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Deutsche Bank Reports on Newell Rubbermaid
Tuesday, June 7, 2011 - 7:32am | 125Deutsche Bank commented on New Rubbermaid (NYSE: NWL) in a report released yesterday. In the report, Deutsche Bank was mixed in its assessment of the company. Deutsche Bank writes, "Stock is trading off on concerns around (i) lowered guidance despite somewhat upbeat recent management commentary...
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Deutsche Bank Lowers PT On Newell Rubbermaid To $21
Tuesday, June 7, 2011 - 5:20am | 27Deutsche Bank has lowered the price target on Newell Rubbermaid (NYSE: NWL) from $22 to $21 and maintains its Buy rating.
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Calls Purchased on Newell Rubbermaid
Monday, June 6, 2011 - 9:54am | 133Shares of Newell Rubbermaid (NYSE: NWL) are lower on the session by 1.54%, currently trading at $14.74. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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Bank Of America Reiterates Buy Rating On Newell Rubbermaid
Monday, June 6, 2011 - 7:22am | 97According to Bank of America, Newell Rubbermaid (NYSE: NWL) is not a value trap. Bank of America said that NWL's downward guidance revision on Friday (Trimming 2011/12 EPS) clearly disappointed the market, with shares -12%. “Reiterate Buy rating, maintaining $24 target. As we detailed in a 5/13...
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UPDATE: J.P. Morgan Lowering Price Target On Newell Rubbermaid Inc.
Monday, June 6, 2011 - 6:54am | 179J.P. Morgan Chase & Co. is lowering its price target on shares of Newell Rubbermaid Inc. (NYSE: NWL) to $17.50 from $21.50, but it is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan writes, "Newell reduced guidance for Q2 and 2011 on Friday, possibly in advance of...
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JP Morgan Lowers PT ON Newell Rubbermaid To $17.50
Monday, June 6, 2011 - 5:12am | 27JP Morgan has lowered the price target on Newell Rubbermaid (NYSE: NWL) from $21.50 to $17.50 and maintains its Overweight rating.
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Newell Rubbermaid Plunging 11% On Weak Outlook, Earnings
Friday, June 3, 2011 - 11:40am | 135Newell Rubbermaid Inc. (NYSE: NWL) shares are plunging today, down more than 11% on news that the company cut its 2011 outlook on weak orders from retailers. “Several of our large retail customers are revising downward their U.S. growth expectations for the year, pointing to weak consumer...
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Blyth Trading Lower Today
Friday, June 3, 2011 - 9:29am | 45Blyth (NYSE: BTH) is trading lower today. At the time of posting, shares of BTH were trading at $37.36, down 16.38% from Thursday's close. Blyth reported Q1 EPS of $(0.60) today, and lowered its 2012 EPS guidance from $2.80-3.00 to $2.10-2.30.
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News Summary
Friday, June 3, 2011 - 8:38am | 233Shares of Walgreens Company (NYSE: WAG) fell about 0.2% after the company reported a 5.6% rise in its May same-store sales. Walgreens total May sales jumped 7% to $6.08 billion. Analysts were expecting same-store sales to increase 4.9%. Walgreens' total front-end sales surged 5.5% in May, while...
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A Peek Into The Market Before The Trading Starts
Friday, June 3, 2011 - 6:33am | 389Pre-open movers US stock futures are lower this morning, as investors are awaiting payrolls figures. Futures on the Dow Jones Industrial Average dropped 33 points to 12,205.00 and futures on the S&P 500 stock index fell 4 points to 1,308.40. Nasdaq 100 futures declined 8.50 points to 2,317.50...
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Newell Rubbermaid Lowers 2011 Projections; Shares Down In Pre-Market Trading
Friday, June 3, 2011 - 6:28am | 142Newell Rubbermaid Inc (NYSE: NWL) lowered its 2011 projections on Friday. Newell Rubbermaid now expects 2011 core sales growth in the range of 3% to 4%. The company now projects a full-year adjusted profit to be in the range of $1.60 to $1.67 per share, down its previous forecast of $1.67 to $1....
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Newell Rubbermaid Cuts Full Year EPS Growth Estimate to 5-10 Percent
Friday, June 3, 2011 - 6:02am | 159Newell Rubbermaid (NYSE: NWL) today announced that in light of disappointing economic conditions and weak consumer spending trends in the U.S. market, the company is adopting a more conservative 2011 sales and earnings outlook. Newell Rubbermaid now anticipates 2011 core sales growth in the range...
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Options Brief: Fortune Brands
Wednesday, June 1, 2011 - 9:12am | 79Shares of Fortune Brands (NYSE: FO) are higher on the session by 0.06%, trading at $64.77. Overall call volume is now running at 15.42x the daily average, with 0% of all calls traded being purchases on the offer. 2,884 contracts have traded on the session so far. Fortune Brands, Inc. is a...
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Top 4 Mid-Cap Stocks In The Packaging & Containers Industry With The Highest ROE
Wednesday, May 25, 2011 - 11:42pm | 133Below are the top mid-cap packaging & containers stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Smurfit-Stone Container Corp (NYSE: SSCC) is 289.30%. SSCC's profit margin for the same period is 24.68%. The trailing-twelve-month...
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Tupperware Brands Announces Plans to Refinance Outstanding Term Loans
Wednesday, May 25, 2011 - 7:33am | 241Tupperware Brands Corporation (NYSE: TUP) announced today that, subject to market and other conditions, it plans to refinance its $405 million of outstanding term loans with the proceeds of a notes offering also announced today, as well as borrowings under a new $450 million 5-year floating rate...