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Newell Rubbermaid shares could climb 20 pct or more in next year -Barron's

2016-01-25 05:12:48| Appliances - Topix.net

Jan 24 Shares of Newell Rubbermaid , the maker of Sharpie markers and Parker pens, could rise 20 percent or more over the next year as the company reaps the benefits of its announced acquisition of Jarden Corp, Barron's said in its latest edition. Shares of Newell have fallen 19 percent since the company announced last month it would purchase Jarden, but Jarden could end up improving Newell's revenue growth and provide more savings opportunities, Barron's said.

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