Content about Newell Rubbermaid Inc.

February 3, 2014

Newell Rubbermaid reported strong fourth-quarter and full-year results, to the tune of a double-digit year-over-year improvement in its bottom line.

Net sales for the three months ended Dec. 31 were $1.49 billion, up 2.9% in year-ago terms. For the full year, sales came in at $5.69 billion, a 2.0% increase over 2012.

The company realized significantly better progress in terms of its net income. Income for the fourth quarter was $117.3 million, up 15.1% year-over-year. For the 12-month period, income was $474.6 million, up 18.3% from 2012's $401.3 million.

August 9, 2013

Newell Rubbermaid, Inc. is selling its Hardware business to Nova Capital, a firm that specializes in the acquisition of corporate and private equity portfolios, for $214 million.

Specifically, components of the sale include Newell's Amerock, Ashland, Drapery Hardware, Bulldog and Shur-Line brands. Sales for 2013 came in at $255 million so far, with gross proceeds resting at $214 million.