Newell Brands
— The parent company of brands such as Yankee Candle and Rubbermaid saw its shares fall 3.8% after hours after revising its third-quarter revenue guidance, forecasting less than what it had previously expected. The company CEO said Newell has experienced"a significantly greater than expected pullback in retailer orders and continued inflationary pressures on the consumer."
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WSJ News Exclusive | Ernst & Young Leaders Expected to Approve Plan to Split Accounting CompanyErnst & Young's leaders are expected this week to give the green light to splitting its auditing and consulting businesses About time. Yawn! This is overdue - accounting firms should not be provided biased advice to their clients that actively refutes common accounting rules.
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