Tupperware Brands (TUP) stock was down 29% as of 12:25 PM ET today as the company missed analysts’ sales expectations for the fourth quarter of 2018 and slashed its dividend by 60%.
Price movement Newell Brands (NWL) rose 1.4% to close at $46.18 per share during the second week of December 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 1.4%, -1.2%, and 6.5%, respectively, as of December 16. NWL is trading 1.1% below its 20-day moving average, 5.0% below its 50-day moving average, […]
Tupperware Brands fell 0.47% to close at $58.90 per share on November 18. The stock’s weekly, monthly, and YTD price movements were 0.49%, -1.9%, and 9.6%.
Newell Brands (NWL) reported 3Q16 net sales of $4.0 billion, a rise of 158.5% over the net sales of $1.5 billion in 3Q15, due to the acquisition of Jarden.
Price movement Newell Brands (NWL) has a market cap of $24.3 billion. It rose 2.5% to close at $50.41 per share on November 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.7%, -1.8%, and 15.8%, respectively, on the same day. NWL is trading 0.33% below its 20-day moving average, 2.1% […]
Price movement Tupperware Brands (TUP) has a market cap of $3.1 billion. It fell 4.7% to close at $61.57 per share on October 19, 2016. The stock’s weekly, monthly, and YTD (year-to-date) price movements were -4.6%, -1.7%, and 14.6%, respectively, on the same day. TUP is trading 5.0% below its 20-day moving average, 4.4% below […]
Price movement General Motors (GM) has a market cap of $49.2 billion. It rose 1.4% to close at $31.85 per share on October 19, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 0.54%, 0.63%, and -2.8%, respectively, on the same day. GM is trading 0.31% below its 20-day moving average, 0.89% […]
In 2Q16, Newell Brands’s net income and earnings per share fell to $135.2 million and $0.30, respectively, compared with $148.5 million and $0.55, respectively, in 2Q15.
Moody’s Investors Service has rated Newell Rubbermaid’s $8 billion senior unsecured notes as Baa3. Net proceeds from these notes will be used to finance the Jarden acquisition.
On December 14, 2015, Newell Rubbermaid entered into an agreement with Jarden (JAH) to combine companies. This combination will create a $16 billion consumer goods company in the name of Newell Brands.
Newell Rubbermaid’s operations in Venezuela are impacted by the country’s economy, which contracted by 4.5% in the first nine months of 2015. The annual inflation rate rose to 141.5% with high oil prices.
Strategic rationale of the deal Both Newell Rubbermaid (NWL) and Jarden (JAH) are US-based consumer products conglomerates operating in diverse industries, with presences in several global markets. Both companies have strong portfolios of leading brands that are number one or number two in their categories. The combined company will have a concentrated portfolio of brands, […]
Herbalife’s debt has risen, but cash from operations fell to $101.8 million. Its total cash for 3Q14 was $678 million, down from $774 million sequentially.
Herbalife management said the company has taken steps to manage Herbalife Venezuela sales, such as introducing new pricing and establishing order limits.
Ackman claims that the company’s extension of a share repurchase program in February “is a confidence game” and that the insiders have been selling during the company’s buyback programs.
Ackman has campaigned against Herbalife since December 2012. He has released numerous presentations and reports alleging the nutritional company’s multilevel marketing model is a fraud and a “pyramid scheme.”
The move of William Ackman from Pershing Square Capital Management to deliver a “death blow” to Herbalife Ltd. (HLF) on Tuesday didn’t have the desired impact.
