Fortune Brands News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eagle Asset Management Inc. increased its position in shares of Fortune Brands Innovations, Inc. (NYSE:FBIN – Free Report) by 0.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,243,398 shares of the company’s stock after buying an additional 1,522 shares during the quarter. Eagle Asset Management Inc.’s holdings in Fortune Brands Innovations […]

DuPont said it will split into three companies focused on water, electronics and chemicals. Investors and antitrust officials may be watching.

'Operational optimization' is a critical synergistic rationale that the leadership of MasterBrand is looking at as it looks to "dots the i's and cross the t's" on the massive $520 million deal announced May 21 that would see Supreme Cabinetry Brands come under the wing of MasterBrand, North America's largest manufacturer of cabinets.

Fortune Brands Innovations, Inc. (NYSE:FBIN – Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be given a dividend of 0.24 per share on Wednesday, June 12th. This represents a $0.96 annualized dividend and a dividend yield of 1.33%. The ex-dividend […]

In a $520 million deal, MasterBrand, the nation's largest cabinet company, has acquired Supreme Cabinetry Brands. MasterBrand said the deal is expected to bring annual cost savings of $28 million in procurement and production synergies, enhance its portfolio, and expand its dealer network and diversity of channel distribution.