Fortune Brands Innovations: Difference between revisions
BarrelProof (talk | contribs) On October 18, 2011, it was announced that Pershing Square Capital Management owned a 15% stake in the company |
BarrelProof (talk | contribs) The company has said that it holds market leadership positions in all of its segments, and that it has 16,000 associates that generated more than $3.2 billion in net sales in 2010. The company is included in the S&P MidCap 400 index. |
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'''Fortune Brands Home & Security''' ({{NYSE|FBHS}}) is a company created on October 3, 2011 from part of the former [[Fortune Brands]] holding company.<ref name=NowIndependent>[http://finance.yahoo.com/news/Fortune-Brands-Home-Security-bw-1447000967.html?x=0 Fortune Brands Home & Security Now Independent, Begins Trading on NYSE], ''Businesswire'', October 4, 2011.</ref> The company headquarters is in [[Deerfield, Illinois]],<ref name=NowIndependent/> which is in the vicinity of the [[Chicago metropolitan area]]. The company's product lines include [[Master Lock]], MasterBrand cabinets, [[Moen (company)|Moen faucets]], Simonton windows and Therma-Tru entry door systems.<ref name=NowIndependent/> |
'''Fortune Brands Home & Security''' ({{NYSE|FBHS}}) is a company created on October 3, 2011 from part of the former [[Fortune Brands]] holding company.<ref name=NowIndependent>[http://finance.yahoo.com/news/Fortune-Brands-Home-Security-bw-1447000967.html?x=0 Fortune Brands Home & Security Now Independent, Begins Trading on NYSE], ''Businesswire'', October 4, 2011.</ref> The company headquarters is in [[Deerfield, Illinois]],<ref name=NowIndependent/> which is in the vicinity of the [[Chicago metropolitan area]]. The company's product lines include [[Master Lock]], MasterBrand cabinets, [[Moen (company)|Moen faucets]], Simonton windows and Therma-Tru entry door systems.<ref name=NowIndependent/> The company has said that it holds market leadership positions in all of its segments, and that it has 16,000 associates that generated more than $3.2 billion in net sales in 2010.<ref name=NowIndependent/> |
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The company is included in the [[S&P MidCap 400]] index.<ref name=NowIndependent/> |
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On October 18, 2011, it was announced that [[Pershing Square Capital Management]] owned a 15% stake in the company, and considered its stock to be a very attractive investment.<ref>Gammeltoft, N., and Fineman, J., [http://www.bloomberg.com/news/2011-10-18/ackman-discloses-15-stake-in-fortune-brands-home-shares-jump.html Ackman Says Pershing Square Owns 15% of Fortune Brands Home], Bloomberg, Oct. 18, 2011.</ref> |
On October 18, 2011, it was announced that [[Pershing Square Capital Management]] owned a 15% stake in the company, and considered its stock to be a very attractive investment.<ref>Gammeltoft, N., and Fineman, J., [http://www.bloomberg.com/news/2011-10-18/ackman-discloses-15-stake-in-fortune-brands-home-shares-jump.html Ackman Says Pershing Square Owns 15% of Fortune Brands Home], Bloomberg, Oct. 18, 2011.</ref> |
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Revision as of 18:28, 23 October 2011
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Fortune Brands Home & Security (NYSE: FBHS) is a company created on October 3, 2011 from part of the former Fortune Brands holding company.[1] The company headquarters is in Deerfield, Illinois,[1] which is in the vicinity of the Chicago metropolitan area. The company's product lines include Master Lock, MasterBrand cabinets, Moen faucets, Simonton windows and Therma-Tru entry door systems.[1] The company has said that it holds market leadership positions in all of its segments, and that it has 16,000 associates that generated more than $3.2 billion in net sales in 2010.[1]
The company is included in the S&P MidCap 400 index.[1]
On October 18, 2011, it was announced that Pershing Square Capital Management owned a 15% stake in the company, and considered its stock to be a very attractive investment.[2]
References
- ^ a b c d e Fortune Brands Home & Security Now Independent, Begins Trading on NYSE, Businesswire, October 4, 2011.
- ^ Gammeltoft, N., and Fineman, J., Ackman Says Pershing Square Owns 15% of Fortune Brands Home, Bloomberg, Oct. 18, 2011.