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	<title>Stock Blog Hub &#187; BDK</title>
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		<title>(SWK) Stanley Acquires Black &amp; Decker</title>
		<link>http://www.stockbloghub.com/2010/03/31/bdk-stanley-acquires-black-decker/32407</link>
		<comments>http://www.stockbloghub.com/2010/03/31/bdk-stanley-acquires-black-decker/32407#comments</comments>
		<pubDate>Wed, 31 Mar 2010 20:42:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Small Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Stanley Black & Decker]]></category>
		<category><![CDATA[SWK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32407</guid>
		<description><![CDATA[A few months back, The Stanley Works announced the acquisition of Black &#38; 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 will own approximately 50.5% of the equity of the combined company and Black &#38; Decker shareholders will own the balance. The combined company will be traded as Stanley Black &#38; Decker (SWK) on the NYSE stock exchange. Management expects an increase in EPS by $1.00 in three years. The company also estimates annual cost synergies of $350 million by 2013. Moreover, improvements in working capital and asset efficiency are expected to generate free cash flow of $1.0 billion by the end of March 2013. Thus, going forward the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) National Association Of Homebuilder&#8217;s Index Drops</title>
		<link>http://www.stockbloghub.com/2010/03/18/dhi-national-association-of-homebuilders-index-drops/30714</link>
		<comments>http://www.stockbloghub.com/2010/03/18/dhi-national-association-of-homebuilders-index-drops/30714#comments</comments>
		<pubDate>Thu, 18 Mar 2010 18:33:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FO]]></category>
		<category><![CDATA[Fortune Brands Inc.]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[MAS]]></category>
		<category><![CDATA[Masco Corporation]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>
		<category><![CDATA[Weyerhaeuser Company]]></category>
		<category><![CDATA[WY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30714</guid>
		<description><![CDATA[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 rate is well below anything seen prior to the Great Recession (although the history only goes back to 1983). The builders index is a pretty good leading indicator of housing starts. The graph below (from http://www.calculatedriskblog.com/) shows the history of the index plotted against single family home starts. Historically residential investment, with new home construction being the largest part of that, has been the principal locomotive that pulls the economy out of recessions. The dip in the home building ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/dhi-national-association-of-homebuilders-index-drops/30714/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SNA) Snap-on&#8217;s Earnings Report Exceeds Consensus</title>
		<link>http://www.stockbloghub.com/2010/02/05/sna-snap-ons-earnings-report-exceeds-consensus/27132</link>
		<comments>http://www.stockbloghub.com/2010/02/05/sna-snap-ons-earnings-report-exceeds-consensus/27132#comments</comments>
		<pubDate>Sat, 06 Feb 2010 00:14:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Small Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[CIT]]></category>
		<category><![CDATA[CIT Group]]></category>
		<category><![CDATA[Danaher Corporation]]></category>
		<category><![CDATA[DHR]]></category>
		<category><![CDATA[SNA]]></category>
		<category><![CDATA[Snap-on Inc.]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27132</guid>
		<description><![CDATA[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. Fourth-quarter 2009 sales declined 7.4% from 2008 levels; excluding foreign currency translation, organic sales declined 11.1%. Gross profit of $284.4 million in the quarter represented 46.0% of sales, compared with 44.8% in the 2009 third quarter and 44.9% a year ago. Segment Overview Commercial &#38; Industrial Group operating earnings in the fourth quarter increased sequentially by $12.2 million over third-quarter 2009 levels on $36.8 million of higher sales. Segment sales of $302.2 million in the fourth quarter declined $24.6 million, or 7.5%, from 2008 levels; excluding foreign currency ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/05/sna-snap-ons-earnings-report-exceeds-consensus/27132/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BDK) Black &amp; Decker Corporation Outperforms Expectations</title>
		<link>http://www.stockbloghub.com/2010/02/04/bdk-black-decker-corporation-outperforms-expectations/26964</link>
		<comments>http://www.stockbloghub.com/2010/02/04/bdk-black-decker-corporation-outperforms-expectations/26964#comments</comments>
		<pubDate>Thu, 04 Feb 2010 22:19:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Small Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Stanley Works]]></category>
		<category><![CDATA[SWK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26964</guid>
