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10nisman

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10nisman

Re: 10nisman post# 7

Wednesday, 06/02/2010 1:39:15 AM

Wednesday, June 02, 2010 1:39:15 AM

Post# of 140
Looks like P&G rumors are back....

Newell Rises On Speculation P&G May Bid

http://blogs.barrons.com/stockstowatchtoday/2010/01/19/newell-rises-on-speculation-pg-may-bid/

January 19, 2010

By Eric Savitz
Newell Rubbermaid (NWL) shares are trading higher this morning on rumors that Procter & Gamble (PG) might be interested in acquiring the company. According to TheFlyOnTheWall.com, “it’s believed that the boards of both companies met earlier,” and that Newell is seeking at least $21-$22 a share.

Schaeffer’s Investment Research notes that call trading in NWL options has skyrocketed today.
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  • 1Y
  • 5Y
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