With the end of the penny, is the clock ticking for the nickel? [CNN]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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Source: CNN
of production costs higher than their worth coupled with limited usefulness. While the penny remains legal tender, banks and merchants are already reporting shortages. But the factors that prompted the government to stop making pennies are even truer for the nickel. Pennies cost nearly 5 cents to make – 4 cents more than they're worth. The nickel's net loss is nearly 9 cents per coin. Nickels are 75% copper and 25% nickel, while pennies — despite their reputation as a copper coin — are copper-plated zinc, meaning they are 97.5% zinc and only 2.5% copper. While metal prices can be volatile, zinc costs about the same as it did in late 2016; copper and nickel prices cost roughly double since then. The US Mint and one of its suppliers, Artazn, have been studying ways to get the cost of making a nickel down to less than 5 cents, said Mark Weller, executive director of Americans for Common Cents. The pro-penny group is funded primarily by Artazn, which describes itself as one of the
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NWL
News
- Newell Brands (NWL): Reassessing Valuation After Cost-Cutting Plan and Softer Sales Guidance [Yahoo! Finance]Yahoo! Finance
- Newell Brands to Cut 10% of Employees in Cost-Savings Push [Yahoo! Finance]Yahoo! Finance
- Newell Brands (NASDAQ:NWL) had its price target lowered by analysts at UBS Group AG from $5.50 to $4.00. They now have a "neutral" rating on the stock.MarketBeat
- NUK® Expands Perfect Match™ Line to Help Make Feeding & Soothing Natural at Every StagePR Newswire
- Yankee Candle maker Newell Brands announces plans to close stores and cut 900 jobs [Yahoo! Finance]Yahoo! Finance
NWL
Earnings
- 10/31/25 - Miss
NWL
Sec Filings
- 12/1/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 10/31/25 - Form 10-Q
- NWL's page on the SEC website