Piper Jaffray Upgrades Newell Rubbermaid (NWL) to Overweight

RBC Capital Downgrades Jarden Corporation (JAH) to Sector Perform

RBC Capital downgraded Jarden Corporation (NYSE: JAH) from Top Pick to Sector Perform.

For an analyst ratings summary and ratings history on Jarden Corporation click here. For more ratings news on Jarden Corporation click here.

Shares of Jarden Corporation closed at $55.69 yesterday.

Piper Jaffray Updates Estimates on Jarden Corp. (JAH) to Reflect NWL's Offer - PT to $60

Piper Jaffray reiterated an Overweight rating on Jarden Corporation (NYSE: JAH), and raised the price target to $60.00 (from $56.00), to reflect the offer by NWL to acquire the company. The offer represents a 24% premium to the trailing 30 day weighted average price and appears fair and reasonable in our... More

Newell Rubbermaid (NWL) Ratings Affirmed by S&P Amid Jarden (JAH) Deal

Standard & Poor's Ratings Services affirmed its ratings on Newell Rubbermaid Inc. (NYSE: NWL), including the 'BBB-' corporate credit rating and 'A-3' short-term rating, and revised the rating outlook to negative from stable.

We understand Newell has secured bridge financing for the transaction and expects to access the capital markets to obtain new debt before the transaction closes. At that time, we plan to rate the related debt instruments. We expect the transaction (subject to regulatory approvals and approval by shareholders of both Newell and Jarden) to close in the second quarter of... More

Newell Rubbermaid (NWL) to Acquire Jarden (JAH) for ~$60/Share

Newell Rubbermaid (NYSE: NWL) and Jarden Corporation (NYSE: JAH) today announced that they have entered into a definitive agreement to combine the two companies. The transaction creates a $16 billion consumer goods company to be named Newell Brands, with a portfolio of leading brands in large unconsolidated categories, including Paper Mate®, Sharpie®, EXPO®, Parker®, Elmers®, Calphalon®, Rubbermaid®, Graco®, Baby Jogger®, Aprica®, Goody®, Irwin®, Lenox®, Rubbermaid Commercial Products®, Coleman®, First Alert®, FoodSaver®, Jostens®, K2®, NUK®, Oster®, Rawlings®, Sunbeam® and Yankee Candle®. The scaled enterprise is expected to accelerate profitable growth with leading brands... More