Housewares & Specialties

According to Jefferies, Newell Rubbermaid (NYSE: NWL) EPS is lowered. Jefferies said that, despite the EPS beat v. estimates in the 2Q, it is slightly lowering its full year 2011 EPS estimates as it sees the back-half of the year to be below its previous expectations, driven primarily by lower...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

Fortune Brands (NYSE: FO) unveils its next round of earnings this Thursday, August 4, 2011. Here's Benzinga's essential guide to Fortune Brands' second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 97 cents/share and revenues of $1.94 billion....

Deutsche Bank made a number of updates in a research report published today. American Axle & Manufacturing (NYSE: AXL) had its rating reiterated at Hold. On Friday, AXL added 8.82% to its value to finish the week at $11.47. Tenneco (NYSE: TEN) had its rating reiterated at...

According to Bank of America, Newell Rubbermaid (NYSE: NWL) estimates are raised. Bank of America said that after lowering the 2011 EPS est on 7/7 to $1.52, it is raising its est back to $1.59 (vs mgmt's $1.55-$1.62 guidance) on higher sales and gross margin. “We reiterate our Buy rating at $22...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to...

Deutsche Bank maintained its Newell Rubbermaid (NYSE: NWL) Buy rating and $21 price target in a research report published today. In the report, Deutsche Bank states, "Many investors have resisted Newell on the premise that brands and categories are in decay, consistent and sustainable earnings...

Fortune Brands, Inc. (NYSE: FO) today completed the previously announced sale of the Acushnet Company golf business to a group led by Fila Korea Ltd. and Mirae Asset Private Equity. The price was $1.225 billion in cash.

Cadence Design Systems (NASDAQ: CDNS) +6.27% on upbeat earnings. Community Health Systems (NYSE: CYH) +6.15% on upbeat earnigs. Gulfport Energy (NASDAQ: GPOR) +4.30% after CK Cooper reiterated Buy and PT of $38. Newell Rubbermaid (NYSE: NWL) +5.43 on upbeat earnigns.

This is your Benzinga news summary and traders' outlook for Friday, July 29, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders worry about when the decision on the debt ceiling will be...

Pre-open movers US stock futures are lower this morning, after Thursday's House budget vote on the US debt ceiling was rescheduled. Futures for the Dow Jones Industrial Average dipped 74 points to 12,119.00 and S&P 500 index futures fell 7.20 points to 1,289.60. Nasdaq 100 futures dropped 10.75...

Newell Rubbermaid Inc (NYSE: NWL) reported upbeat Q2 profit and lowered its projections for the year. Newell Rubbermaid's quarterly profit increased to $146.7 million, or $0.49 per share, from $130.4 million, or $0.41 per share, in the year-ago period. Its sales climbed 5.1% to $1.57 billion....

US stock futures are lower this morning, after Thursday's House budget vote on the US debt ceiling was rescheduled. Futures for the Dow Jones Industrial Average dipped 55 points to 12,138.00 and S&P 500 index futures fell 5.70 points to 1,291.10. Nasdaq 100 futures dropped 7.75 points to 2,362....

Chevron Corporation (NYSE: CVX) is projected to report its Q2 EPS at $3.56 on revenue of $71.58 billion. Aon Corporation (NYSE: AON) is expected to report its Q2 EPS at $0.82 on revenue of $2.74 billion. Newell Rubbermaid Inc (NYSE: NWL) is estimated to report its Q2 EPS at $0.42 on revenue of $...

Jefferies is out with its report today on Jarden (NYSE: JAH), maintaining Buy. In a note to clients, Jefferies writes, "Although we had expected weather and timing issues to make for a muted Q2, JAH's organic sales growth and margins were below our expectations, with below-the-line items making up...