UPDATE 3-Newell Brands cuts board deal with Icahn, snubbing Starboard [Reuters (UK)]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.newellbrands.com/investor-relations/default.aspx
Company Research
Source: Reuters
Newell Brands cuts board deal with Icahn, snubbing Starboard | Reuters 3 Min Read (Reuters) - Newell Brands Inc ( NWL.N ) said on Monday it has agreed to appoint four directors to its board put forward by billionaire investor Carl Icahn, a deal that excludes activist hedge fund Starboard Value LP, which had mounted its own board challenge. The agreement is an example of activist investors competing against each other rather than working in tandem. Starboard, which is seeking to replace Newell’s entire board of directors, declined to comment on its next move. Icahn disclosed a 6.86 percent stake in the Hoboken, New Jersey-based consumer products company last Friday. However, he and Newell CEO Michael Polk have been in discussions since last month, according to two people familiar with the matter who requested anonymity to disclose the confidential talks. One analyst said the Icahn board deal changes the dynamics of the contest. “But it doesn’t mean that Starboard will capitulate,” sa
Show less
Read more
Impact Snapshot
Event Time:
NWL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NWL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NWL alerts
High impacting Newell Brands Inc. news events
Weekly update
A roundup of the hottest topics
NWL
News
- Newell (NWL) Earnings Surpass Estimates in Q1 Sales Dip Y/Y [Yahoo! Finance]Yahoo! Finance
- Why Newell Brands is trimming its brand portfolio: CEO [Yahoo! Finance]Yahoo! Finance
- Here's What Key Metrics Tell Us About Newell Brands (NWL) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Newell Brands breaks even in Q1 amid progress on turnaround plans [Seeking Alpha]Seeking Alpha
- Newell Brands Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
NWL
Earnings
- 4/26/24 - Beat
NWL
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 3/27/24 - Form ARS
- NWL's page on the SEC website