Housewares & Specialties

Fortune Brands, Inc. (NYSE: FO) today announced the addition of two directors to the board of Beam, the standalone public spirits company to result from the planned separation of its businesses. Effective December 1, 2011, Stephen W. Golsby, president and chief executive officer of Mead Johnson...

Fortune Brands, Inc. (NYSE: FO) today reported the Total Consideration and Tender Offer Consideration in respect of its previously announced tender offers for up to an aggregate purchase price of $1.05 billion of its outstanding notes listed in the table below. The terms and conditions of the...

Robert F. Marcovitch has been named President and Chief Executive Officer of The Coleman Company, Inc., effective September 1, 2011. Marcovitch joins Coleman from his current role as President and CEO of K2 Sports. Both companies are wholly-owned subsidiaries of Jarden Corporation (NYSE: JAH).

Deutsche Bank has published a research report on Newell Rubbermaid (NYSE: NWL) reiterating the price target and rating. In the report, Deutsche Bank wrote, "While macro concerns are overwhelming sentiment and the share price, company is focusing on the factors it can control. Management is...

Below are the top home furnishings & fixtures stocks on the NYSE in terms of earnings estimate for the next year. The earnings estimate for Tempur-pedic International Inc (NYSE: TPX) for the next year ending December, 2012 is $3.68 per share. TPX's PEG ratio is 1.29. Fortune Brands Inc (NYSE...

Major U.S. Indexes are building upon yesterday's gains, on the heels of a 0.5% increase in retail sales – the biggest gain since March. August Consumer sentiment, however, plunged from 63.7 in July to 54.9 – its lowest level since May of 1980. The market seems to be shrugging off the consumer...

A Peek Into The Market Before The Trading Starts Pre-open movers US stock futures are flat this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 10 points to 11,094.00 and S&P 500 index futures rose 0.90 points to 1,169.40. Nasdaq 100 futures...

Newell Rubbermaid (NYSE: NWL) announced today that its Board of Directors has approved a $300 million stock repurchase program. Under the program, the company's common shares may be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or...

Fortune Brands (NYSE: FO) today reported preliminary results for its previously announced tender offers for up to an aggregate purchase price of $1 billion of its outstanding Notes listed in the table below. Fortune Brands also announced today that it has increased the maximum aggregate purchase...

According to Market Folly, which tracks hedge fund disclosures, Bill Ackman and Pershing Square have purchased more Fortune Brands (NYSE: FO) in recent days. According a filing with the SEC, Pershing bought an additional 3,648,512 shares on August 5th, 8th, and 9th. Ackman, and Pershing Square,...

Jarden Corporation (NYSE: JAH) today announced that its Board of Directors has approved a new stock repurchase program for up to $500 million of its common stock. Acquisitions under the stock repurchase program may be made from time to time through a combination of open market repurchases,...

General Motors Co (NYSE: GM) reported a strong rise in its second-quarter earnings. GM reported its quarterly earnings at $2.5 billion, or $1.54 per share, up from $1.3 billion, or $0.85 per share, in the year-earlier period. Its revenue surged to $39.4 billion from $33.2 billion. However, analysts...

Fortune Brands Inc (NYSE: FO) reported a drop in Q2 earnings from continuing operations. Fortune's earnings from continuing operations, excluding charges and gains, came in at $0.71 per share, versus $0.74 per share, in the year-ago period. Fortune's net income rose to $330 million, or $2.09 per...

US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM) and weekly jobless claims data. Futures for the Dow Jones Industrial Average dipped 44 points to 11,774.00 and S&P 500 index futures fell 5.20 points to 1,249.30. Nasdaq 100 futures...

Alpha Natural Resources Inc (NYSE: ANR) is expected to report its Q2 EPS at $1.12 on revenue of $1.47 billion. Kraft Foods Inc (NYSE: KFT) is projected to report its Q2 EPS at $0.58 on revenue of $13.15 billion. CIGNA Corporation (NYSE: CI) is estimated to report its Q2 EPS at $1.29 on revenue of...