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Stanley Black & Decker Inc (SWK.N)

SWK.N on New York Stock Exchange

141.61USD
24 Apr 2018
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$-0.85 (-0.60%)
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Latest Key Developments (Source: Significant Developments)

Stanley Black & Decker Recognized $22.3 Mln Of Net Severance Charges In March Qtr
Monday, 23 Apr 2018 

April 23 (Reuters) - Stanley Black & Decker Inc ::STANLEY BLACK & DECKER SAYS RECOGNIZED $22.3 MILLION OF NET SEVERANCE CHARGES RELATED TO REDUCTION OF ABOUT 406 EMPLOYEES IN MARCH QUARTER - SEC FILING.EXPECTS RESTRUCTURING ACTIONS TO RESULT IN ANNUAL NET COST SAVINGS OF ABOUT $19 MILLION BY THE END OF 2019.  Full Article

Stanley Black & Decker Reports Q1 Earnings Per Share $1.39 Excluding Items
Friday, 20 Apr 2018 

April 20 (Reuters) - Stanley Black & Decker Inc ::STANLEY BLACK & DECKER REPORTS 1Q 2018 RESULTS.Q1 REVENUE $3.2 BILLION VERSUS I/B/E/S VIEW $3.11 BILLION.SEES FY 2018 GAAP EARNINGS PER SHARE $7.40 TO $7.60.Q1 EARNINGS PER SHARE $1.39 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.11.Q1 EARNINGS PER SHARE VIEW $1.35 -- THOMSON REUTERS I/B/E/S.REITERATING 2018 FY ADJUSTED EPS GUIDANCE RANGE OF $8.30 - $8.50 AND FREE CASH FLOW CONVERSION OF APPROXIMATELY 100%.FY2018 EARNINGS PER SHARE VIEW $8.42 -- THOMSON REUTERS I/B/E/S.STANLEY BLACK & DECKER - 2018 OUTLOOK INCLUDES ORGANIC GROWTH OF 5%."IN ADDITION TO ORGANIC GROWTH, WE CONTINUE TO FOCUS ON STRATEGIC CAPITAL ALLOCATION ACTIONS"."WE CONTINUE TO SEE A STRONG ACQUISITION PIPELINE AND ARE EXPLORING MULTIPLE OPPORTUNITIES TO CREATE SIGNIFICANT VALUE"."CONTINUE TO MAKE TARGETED INVESTMENTS TO SUPPORT OUR SFS 2.0 OPERATING SYSTEM".STANLEY BLACK & DECKER-2018 OUTLOOK INCLUDES ADJUSTED EPS GROWTH OF 11% - 14% VERSUS PRIOR YEAR,WHILE OFFSETTING ABOUT $180 MILLION OF COMMODITY INFLATION HEADWINDS.  Full Article

Doncasters Agrees To Sell Neslon Fastener Systems To Stanley Black & Decker
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Doncasters Group::PRESS RELEASE - DONCASTERS AGREES TO SELL NELSON FASTENER SYSTEMS TO STANLEY BLACK & DECKER.DONCASTERS GROUP - DEAL FOR APPROXIMATELY $440 MILLION IN CASH.DONCASTERS GROUP - AGREED TO SELL ITS NELSON FASTENER SYSTEMS BUSINESS TO STANLEY BLACK & DECKER FOR ABOUT $440 MILLION.DONCASTERS GROUP - SALE, DOES NOT INCLUDE NELSON'S AUTOMOTIVE STUD WELDING BUSINESS.DONCASTERS GROUP - SALE WILL ENABLE CO TO PAY DOWN SOME EXISTING DEBT.  Full Article

Stanley Black & Decker Enters Into 364-Day Credit Agreement
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Stanley Black & Decker Inc ::STANLEY BLACK & DECKER INC SAYS ON DECEMBER 20, CO ENTERED INTO A 364-DAY CREDIT AGREEMENT - SEC FILING.STANLEY BLACK & DECKER- AGREEMENT CONSISTS $1.25 BILLION REVOLVING CREDIT LOAN, SUB-LIMIT EQUAL TO EURO EQUIVALENT OF $400 MILLION FOR SWING LINE ADVANCES.  Full Article

