Newell Brands up after Sharpie maker announces 900 job cuts

Shares of Newell Brands NWL.O up about 2% at $3.72

The Sharpie maker will cut 900 jobs, or 3.8%, of its global workforce and take up to $90 million in restructuring charges

The restructuring effort is expected to bring in annualized cost savings of about $110 million to $130 million

Co says it will close about 20 Yankee Candle stores in the U.S. and Canada by January next year

Including session's moves, NWL down 63% YTD