forward Dividend & Yield | 0.92 (3.50%) |
Ex-Dividend Date | 2018-02-27 |
1y Target Est | 29.86 |
Icahn, via Icahn Enterprises LP (Nasdaq: IEP), owns a leading equity position in the Hoboken, New Jersey-based company.
Icahn, who has amassed a nearly 7 percent stake in the Sharpie maker, said on Monday he agreed to give up two of the four seats he secured last month to pave the way for the addition of two new independent directors, Gerardo Lopez and Robert Steele, to Newell's board. In a combined statement, Newell and Icahn said they also planned to nominate Bridget Ryan Berman, a Starboard nominee, for election to the board at the company's 2018 annual meeting.
Newell Brands and Carl Icahn have struck a deal with a second activist investor, heading off a potentially damaging proxy fight as the maker of Elmer’s Glue, Sharpie markers and Mr. Coffee machines works ...
Newell Brands is avoiding a prolonged proxy battle by agreeing with activist investor Starboard Value on two new independent directors. The Sharpie maker's agreement with Starboard comes with an assist from another activist investor, billionaire Carl Icahn, who will give up two of his four seats on the board. The new independent directors named Monday are Gerardo Lopez and Robert Steele.
on Monday, April 23, reached its second agreement in recent months with an activist investor, this time agreeing to appoint two Starboard Value nominees to its board to end a proxy fight with plans to add an additional director mutually agreed upon between Starboard and rival activist Carl Icahn. Starboard's representatives are Gerardo Lopez, former CEO of Extended Stay America Inc. and Robert Steele, a 35-year veteran of Procter & Gamble Co. and a director at several other firms. Bridget Berman, proposed by Starboard and agreed to by Icahn, will be the third new director, while Icahn ally Andrew Langham is stepping down from the board and Icahn ally David Atchison will not stand for election.
Shares of Newell Brands Inc. rallied 3.3% in premarket trade Monday, after the consumer products company said it agreed to appoint two directors nominated by activist investor Starboard Value LP, to end ...
Newell Brands (NWL) (the “Company” or “Newell Brands”) announced that it has entered into an agreement with Starboard Value LP (“Starboard”) to end its current proxy contest. As part of the agreement, the Board of Directors has appointed two new independent directors, Gerardo I. Lopez and Robert A. Steele, effective immediately. Additionally, the company intends to nominate Bridget Ryan Berman from Starboard’s slate, who has been mutually-agreed upon by Starboard and Carl C. Icahn, Chairman of Icahn Enterprises LP (“IEP”), for election to the Board of Directors at the company’s 2018 Annual Meeting of Shareholders.
A fight over the board of Newell Brands between billionaire investor Carl Icahn and activist fund Starboard Value drew to a close on Monday, after the two agreed to a deal that would put three new independent ...
MINNEAPOLIS, April 20, 2018-- Jostens, the nation’ s leading provider of custom, hand-crafted fine jewelry for college and professional sports teams, has once again partnered with North Dakota State University ...
MINNEAPOLIS, April 20, 2018-- Jostens, the leading provider of publications, jewelry and graduation products serving the K-12 and college market, has announced a new initiative featuring environmentally-friendly ...
I am going to run you through how I calculated the intrinsic value of Newell Brands Inc (NYSE:NWL) using the discounted cash flow (DCF) method. Anyone interested in learning aRead More...
For years, the two investors jousted over the fate of nutrition company, Herbalife Ltd.
Bill Ackman said Sharpie pen maker Newell Brands made a kind of "deal with the devil" in appointing Carl Icahn's board picks.
Bullish divergence and more aggressive buying are upbeat signs.
The plan for a variety of asset sales comes as Starboard Value's Jeff Smith is seeking to install four dissident director candidates, some of whom, if elected, would replace directors installed in a recent ...
Starboard Value CEO Jeffrey Smith is optimistic about his firm's investment in Newell Brands.
Shares of Newell Brands Inc. ran up 2.9% in premarket trade Tuesday, after Wells Fargo turned bullish on the consumer products company for the first time in a year, which said the current valuation is ...
Get Outdoors, which is now available for iPhone and Android users. The Coleman - Get Outdoors app is free and makes planning a trip and going camping easier, by aggregating everything you need into one place. The Coleman – Get Outdoors app encourages exploration by allowing users to identify new camping destinations, and a partnership with Recreation.gov delivers users access to more than 25,000 campgrounds and parks directly from the app.
Not every battle is worth fighting, says Jim Cramer. That's especially true if you own shares of Newell Brands.
Jim Cramer spots a weekly market trend that may be here to stay.
Apr.18 -- Bloomberg’s Ed Hammond discusses criticisms by Bill Ackman towards Newell's dealing with Carl Icahn. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
CNBC's David Faber sits down with Jeff Smith, Starboard founder, CEO and CIO, to discuss the latest changes at Newell Brands, the board battle and why he is optimistic about the company's future.
Jim Cramer says investors shouldn't own the stock of Newell Brands as the company falls under increasing pressure from activist investors.
Jim Cramer spots a weekly market trend that may be here to stay.
Jim Cramer says investors shouldn't own the stock of Newell Brands as the company falls under increasing pressure from activist investors.