Stanley Black & Decker Inc files for potential mixed shelf offering size not disclosed - SEC filing ‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Stanley Black & Decker Inc :Stanley Black & Decker Inc files for potential mixed shelf offering; size not disclosed - SEC filing ‍​.  Full Article

Stanley Black & Decker reports 3Q 2017 results
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Stanley Black & Decker Inc :Stanley Black & Decker reports 3Q 2017 results.Q3 sales $3.3 billion versus I/B/E/S view $3.15 billion.Sees FY 2017 adjusted earnings per share $7.33 to $7.43.Sees FY 2017 gaap earnings per share $8.20 to $8.30.Q3 earnings per share $1.95 excluding items.Q3 GAAP earnings per share $1.80.Q3 earnings per share view $1.87 -- Thomson Reuters I/B/E/S.Stanley Black & Decker Inc - ‍restructuring charges for quarter were $19.1 million​.Fy2017 earnings per share view $7.31 -- Thomson Reuters I/B/E/S.Stanley Black & Decker Inc - ‍reiterating its free cash flow conversion estimate of approximately 100% for 2017​.  Full Article

UK's CMA makes revocation order in relation to completed acquisition by Stanley Black & Decker
Friday, 17 Mar 2017 

Competition and Markets Authority (CMA): UK's CMA says made a revocation order in relation to completed acquisition by Stanley Black & Decker Inc . UK's CMA-order revokes initial enforcement order that CMA imposed on 10 March 2017; without prejudice to CMA's ongoing investigation into acquisition Further company coverage: [SWK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Stanley Black & Decker-Newell deal does not preclude it from doing a deal in another part of biz portfolio - Conf call
Wednesday, 12 Oct 2016 

Stanley Black & Decker Inc : Says the Newell tool biz deal does not preclude it from doing an acquisition in another part of its biz portfolio - Conf call Further company coverage: [SWK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Newell Brands to sell its tools business to Stanley Black & Decker for $1.95 bln
Wednesday, 12 Oct 2016 

Newell Brands Inc : Newell Brands announces agreement to sell tools brands to Stanley Black & Decker . Gross proceeds from divestiture are expected to be $1.95 billion . Newell Brands Inc - gross proceeds from divestiture are expected to be $1.95 billion . Newell Brands - proceeds to be primarily used to pay down debt in furtherance of goal of achieving leverage ratio of 3-3.5 times EBITDA by end of 2018 . Newell Brands Inc - if deal were to be completed on dec 31, 2016 , co would expect normalized EPS dilution of about $0.15 on an annualized basis . Newell Brands will retain its Dymo(reg) industrial labeling business within reported tools segment . Total 2015 net sales of remaining businesses held for sale is approximately $700 million .Newell Brands - sales processes are underway and company hopes to complete divestiture of remaining assets held for sale within first half of 2017.  Full Article

Stanley Black & Decker to buy Newell Brands tools business for $1.95 bln
Wednesday, 12 Oct 2016 

Stanley Black & Decker Inc : Stanley Black & Decker to acquire tools business of Newell Brands . Stanley Black & Decker Inc - EPS accretion, excluding charges, of approximately $0.15 per share expected in year one from deal . Stanley Black & Decker Inc -Stanley Black & Decker expects transaction to result in annual cost synergies of approximately $80 - $90 million by year three . Stanley Black & Decker Inc says expects to fund acquisition with a combination of available cash and debt . Stanley Black & Decker Inc - deal for $1.95 billion . Stanley Black & Decker Inc - EPS accretion, excluding charges increasing to approximately $0.50 per share by year three from deal . Stanley Black & Decker Inc- acquisition is expected to be approximately $0.15 accretive to earnings per share in year one post-closing . Stanley Black & Decker Inc sees approximately $125 to $140 million of restructuring and other deal related costs . Stanley Black & Decker Inc sees approximately $40 million of non-cash inventory step-up charges from deal .Stanley Black & Decker to acquire tools business of Newell Brands.  Full Article

BRIEF-Stanley Black & Decker Recognized $22.3 Mln Of Net Severance Charges In March Qtr

* STANLEY BLACK & DECKER SAYS RECOGNIZED $22.3 MILLION OF NET SEVERANCE CHARGES RELATED TO REDUCTION OF ABOUT 406 EMPLOYEES IN MARCH QUARTER - SEC FILING