Market Movers: Newell Brands Inc (NYSE:NWL), Cheniere Energy, Inc. (NYSEMKT:LNG), Etsy Inc (NASDAQ:ETSY)

On Tuesday, Shares of Newell Brands Inc (NYSE:NWL), subtract -1.24% and closed at $51.60 in the last trading session. The last trading range of the stock ranges between $51.47 and $52.51. Newell Brands Inc. designs, manufactures or sources, and distributes consumer and commercial products worldwide. The company’s Writing segment offers writing instruments, counting markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Prismacolor, Mr. Sketch, Elmer’s, X-Acto, Parker, Waterman, and Dymo Office brands. Its Home Solutions segment provides indoor/outdoor organization, food storage, and home storage products; durable beverage containers; gourmet cookware, bakeware, and cutlery; window treatments; and hair care accessories under the Rubbermaid, Contigo, Bubba, Calphalon, Levolor, and Goody brands. The company’s Tools segment offers hand and power tool accessories; industrial band saw blades; tools for HVAC systems; and industrial label makers and printers under the Irwin, Lenox, Hilmor, and Dymo Industrial brands. Its Commercial Products segment designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, and material handling solutions under the Rubbermaid Commercial Products brand names. The company’s Baby & Parenting segment offers infant and juvenile products, such as car seats, strollers, highchairs, and playards directly under the Graco, Baby Jogger, Aprica, and Teutonia brands. The company sells its products through distributors and directly to mass merchants, warehouse clubs, grocery/drug stores, office superstores, office supply stores, and contract stationers, in addition to travel retail, on-line, and other retailers; and specialty and department stores, home centers, industrial/construction outlets, commercial products distributors, contract customers, and other professional customers.

Cheniere Energy, Inc. (NYSEMKT:LNG), jumped 0.02% and closed at $42.10 in the last trading session. The last trading range of the stock ranges between $41.76 and $42.77. The company’s Market capitalization is $9.58 Billion with the total Outstanding Shares of 235.69 million. Cheniere Energy Partners LP Holdings, LLC (“Cheniere Partners Holdings”) (NYSE MKT: CQH) declared recently that its board of directors has received a proposal from Cheniere Energy, Inc. (“Cheniere”) (NYSE MKT: LNG) following which Cheniere would acquire the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock for stock exchange. Subject to negotiation and execution of a definitive agreement, Cheniere is proposing consideration of 0.5049 Cheniere shares for each issued and outstanding publicly-held share of Cheniere Partners Holdings as part of a transaction that would be structured as a merger of Cheniere Partners Holdings with a wholly-owned partner of Cheniere. The projected consideration represents a value of $21.90 per common share of Cheniere Partners Holdings, or a premium of about 3.0% over the closing price of Cheniere Partners Holdings’ shares, based on the closing prices of Cheniere Partners Holdings’ shares and of Cheniere’s shares as of September 29, 2016, or a premium of about 7.0% over the 30-trading day average CQH / LNG exchange ratio as of September 29, 2016.

Cheniere owns 80.1% of the issued and outstanding shares of Cheniere Partners Holdings.

Etsy Inc(NASDAQ:ETSY), gained 4.42% and closed at $15.37 in the last trading session. The last trading range of the stock ranges between $14.81 and $15.83. During the 52-week trading session the minimum price at which share price traded, registered at $6.04 and reached to max level of $15.83. Etsy, Inc. operates a marketplace to make, sell, and buy goods online and offline worldwide. The company through its technology-based platform connects a community of sellers and buyers. Etsy sellers offer goods in various online retail categories, counting jewelry, stationery, clothing, home goods, craft supplies, and vintage items.

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