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Stanley Black & Decker Inc (SWK.N)

SWK.N on New York Stock Exchange

174.75USD
18 Jan 2018
Change (% chg)

$0.99 (+0.57%)
Prev Close
$173.76
Open
$174.28
Day's High
$175.69
Day's Low
$174.01
Volume
211,132
Avg. Vol
253,383
52-wk High
$175.69
52-wk Low
$118.31

Latest Key Developments (Source: Significant Developments)

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
Thursday, 16 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

Stanley Black & Decker Q2 earnings per share $1.84
Friday, 22 Jul 2016 

Stanley Black & Decker Inc : Raises FY 2016 earnings per share view to $6.30 to $6.50 . Stanley Black & Decker reports 2Q 2016 results . Q2 earnings per share $1.84 . Q2 revenue $2.9 billion versus I/B/E/S view $2.91 billion . Q2 earnings per share view $1.72 -- Thomson Reuters I/B/E/S . Raising 2016 full year diluted EPS guidance range to $6.30 - $6.50 from $6.20 - $6.40 . Announced CEO transition; John F. Lundgren to retire as CEO, effective July 31 and continue as chairman through year-end 2016 . James M. Loree, currently president and COO, to succeed Mr. Lundgren and join board . FY2016 earnings per share view $6.36 -- Thomson Reuters I/B/E/S ."Continue to face a challenging operating environment, including potential fall-out from Brexit".  Full Article

Stanley Black & Decker announces dividend increase to $0.58 per share
Thursday, 21 Jul 2016 

Stanley Black & Decker Inc : Stanley Black & Decker announces dividend increase to $0.58 per share .Board of Directors approved a $0.03 increase of its quarterly cash dividend to $0.58 per common share.  Full Article

Stanley Black & Decker Inc raises FY 2016 EPS guidance
Thursday, 21 Apr 2016 

Stanley Black & Decker Inc:Raises range of FY 2016 EPS outlook to $6.20 - $6.40 from $6.00 - $6.20.  Full Article

BRIEF-Stanley Black & Decker Enters Into 364-Day Credit Agreement

* STANLEY BLACK & DECKER INC SAYS ON DECEMBER 20, CO ENTERED INTO A 364-DAY CREDIT AGREEMENT - SEC FILING