Stanley Black & Decker Closes Sale Of Security Business To Securitas AB For $3.2 Bln
(RTTNews) - Stanley Black & Decker (SWK) announced Friday that it has completed the previously announced sale of most of its Security assets to Sweden-based Securitas AB for $3.2 billion in cash. The transaction further focuses Stanley Black & Decker's portfolio on its core businesses.
The sale includes Stanley Black & Decker's Commercial Electronic and Healthcare Security business lines (Security).
Net proceeds from the sale are expected to fund debt reduction and the $2.3 billion share repurchase completed in the first quarter. This transaction was announced on December 8, 2021.
read more
CPSC Recalls: Gazebos, Mowers, Power Banks, Coffee Makers, Candles, Baby Loungers
The U.S. Consumer Product safety Commission or CPSC has announced recalls including BJ's gazebos, Stanley Black & Decker mowers, IKEA power banks, ALDI coffee makers, Trader Joe's candles, and certain baby loungers, citing various reasons. The recalls include BJ's Wholesale Club's' about 32,500 units of Berkley Jensen Gazebos citing injury risk; Stanley Black & Decker Inc.'s about 46,200 units...
RTTNews
|
il y a 167
Stanley Black & Decker Guides FY23 Above Estimates - Update
While reporting financial results for the fourth quarter on Thursday, Stanley Black & Decker (SWK) initiated its earnings and adjusted earnings outlook for the full-year 2023, above analysts' estimates.
RTTNews
|
il y a 728
Stanley Black & Decker Appoints Patrick Hallinan As New CFO
Stanley Black & Decker (SWK) announced Monday the appointment of Patrick Hallinan to Executive Vice President, Chief Financial Officer, effective April 6. Hallinan, who succeeds interim CFO Corbin Walburger, will report to Donald Allan Jr., President and CEO of Stanley Black & Decker.
RTTNews
|
il y a 738
Stanley Black & Decker To Divest Oil & Gas Business To Pipeline Technique
Stanley Black & Decker (SWK) announced Tuesday it has signed a definitive agreement for the sale of its STANLEY Oil & Gas business to Pipeline Technique Ltd., a leading provider of solutions to the energy industry. The terms of the deal were not disclosed.
RTTNews
|
il y a 947
European Shares Likely To Drift Lower On Tariff Worries
European stocks are seen opening broadly lower on Friday despite Apple posting a record revenue and Intel beating earnings and revenue expectations.
RTTNews
|
il y a 5h 33min
European Economic News Preview: German Inflation, Unemployment Data Due
Flash consumer prices, retail sales and unemployment figures from Germany and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, the UK Nationwide house price data is due. Economists forecast house prices to grow 4.3 percent on a yearly basis in January following a 4.7 percent rise in December.
RTTNews
|
il y a 5h 45min
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were modestly higher on Friday ahead of the Union Budget presentation this weekend and next week's MPC meeting.
RTTNews
|
il y a 6h 41min
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the positive cues from Wall Street overnight, with markets in China, Hong Kong and Taiwan closed for Lunar New Year. The markets are also reacting positively to some domestic economic data from Japan and Australia. The markets are gaining from heavy buying in the tech space and firm metal prices that are pushing up mining stocks.
RTTNews
|
il y a 7h 47min
