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Stock Market & Financial Investment News

News Breaks
August 15, 2014
08:56 EDTNWL, SPBSpectrum Brands announced Douglas Martin to join company as CFO
Martin will join the company as its new Executive VP and CFO effective on September 1. Martin had served as Executive VP and CFO of Newell Rubbermaid.
News For SPB;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.
March 17, 2015
07:36 EDTSPBSpectrum Brands management to meet with Deutsche Bank
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March 16, 2015
07:01 EDTSPBSpectrum Brands names Andreas Rouve as CEO, effective April 1
Spectrum Brands Holdings announced that Andreas Rouvé has been elected CEO of the company, effective April 1. Rouvé, who has served as COO since February 2014, succeeds Dave Lumley who recently announced plans to retire from the company.

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