On Wednesday, Shares of Commscope Holding Company Inc (NASDAQ:COMM), added 0.09% and closed at $35.00 in the last trading session. The last trading range of the stock ranges between $34.68 and $35.92. CommScope Holding Company, Inc. (COMM) has declared the sale of 19,716,970 shares of its common stock on an underwritten basis by an associate of The Carlyle Group. CommScope will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about November 16, 2016, subject to customary closing conditions.
Morgan Stanley and Jefferies are acting as the joint book-running managers for the offering. Morgan Stanley and Jefferies propose to offer the shares of common stock from time to time to purchasers directly or through agents, or through brokers in brokerage transactions on the Nasdaq Global Select Market, or to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices, which may be changed, or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices.
Newell Brands Inc (NYSE:NWL), dropped -0.26% and closed at $46.93 in the last trading session. The last trading range of the stock ranges between $46.66 and $47.21. The company’s Market capitalization is $22.90 Billion with the total Outstanding Shares of 482.40 million. There’s no doubt that home cooking with fresh ingredients presents various benefits. However, shopping for them can become expensive, especially when looking at the shocking amount that often goes to waste. On average, over 20% of food is wasted in the US**; that’s over $500*** a year worth of fruits, vegetables and grains! To protect that food investment, the FoodSaver® brand, the authority and top-selling brand in vacuum sealing food preservation, introduces the new FoodSaver® Fresh Appliance, a small and counter space-worthy vacuum sealing appliance ideal for preserving refrigerator and pantry ingredients in addition to on-the-go snacks. Specially-designed for use with FoodSaver® Fresh Containers and Zipper Bags, the new FoodSaver® Fresh Appliance is a compact powerhouse. At just 5.5 inches wide x 11 inches tall and taking similar counter space as a one-cup coffee brewing system, it will seal in freshness and keep foods fresh up to twice as long contrast to non-vacuum sealing storage methods. Ordinary food storage methods trap air with food, causing foods to lose flavor and nutrition. The new FoodSaver® Fresh Appliance quickly removes air from specially designed FoodSaver® Fresh Containers and Vacuum Zipper Bags to assist preserve fresh foods and allow consumers to prep grab and go snacks or ingredients for cooking ahead of time, knowing they will taste just as fresh later on.
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