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Fly News Breaks for January 15, 2016
NWL
Jan 15, 2016 | 07:15 EDT
Noting that Newell's stock has dropped 15% this year, Wells Fargo says it believes that the company's acquisition of Jarden will enable it to significantly reduce its costs. Wells thinks the company's cost reduction from the deal could exceed its $500M target. It keeps an Outperform rating on the shares. It keeps an Outperform rating on the shares.
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