SOURCE: StockCall

StockCall

December 17, 2010 08:17 ET

Analyst Research on Newell Rubbermaid Inc. and Jarden Corp. - Housewares and Accessories Sector Hurt by Soaring Rubber Prices

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 17, 2010) -  www.stockcall.com/ offers investors comprehensive research on the housewares & accessories industry and has completed analytical research on Newell Rubbermaid Inc. (NYSE: NWL) and Jarden Corp. (NYSE: JAH). Register with us today at www.stockcall.com/ to have free access to these researches.

The Housewares and Accessories sector has been hurt by soaring rubber prices of late. Prices have been high due to inordinate amounts of rainfall in the primary rubber producing regions of Thailand and India. Output is expected to fall by 4.5% in 2010, a time when Chinese demand is growing rapidly, pressuring prices up.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the housewares & accessories industry can have easy and free access to our analyst research and opinions on Newell Rubbermaid Inc. and Jarden Corp.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

This price growth is bad for the Housewares and Accessories sector because rubber is one of the primary inputs for many products they create. To combat these lower margins, some companies within the sector have been working to raise their production efficiency instead of passing higher prices onto budget-conscious consumers who have become used to lower price points during the recession. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the housewares & accessories industry.

Generally speaking, the growing budget-mindedness of consumers has increased demand for many products manufactured by the sector. One interesting phenomenon is the growth of "take out your own trash" programs where businesses put the responsibility of emptying trash bins in the hands of their employees. This has sparked demand for small trash and recycling bins. Reusable food containers have also seen a boon due to the money saving "dine-in" trend. The increased amount of at-home cooking and eating inevitable spawned more leftovers and thus more demand for containers. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Taking a look at the third quarter results for some of the industry key players, Newell Rubbermaid Inc. saw net income drop to $28.3 million that is down 67% as compared to the same quarter results in 2009. Investors looking for free research on Newell Rubbermaid Inc. are welcome to sign up at www.stockcall.com/NWL171210.pdf for our new report. 

Conversely, Jarden Corp. delivered upbeat result for the quarter with net income coming at $80.6 million. Investors looking for complimentary research on Jarden Corp. are welcome to sign up at www.stockcall.com/JAH171210.pdf for our new report. 

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