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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:22 EDTNWLNewell Rubbermaid should be bought on weakness, says BMO Capital
After Newell Rubbermaid reported higher than expected Q1 EPS but its Q2 and Q3 EPS outlook was dampened by higher A&P spending trends, BMO Capital thinks the company is benefiting from better decision making and greater operating flexibility. The firm keeps an Outperform rating on the shares.
News For NWL From The Last 14 Days
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March 24, 2015
16:31 EDTNWLStamps.com intends to acquire Endicia from Newell Rubbermaid for $215M in cash
Stamps.com (STMP) announced that it has entered into a definitive agreement with Newell Rubbermaid (NWL) for Stamps.com to acquire Endicia, a wholly owned subsidiary of Newell Rubbermaid, for $215M in cash. Based in Palo Alto, California, Endicia is a leading provider of high volume shipping technologies and solutions for use with the U.S. Postal Service and other postal partners. Endicia offers solutions that help businesses run their shipping operations more smoothly and function more successfully. Endicia sells its products under brand names including Endicia, DYMO Stamps and PictureItPostage. Endicia also provides seamless access to USPS and other shipping services through integration with more than 250 partner applications. Endicia had approximately $59M in revenue during fiscal 2014.
March 20, 2015
10:07 EDTNWLHigh option volume stocks
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07:05 EDTNWLGraco to pay $3M fine for delayed reporting, to invest $7M in child safety
Graco Children's Products, a subsidiary of Newell Rubbermaid, has reached an agreement with the National Highway Traffic Safety Administration in connection with the company's reporting of consumer complaints about difficulty opening car seat buckles. As part of the agreement, the company agrees to pay a $3M fine and invest $7M in child passenger safety programs and education.

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