Spectrum Brands Holdings Inc (NYSE:SPB) has agreed to sell its Hardware & Home Improvement (HHI) segment to ASSA ABLOY (OTC:ASAZY), a Swedish conglomerate,…
Spectrum Brands Holdings Inc (NYSE: SPB) is trading higher Wednesday after the company announced a definitive agreement to sell its hardware and home improvement segment for $4.3 billion in cash.
Spectrum Brands Holdings (NYSE:SPB) shares experienced unusual options activity on Tuesday. The stock price moved down to $79.47 following the option alert.
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Shares of Spectrum Brands Holdings (NYSE:SPB) remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share increased 15.44% year over year to $1.57, which were in line with the estimate of $1.57.
Spectrum Brands Holdings (NYSE:SPB) reported quarterly earnings of $1.57 per share which met the analyst consensus estimate. This is a 15.44 percent increase over earnings of $1.36 per share from the same period last