		<description><![CDATA[Black &#38; 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), while 4Q08 earnings include a $20.8 million pre-tax restructuring charge. Excluding these one-time charges, Black &#38; Decker reported earnings of $1.24 for the fourth quarter of 2009, compared to $0.96 in the fourth quarter of 2008. The Zacks Consensus Earnings Estimate for the quarter was 76 cents per share. Revenue in the quarter was down 6% year over year at $1.3 billion. This includes a favorable currency translation impact of 4%. The company witnessed sales declines in all three segments. The Power Tools and Accessories segment posted ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SWK) The Stanley Works Beats Earnings Consensus</title>
		<link>http://www.stockbloghub.com/2010/01/27/swk-the-stanley-works-beats-earnings-consensus/26228</link>
		<comments>http://www.stockbloghub.com/2010/01/27/swk-the-stanley-works-beats-earnings-consensus/26228#comments</comments>
		<pubDate>Thu, 28 Jan 2010 01:51:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Machine Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Stanley Works]]></category>
		<category><![CDATA[SWK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26228</guid>
		<description><![CDATA[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. The increase in EPS is attributable to continued success of well-executed productivity projects combined with strict control on costs. Net revenues decreased to $969.4 million from $1,085.9 million in the fourth quarter of 2008 due to a 16% decline in unit volume. During fiscal year 2009, revenues reached $3,737.1 million, down 15.6% year over year due to a 20% decline in unit volume. Currency translation also negatively impacted revenues by 2%. The decrease was also due to the continued weakness in both U.S. and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/27/swk-the-stanley-works-beats-earnings-consensus/26228/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LYTS) Housing Starts and Building Permits Rebound</title>
		<link>http://www.stockbloghub.com/2009/12/16/lyts-housing-starts-and-building-permits-rebound/23012</link>
		<comments>http://www.stockbloghub.com/2009/12/16/lyts-housing-starts-and-building-permits-rebound/23012#comments</comments>
		<pubDate>Wed, 16 Dec 2009 22:32:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Equipment]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[LSI Industries Inc.]]></category>
		<category><![CDATA[LYTS]]></category>
		<category><![CDATA[Stanley Works]]></category>
		<category><![CDATA[SWK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23012</guid>
		<description><![CDATA[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 housing starts was originally reported as 529,000. The rate last month was 12.4% below the 655,000 rate of a year ago (and over 2 million at the peak). The gains were widespread, will all four regions posting housing starts gains for the month. Leading the way was the Northeast, which saw a 16.4% rise in housing starts on the month and is now seeing housing starts at a rate that is 14.3% above year-ago levels. That is nice to see, but keep in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/16/lyts-housing-starts-and-building-permits-rebound/23012/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CBE) Cooper Industries plc Acquires Pauluhn Electric</title>
		<link>http://www.stockbloghub.com/2009/12/03/cbe-cooper-industries-plc-acquires-pauluhn-electric/21868</link>
		<comments>http://www.stockbloghub.com/2009/12/03/cbe-cooper-industries-plc-acquires-pauluhn-electric/21868#comments</comments>
		<pubDate>Thu, 03 Dec 2009 22:09:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Conglomerates]]></category>
		<category><![CDATA[ABB]]></category>
		<category><![CDATA[ABB Limited]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[Federal Signal Corporation]]></category>
		<category><![CDATA[FSS]]></category>
		<category><![CDATA[Oshkosh Corporation]]></category>
		<category><![CDATA[OSK]]></category>
		<category><![CDATA[Tennant Company]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>
		<category><![CDATA[TNC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21868</guid>
		<description><![CDATA[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 locations and corrosive environments. Terms of the transaction were not disclosed. Pauluhn Electric was founded in 1924 and designs and manufactures a wide range of specialized area lighting and connecting solutions used in offshore and onshore drilling, shipbuilding, mining, petrochemical and other industrial applications involving harsh and corrosive environments. The acquisition of Pauluhn Electric complements its global-leading Cooper Crouse-Hinds’ harsh and hazardous product offering and enables it to continue to provide its customers with increasingly comprehensive, highly-specified solutions that enhance safety and productivity in demanding environments around the world. Cooper Industries is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/03/cbe-cooper-industries-plc-acquires-pauluhn-electric/21868/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SWK) Stanley Works Acquires Black &amp; Decker Corporation</title>
		<link>http://www.stockbloghub.com/2009/11/03/swk-stanley-works-acquires-black-decker-corporation/19520</link>
		<comments>http://www.stockbloghub.com/2009/11/03/swk-stanley-works-acquires-black-decker-corporation/19520#comments</comments>
		<pubDate>Tue, 03 Nov 2009 22:26:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Machine Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Stanley Works]]></category>
		<category><![CDATA[SWK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19520</guid>
