Starboard says four of its Newell Brands board nominees withdraw [Reuters]
Newell Brands Inc. (NWL)
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Source: Reuters
Starboard says four of its Newell Brands board nominees withdraw | Reuters Reuters Staff 1 Min Read March 20 (Reuters) - Activist investor Starboard Value LP said on Tuesday four executives it planned to elect on to Newell Brands Inc’s board had withdrawn their nominations. Starboard also said it would reduce its slate of nominees to a minority of the board, if it decides to contest board elections at Newell’s shareholder meeting that is typically held in May. Newell, the maker of Sharpie pens, struck a deal on Monday with billionaire investor Carl Icahn to appoint four of Icahn’s nominees to its board. Starboard said Ian Ashken, Domenico De Sole, Martin Franklin, and James Lillie, collectively withdrew their nominations. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sai Sachin Ravikumar) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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News
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- Newell Brands Inc. (NASDAQ:NWL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Global Insect Repellent Market Projected to Reach $8.4 Billion by 2032 from $5 Billion in 2023, Driven by Rising Concerns Related to Diseases Such as Zika Virus, Malaria, and Lyme [Yahoo! Finance]Yahoo! Finance
- McDonald's and other big brands warn that low-income consumers are starting to crack [CNBC]CNBC
- Newell Brands Inc. (NASDAQ: NWL) had its price target raised by analysts at Barclays PLC from $6.00 to $7.00. They now have an "underweight" rating on the stock.MarketBeat
NWL
Earnings
- 4/26/24 - Beat
NWL
Sec Filings
- 5/1/24 - Form 144
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- NWL's page on the SEC website