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Newell Rubbermaid (NWL) Stock Closes Lower on Earnings Results

NEW YORK (TheStreet) -- Shares of Newell Rubbermaid (NWL - Get Report) closed down by 1.96% to $42.43 on heavy trading volume on Friday, following the company's 2015 third quarter earnings results.

The Atlanta-based marketer of consumer and commercial products reported earnings of 62 cents per share on revenue of $1.53 billion before the market open on Friday. Analysts surveyed by Thomson Reuters were expecting Newell Rubbermaid to report earnings of 61 cents per share on revenue of $1.54 billion.

The company's core sales increased in all five of its segments, Newell Rubbermaid CEO Michael...