		<description><![CDATA[Stanley Works (SWK) and Black &#38; Decker Corporation (BDK) have entered into a definitive merger agreement to create Stanley Black &#38; Decker, an $8.4 billion global tool maker. The Board of Directors of both companies approved an all-stock transaction valued at approximately $4.5 billion. Under the terms of the deal, Black &#38; Decker shareholders will receive 1.275 Stanley shares for each Black &#38; Decker share they own. The deal is expected to close in the first half of 2010. Upon the completion of the transaction, Stanley shareholders will own 50.5% of the combined company, while Black &#38; Decker shareholders will own the remaining 49.5%. John F. Lundgren, Chairman and Chief Executive Officer of Stanley, will be President and Chief Executive Officer of the combined company, while Nolan D. Archibald, Chairman, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/03/swk-stanley-works-acquires-black-decker-corporation/19520/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BDK) Black &amp; Decker Ups Earnings Guidance</title>
		<link>http://www.stockbloghub.com/2009/10/14/bdk-black-decker-ups-earnings-guidance/17565</link>
		<comments>http://www.stockbloghub.com/2009/10/14/bdk-black-decker-ups-earnings-guidance/17565#comments</comments>
		<pubDate>Wed, 14 Oct 2009 17:09:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Small Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[The Black & Decker Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17565</guid>
		<description><![CDATA[Black &#38; 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 &#38; Decker attributed its guidance update to better-than-expected sales, operating margin improvement, and lower tax rate. Though there wasn’t any significant improvement in its end markets, the company said that the quarterly sales were better-than-expected due to early shipments of promotional items in the U.S. industrial power tools and accessories business. These shipments were previously expected in the fourth quarter. Moreover, the company benefited from favorable currency translation. The company expects a year-over-year decline of 23% in third quarter sales compared to 28% and 27% respectively, in the first two quarters. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/14/bdk-black-decker-ups-earnings-guidance/17565/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DHI) New Home Sales: Some Good News</title>
		<link>http://www.stockbloghub.com/2009/08/26/dhi-new-home-sales-some-good-news/13503</link>
		<comments>http://www.stockbloghub.com/2009/08/26/dhi-new-home-sales-some-good-news/13503#comments</comments>
		<pubDate>Wed, 26 Aug 2009 20:37:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Residential Construction]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Black & Decker Corp.]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[Louisiana-Pacific Corp.]]></category>
		<category><![CDATA[LPX]]></category>
		<category><![CDATA[RYL]]></category>
		<category><![CDATA[Ryland Group Inc.]]></category>
		<category><![CDATA[Weyerhaeuser Company]]></category>
		<category><![CDATA[WY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13503</guid>
		<description><![CDATA[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 from 280,000 in June. This brought the months supply metric down to 7.5 months, a full month less than in June, and well below the 10.1 months of a year ago, when inventories stood at 419,000. That is a 35.4% year-over-year drop, far exceeding the 13.4% decline in sales from a year ago. We are now almost down to a normal months of supply, which is around six months, although during the boom years it was consistently around four months. Homebuilders like D.R. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/26/dhi-new-home-sales-some-good-news/13503/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BDK) Wall Street’s New Bull Market: 7 Signs the Bear is Dead…</title>
		<link>http://www.stockbloghub.com/2009/04/08/bdk-wall-street%e2%80%99s-new-bull-market-7-signs-the-bear-is-dead%e2%80%a6/5293</link>
		<comments>http://www.stockbloghub.com/2009/04/08/bdk-wall-street%e2%80%99s-new-bull-market-7-signs-the-bear-is-dead%e2%80%a6/5293#comments</comments>
		<pubDate>Wed, 08 Apr 2009 23:26:25 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Small Tools & Accessories]]></category>
		<category><![CDATA[BDK]]></category>
		<category><![CDATA[Black & Decker Corp.]]></category>
		<category><![CDATA[Textron Inc.]]></category>
		<category><![CDATA[TXT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=5293</guid>
		<description><![CDATA[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, we’ve been here before. Or as Yogi Berra liked to say, “It’s like déjà vu all over again.” Recall, back in November of 2008 the markets began an impressive run-up, hitting the 20% milestone, too. Then all hell broke loose. As a result, not every market observer, myself included, is completely convinced by the recent move. But I will say this &#8211; seven notable differences exist between then and now, leading me to believe this very well could be the start of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/04/08/bdk-wall-street%e2%80%99s-new-bull-market-7-signs-the-bear-is-dead%e2%80%a6/5293/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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