|Bid||0.00 x 27000|
|Ask||26.55 x 1000|
|Day's range||25.82 - 26.42|
|52-week range||22.60 - 54.19|
|PE ratio (TTM)||5.91|
|Earnings date||2 Aug 2018 - 6 Aug 2018|
|Forward dividend & yield||0.92 (3.53%)|
|1y target est||30.69|
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Newell Brands Inc. (“Newell Brands” or “the Company”) (NYSE: NWL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between February 6, 2017 and January 24, 2018, inclusive (the “Class Period”), are encouraged to contact the firm before August 20, 2018.
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Newell Brands Inc. (NWL) between February 6, 2017 and January 24, 2018, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Newell Brands investors under the federal securities laws. To join the Newell Brands class action, go to http://www.rosenlegal.com/cases-1365.html or call Phillip Kim, Esq.
Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) (http://www.rgrdlaw.com/cases/newell/) today announced that a class action has been commenced by an institutional investor on behalf of purchasers of Newell Brands Inc. (“Newell”) (NWL) common stock during the period between February 6, 2017 and January 24, 2018, inclusive (the “Class Period”). This action was filed in the District of New Jersey and is captioned Bucks County Employees Retirement Fund v. Newell Brands Inc., et al., No. 18-cv-10878. If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today.
Newell Brands Inc.'s stock jumped 2.9% in premarket trade Monday, after the consumer goods company said it boosted its stock buyback program by $2.5 billion. Based on Friday's stock closing price of $24.68, the new $3.6 billion program could allow the repurchase of about 145.9 million shares, which would be about 30% of the shares outstanding.
Newell Brands Inc. (NWL) announced today that its Board of Directors has approved an expansion to the company's stock repurchase authorization. Under the expansion, the company is authorized to expend $2.5 billion for repurchase of its outstanding shares through December 31, 2019. This authorization is incremental to the approximately $1.1 billion remaining under its previously announced authorization, which has been amended by the Board, so it now also expires on December 31, 2019.
The company is reeling from a period of poor execution after a merger with Jarden Holdings that doubled their portfolio of brands in April 2016. The company was also suffering from a dysfunctional board post-merger, which precluded the officers from efficiently managing the transition. Over the past several months, half of the board abruptly resigned, activist funds have swooped in, and the CFO will be departing this year.
Newell Brands (NWL) agrees to sell Rawlings for $340 million, after tax. This is in sync with the company's Accelerated Transformation Plan.
Rawlings, a more than century-old company that produces the official ball and helmet of Major League Baseball, will be changing hands in a $395 million deal that adds the professional league as a key investor. Inc. is selling the St. Louis sporting-goods maker to Seidler Equity Partners, a California-based private investment firm, and the MLB. “This is a really powerhouse combination,” said Mike Thompson, executive vice president of marketing for Rawlings, which also owns the Miken and Worth brands.
** Rupert Murdoch faces a 22 billion pound ($29.3 billion) fight with U.S. cable company Comcast for European pay-TV company Sky after Britain cleared his bid providing he sells off its TV news business. ** BNP Paribas, France's biggest bank, has its eye on bolt-on acquisitions in Germany, the head of the group's German business Lutz Diederichs said. ** Chinese conglomerate HNA Group said it had agreed to sell a stake of 26.5 percent in Spain's NH Hotels to Thai Minor International.
The 131-year-old Rawlings Sporting Goods Co. is being sold to a private equity fund for about $395 million. The iconic sports gear maker, which has outfitted children and pros alike, from Roberto Clemente and Mickey Mantle, to Bryce Harper, Kris Bryant and Giancarlo Stanton, is being acquired by a fund managed by Seidler Equity Partners. Major League Baseball, which relies on Rawlings for its official game ball, is a co-investor.
Newell Brands Inc. (NWL) announced today that it has signed a definitive agreement to sell Rawlings Sporting Goods Company, Inc. (“Rawlings”), a leading manufacturer and marketer of sporting goods, to a fund managed by Seidler Equity Partners (“SEP”), a private investment firm based in Marina del Rey, California. Major League Baseball (“MLB”) will co-invest with SEP. Rawlings, founded in 1887 and based in St. Louis, MO, comprises the Rawlings, Miken and Worth brands.
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Newell Brands (NWL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Newell Brands Inc (NYSE:NWL) delivered an ROE of 15.27% over the past 12 months, which is an impressive feat relative to its industry average of 12.81% during the same period.Read More...
, is retiring at the end of the year, the latest executive exit for the troubled consumer-goods conglomerate in recent months. Newell—the umbrella firm for an array of consumer brands such as Yankee Candle and Sharpie—said Friday it will start looking for someone to serve as CFO and will consider both internal and external candidates. , its executive vice president and chief development officer, will leave the his post June 30.
Newell Brands Inc. said Friday that Chief Financial Officer Ralph Nicoletti will retire at the end of the year. The stock edged up 0.9% in premarket trade. Nicoletti joined the branded consumer goods company ...
Newell Brands Inc. announced today that Executive Vice President and Chief Financial Officer Ralph Nicoletti will retire at the close of 2018.
Have you been keeping an eye on Newell Brands Inc’s (NYSE:NWL) upcoming dividend of $0.23 per share payable on the 15 June 2018? Then you only have 3 days leftRead More...
Newell Brands Inc. announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable June 15, 2018 to common stockholders of record at the close of business on May 31, 2018.
Newell Brands Inc. boss Michael Polk wants to make one thing clear: He is not a CEO who gets chauffeured. Before launching into a point-by-point rebuttal of criticisms levied by activist investors against the maker of Sharpie markers and Elmer’s glue, Mr. Polk hit back against their assertion that Newell executives waste money by using hired drivers. Mr. Polk went on to note that after leaving his New Jersey home he stops by his local Starbucks, and, by 6:20 a.m., is stuck in Lincoln Tunnel traffic en route to Newell headquarters in Hoboken, N.J.
Newell (NWL) releases mixed first-quarter 2018 results and reiterates its full-year view. Also, it revises its Transformation Plan and inks a pact to sell The Waddington Group.
The sale of Waddington, which makes disposable cutlery and drinkware, is the first major divestiture after activist investors Starboard Value LP and Carl Icahn placed their nominees on the company's board last month. Newell's shares were up 6 percent at $28.29 in early trading. As part of its agreement with Icahn, Newell said in March its divestitures would bring in about $10 billion, ratcheting it up from its previous estimate of $6 billion.