Newell hits year high

28 March 2006 – Freeport (IL): Newell Rubbermaid’s shares hit a 52-week high yesterday in the wake of a Prudential Equity Group analyst upgrade that predicted improved earnings under new leadership and a rigorous restructuring programme.

Mark Ketchum took over as CEO of Newell in late 2005, after more than 30 years’ experience at Procter & Gamble.