Newell Rubbermaid, Inc. (NYSE:NWL)
CAPS Rating:
The Company is a marketer of consumer and commercial products that touch the lives of people where they work, live and play.
The Company is a marketer of consumer and commercial products that touch the lives of people where they work, live and play.
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Recs
99% of managerial decisions are based on increasing the annual ROA group bonus with no regard for the long term good of the company or the stock holders.
Why are the US factories shutting down? Cost is a small factor. The biggest reason is that is easier for mediocre folks to pick products out of a Chinese catalogue than it is to design and make something.