On Monday, Shares of Newell Brands Inc (NYSE:NWL), subtract -1.98% and closed at $46.51 in the last trading session. The last trading range of the stock ranges between $45.95 and $47.78. Newell Brands Inc. (NWL) declared it will reaffirm its outlook for fiscal years 2016 and 2017, as offered in its third quarter 2016 earnings press release dated October 28, 2016, during its presentation tomorrow at the Morgan Stanley Global Consumer & Retail Conference.
Chief Executive Officer Michael Polk will present Tuesday, November 15, at 8:00 a.m. ET.
As of April 15, 2016, Newell Brands core sales include pro forma core sales associated with the Jarden transaction as if the combination occurred April 15, 2015. Core sales exclude the impact of foreign currency, acquisitions (other than the Jarden acquisition) until their first anniversary and planned and accomplished divestitures (counting the deconsolidation of Venezuela). Newell Brands anticipates to exit product lines with annual sales of $75 million to $125 million by the end of 2018, which will be reflected as a negative impact on core sales. Starting with the second quarter of 2016, the company is apart from the amortization of intangible assets associated with acquisitions from its calculation of normalized earnings per share.
Cousins Properties Inc (NYSE:CUZ), jumped 1.84% and closed at $7.75 in the last trading session. The last trading range of the stock ranges between $7.57 and $7.78. The company’s Market capitalization is $3.14 Billion with the total Outstanding Shares of 393.38 million. Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, in addition to performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land. The Office/Multi-Family division develops and manages office projects mainly in Austin, Dallas, Charlotte, Birmingham, and Atlanta; develops and sells multi-family projects in urban locations in the southeastern United States; and manages and leases office properties owned by third parties. It also develops mixed use projects that contain multiple product types in communities where individuals live, work, and seek entertainment. As of December 31, 2006, this division owned interests in 20 operating office properties; and had 5 office or multi-family projects under development or redevelopment. The Retail division develops and manages retail shopping centers principally in Georgia, Tennessee, North Carolina, Texas, and Florida. As of the above date, this division owned 10 operating retail properties; and had 3 projects and 1 expansion under development. The Industrial division develops institutional warehouse and distribution properties in the metropolitan Atlanta area and the Dallas market. As of December 31, 2006, this division owned one operating industrial property and three projects under development. The Land division engages in the acquisition and entitlement of land, the development and sale of residential lots, and the acquisition and sale of certain undeveloped tracts of land to third parties. As of the above date, this division had 24 residential communities under development. The company qualifies as a REIT under the Internal Revenue Code.
Tesla Motors Inc (NASDAQ:TSLA), lost -3.77% and closed at $181.45 in the last trading session. The last trading range of the stock ranges between $178.19 and $188.25. Company stock’s 52-week range is $141.05 – $269.34 Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It mainly offers sedans and sport utility vehicles.