All Posts Tagged With: "BDK"
(SWK) Stanley Acquires Black & Decker
A few months back, The Stanley Works announced the acquisition of Black & Decker Corporation (BDK), and has recently completed the merger. According to the agreement, each outstanding share of BDK will be converted into 1.275 shares of Stanley Works. Stanley’s shareholders...
31Mar2010 | vitalstocks | 0 comments | Continued(DHI) National Association Of Homebuilder’s Index Drops
The National Association Of Homebuilders sentiment index fell to 15 in March from 17 in February. While the index is well off its record low of 8 set back in January 2009, it remains very depressed. The index is set up so any reading below 50 indicates contraction, and the current...
18Mar2010 | vitalstocks | 0 comments | Continued(SNA) Snap-on’s Earnings Report Exceeds Consensus
Snap-on Incorporated (SNA) reported fourth quarter 2009 earnings per share from continuing operations of 63 cents, exceeding the Zacks Consensus Estimate of 55 cents. Sales of $618.1 million in the quarter were up $36.3 million, or 6.2%, sequentially from third-quarter 2009 levels....
5Feb2010 | vitalstocks | 0 comments | Continued(BDK) Black & Decker Corporation Outperforms Expectations
Black & Decker Corporation (BDK) reported fourth-quarter earnings of 55 cents per share compared to 72 cents in the fourth quarter of 2008. The reported quarter earnings include $58.8 million of pre-tax expenses related to the proposed merger with The Stanley Works (SWK),...
4Feb2010 | vitalstocks | 0 comments | Continued(SWK) The Stanley Works Beats Earnings Consensus
The Stanley Works (SWK) announced decent results for the fourth quarter and full-year 2009. For the fourth quarter of 2009, Stanley reported an EPS of $0.67 compared to $0.05 in the year-ago quarter. Reported EPS for the quarter was below the Zacks Consensus Estimate of $0.76....
27Jan2010 | vitalstocks | 0 comments | Continued(LYTS) Housing Starts and Building Permits Rebound
This morning’s release of data on Building Permits and Housing Starts show that the housing sector rebounded in November after an awful October. Looking first at Housing Starts, they rose by 8.9% to an annual rate of 574,000 up from 527,000 in October. The October number for...
16Dec2009 | vitalstocks | 0 comments | Continued(CBE) Cooper Industries plc Acquires Pauluhn Electric
Cooper Industries plc (CBE) recently announced the acquisition of Texas-based Pauluhn Electric from Federal Signal Corp. (FSS). Pauluhn Electric is a leading provider of specialized marine, offshore and industrial lighting and connecting product solutions for harsh and hazardous...
3Dec2009 | vitalstocks | 0 comments | Continued(SWK) Stanley Works Acquires Black & Decker Corporation
Stanley Works (SWK) and Black & Decker Corporation (BDK) have entered into a definitive merger agreement to create Stanley Black & Decker, an $8.4 billion global tool maker. The Board of Directors of both companies approved an all-stock transaction valued at approximately...
3Nov2009 | vitalstocks | 0 comments | Continued(BDK) Black & Decker Ups Earnings Guidance
Black & Decker Corporation (BDK) updated its third quarter earnings guidance yesterday. The company now expects third quarter EPS of 91 cents per shares, compared to the previous guidance range of 35 cents to 45 cents per share. Black & Decker attributed its guidance...
14Oct2009 | vitalstocks | 0 comments | Continued(DHI) New Home Sales: Some Good News
Raise High the Roofbeam, Carpenter! More good news on the housing front: new home sales jumped 9.6% in July to a seasonally adjusted annual rate of 433,000. In addition, June sales were revised up from 384,000 to 395,000. The jump in sales brought down inventories to 271,000...
26Aug2009 | vitalstocks | 0 comments | Continued(BDK) Wall Street’s New Bull Market: 7 Signs the Bear is Dead…
by Louis Basenese, Advisory Panelist Senior Analyst, The Oxford Club Believe it or not, but based on the classic Wall Street definitions, we’re in a new bull market. As of last Friday, all three major market indices recovered more than 20% from their March 9 lows. Of course,...
8Apr2009 | InvestmentU | 0 comments | Continued