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	<title>Stock Blog Hub &#187; Stanley Works</title>
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		<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>

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		<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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		<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>

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		<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>
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		<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>
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		<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>
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		<title>(SWK) The Stanley Works Beats Consensus</title>
		<link>http://www.stockbloghub.com/2009/10/21/swk-the-stanley-works-beats-consensus/18413</link>
		<comments>http://www.stockbloghub.com/2009/10/21/swk-the-stanley-works-beats-consensus/18413#comments</comments>
		<pubDate>Wed, 21 Oct 2009 23:22:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Machine Tools & Accessories]]></category>
		<category><![CDATA[Stanley Works]]></category>
		<category><![CDATA[SWK]]></category>

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		<description><![CDATA[Today before the market open, The Stanley Works (SWK) reported results for the third quarter of 2009. During the quarter, net income was $60.4 million, or 75 cents per share, down 63% from $163 million, or $2.04 per share, in the third quarter of 2008. The 2008 quarter included profit of $1.08 per share from discontinued operations. This beat the Zacks Consensus Estimate of 60 cents. Net sales from continuing operations were $936 million, down 16% versus the prior year as growth due to a 20% decline in unit volume. Currency translation also impacted revenues unfavorably by 2%. Stanley Works&#8217; security segment, electronic and mechanical security products, software and other equipment, posted an increase in profit, by 13%, to $84 million. The industrial tool segment posted a profit of $19 ]]></description>
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