Content about Newell Rubbermaid

June 4, 2014

Newell Rubbermaid (NWL) jumped up 4.42% on Wednesday after Morgan Stanley upgraded the stock, citing an expectation for near-term growth for the company.

May 19, 2014

Newell Rubbermaid opened a 40,000-sq.-ft. Design Center in Kalamazoo, Michigan, a move it says will boost its numerous brands.

May 8, 2014

The stocks were mixed at the close of Wednesday. Newell Rubbermaid posted the strongest growth at +3.02%.

May 2, 2014

LP surged ahead to $16.73, a 3.46% increase, while Newell Rubbermaid saw the biggest decline, at -3.86%.

May 2, 2014

Dealing with the adverse impacts of a harness buckle recall on some of its car seats and the weather-related slowdown in its home business, Newell Rubbermaid sales slipped 0.7% in the first quarter to $1.23 billion. 

“Strong core sales growth in Writing offset declines in Home Solutions and Baby, yielding normalized earnings per share of $0.35, flat with last year's results,” said Michael Polk, CEO. 

Net income declined 2.4% to $52.9 million. 

February 3, 2014

Newell Rubbermaid reported strong fourth-quarter and full-year results, to the tune of a double-digit year-over-year improvement in its bottom line.

Net sales for the three months ended Dec. 31 were $1.49 billion, up 2.9% in year-ago terms. For the full year, sales came in at $5.69 billion, a 2.0% increase over 2012.

The company realized significantly better progress in terms of its net income. Income for the fourth quarter was $117.3 million, up 15.1% year-over-year. For the 12-month period, income was $474.6 million, up 18.3% from 2012's $401.3 million.

December 9, 2013

Tractor Supply, Scotts and Newell Rubbermaid pace the field on the Home Channel Stock Roundup. Gas prices hold steady at about $3.26 for a gallon of regular.

 

December 9, 2013

Newell Rubbermaid has appointed Paula S. Larson to the post of EVP and chief human resources officer, succeeding the soon-to-be-retired James M. Sweet, effective Dec. 16.

October 28, 2013

Newell Rubbermaid reported massive gains of 79% in net income for the third fiscal quarter of 2013, a momentary boom that the company attributed to the sale of its hardware business.

Newell sold the unit to Nova Capital for $214 million, before taxes, in September.

October 3, 2013

In an effort to recalibrate its branding efforts and global investments, Newell Rubbermaid is consolidating a number of marketing agencies worldwide into one lead creative partner and one lead media-buying partner.

Bartle Bogle Hegarty (BBH) will serve as lead creative agency, wherein it will assume responsibility for strategy, creative execution and implementation of all brand-related communication channels. Led by BBH New York, the assignment will have global support from the company's network. 

September 19, 2013

Newell Rubbermaid has appointed Nate Young to the newly created role of VP global innovation, which will involve developing the company's innovation process.

Young will be leaving his role as president of the NewNorth Center for Design in Business, a nonprofit education and business institution. In his new role, he will work closely with the marketing and design/R&D departments to help drive innovation across the business and build a network of inventor, university and corporate innovation communities.

September 12, 2013

Atlanta-based Newell Rubbermaid announced it has closed the sale of its Hardware business, which includes the Amerock, Ashland, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. 

The transaction was first announced Aug. 9.

August 23, 2013

Stocks were overwhelmingly in the green at Thursday's close, with the exception of Newell Rubbermaid and Sears, which took a nosedive of 8.20%.

August 8, 2013

Newell Rubbermaid is streamlining its operations by removing its common listing from the Chicago Stock Exchange next month, the company announced Thursday.

According to a company statement, the decision was enacted in an effort to trim the duplicate administrative requirements and costs resulting from the maintenance of a dual listing. Newell Rubbermaid does not believe the move will impact the liquidity of its common stock.

July 26, 2013

Newell Rubbermaid, whose brands include Irwin Tools, Lenox and Calphalon in addition to Sharpie and Paper Mate, reported second-quarter net sales of $1.47 billion, up 3.5% from the prior-year quarter.

Net income for the Atlanta-based company was $109.8 million, down 1.8% from the same quarter last year.

The company's Home Solutions segment net sales were $399.1 million, up 2.0%. The growth was driven by strong results from Rubbermaid and increased distribution of Calphalon. 

Tools segment net sales were down 2.2% to $198.0 million. 

July 16, 2013

In a move to focus on its core businesses, Atlanta-based Newell Rubbermaid sold its Teach platform, including the Mimio and Headsprout interactive teaching technology brands, to Skyview Capital, a Beverly Hills, Calif., private equity firm.

June 17, 2013

Newell Rubbermaid has made way for a major e-commerce recalibration with the appointment of Jeremy Liebowitz as the company's first VP global e-commerce. Touting an 18-year track record of driving e-commerce growth, Liebowitz will be spearheading Rubbermaid's latest initiative to develop a global online presence.

Liebowitz is leaving his position as VP digital commerce and marketing at Jaden Corp., where he achieved steady online revenue growth over five years. 

May 3, 2013

Newell Rubbermaid reported first-quarter net income of $54.2 million, down 31.7% from $79.3 million. Sales for the quarter were $1.241 billion, down 0.8%.

May 3, 2013

The company has announced plans to sell its “Hardware and Teach Platform” businesses.

April 8, 2013

Stocks are mixed on the Home Channel Stock Roundup, with Newell Rubbermaid pacing the field. The unemployment rate slip to 7.6% as gas prices level.

March 29, 2013

Newell Rubbermaid says it will create a state-of-the-art Design Center to accelerate growth through enhanced capabilities in design and innovation.

February 21, 2013

After three years of research and development, Newell Rubbermaid has launched a new brand of tools into the heating, ventilation, air conditioning and refrigeration market.

February 21, 2013

Newell Rubbermaid announced it will reaffirm its fiscal year 2013 outlook, as provided in its fourth quarter 2012 earnings press release dated Feb.1, 2013, during its presentation Thursday at the Consumer Analyst Group of New York (CAGNY) conference.

January 29, 2013

Newell Rubbermaid has launched its new Hilmor tool brand for heating, ventilation and air conditioning/refrigeration (HVAC/R) technicians.

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