Newell Brands (NWL) Declares $0.23 Quarterly Dividend; 4.6% Yield
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Pre-Open Movers 11/07: (TWLO) (ARRS) (GNC) Higher; (MDXG) (INFN) (INGN) Lower (more...)
November 7, 2018 9:31 AM ESTPre-Open Stock Movers
MiMedx Group, Inc. (NASDAQ: MDXG) 39.2% LOWER; announced that its Board of Directors has unanimously authorized the adoption of a limited duration shareholder rights plan (the "Rights Plan") following receipt of notification from The Nasdaq Stock Market LLC ("Nasdaq") indicating that Nasdaq will suspend trading in the Company's stock effective at the open of business on Thursday, November 8, 2018.
Infinera (NASDAQ: INFN) 28.4% LOWER; reported Q3 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at... More
Newell Brands (NWL) to Sell Pure Fishing to Sycamore Partners and Jostens to Platinum Equity for $2.5B in Proceeds
November 7, 2018 8:31 AM ESTNewell Brands (NYSE: NWL) made substantial progress on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands and today announced that it has signed definitive agreements to sell two businesses, Pure Fishing and Jostens. Combined, these transactions are expected to contribute approximately $2.5 billion of after-tax proceeds, subject to customary working capital and other transaction adjustments, which will be deployed toward deleveraging and share repurchase.
The company has signed a definitive agreement to sell Pure Fishing to... More
