Newell Brands Cuts Outlook On Harvey Impact

Newell Brands announced that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter.

O’Brien Watersports Acquires Assets Of Nash Mfg.

O’Brien Watersports has acquired substantially all of the assets of Nash Mfg., which produces watersports products under the Hydroslide brand name, pool and lake leisure products under the licensed brand name of Margaritaville and rotational molded coolers under the brand name Sub Z.

OBIT: John Egart

John Egart, former CEO of First Team Sports Inc., a pioneer in in-line skates, has passed away after a long battle with bone marrow cancer.