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Stock Market & Financial Investment News

News Breaks
July 30, 2014
07:07 EDTENREnergizer reports Q3 adjusted EPS $1.46, consensus $1.55
Reports Q3 revenue $1.13B, consensus $1.12B. The company said, "A&P spending increased significantly in the third quarter, our Personal Care Division achieved top-line growth and this is the last full quarter of cycling through the impact of the distribution losses that the Household Products Division experienced at the end of the last year's third fiscal quarter. In addition, we continue to make excellent progress with our Restructuring Project and Working Capital Initiative. We believe these results will help us achieve a strong finish to the fiscal year and position both businesses for future success as we work towards separating the businesses in 2015."
News For ENR From The Last 14 Days
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May 22, 2015
08:03 EDTENREnergizer adopts limited duration shareholder rights plan
Energizer announced that its board has adopted a limited duration shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of Energizer's common stock. The limited duration rights plan will expire on December 31, 2015, approximately six months after the expected completion of the separation of Energizer's Personal Care and Household Products businesses. The rights plan is effective immediately for Energizer and will remain in effect until expiration on December 31, 2015 for the Personal Care business following the separation, which is expected to be finalized by July 1, 2015. The plan is designed to assist the Board in the period leading up to and immediately following the separation by protecting against creeping accumulations or other share acquisition activity that the board believes would not be in the best interest of shareholders.

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