Newell Brands CEO Saligram to retire; forecasts 2023 results below estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Newell (NWL) price target raised at Jefferies following 4Q results
February 14, 2023 2:14 PM ESTJefferies reiterated a Buy rating on Newell Brands (NASDAQ: NWL) and raised their price target on the stock to $20.00 (From $19.00) following the consumer goods companys 4Q results. NWL reported 4Q core sales of -9.4% YoY (vs Street -10.6%). The beat was driven by Home... More
Newell Brands (NWL) shares slide after guidance disappoints
February 10, 2023 8:02 AM ESTNewell Brands (NASDAQ: NWL) shares are down more than 6% premarket Friday after the company's first quarter and full-year guidance disappointed investors.
In the fourth quarter, the commercial products manufacturer and distributor reported an 18.5% decline in net sales to $2.3 billion. However, this beat consensus estimates of $2.23 billion. Meanwhile, earnings per share also exceeded... More
