Stanley Black & Decker Appoints Patrick Hallinan As New CFO

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 | 62 days ago

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 | 623 days ago

Stanley Black & Decker Closes Sale Of Security Business To Securitas AB For $3.2 Bln

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.

RTTNews | 818 days ago

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 | 842 days ago

Walmart Offers Thanksgiving Meal For Below $7/Person Through Dec. 25

Walmart Inc. officially launched its holiday meal, offering customers a Thanksgiving meal for less than $7 per person. The offer, which comes earlier than last year, and at an even lower price, is available from October 14 through December 25. Walmart said its inflation-free Thanksgiving meal would benefit customers, who want to begin saving earlier and throughout the holiday season.

RTTNews | 4h 15min ago

ECB Cuts Interest Rates By 25 Bps As Lagarde Airs Concern On Eurozone Growth

The European Central Bank cut key interest rates by 25 basis points, as expected on Thursday, as policymakers assessed that the disinflation process is on track, and but they are increasingly concerned over the health of the euro area economy following some soft data released since the September policy session.

RTTNews | 4h 36min ago

U.S. Retail Sales Climb 0.4% In September, Slightly More Than Expected

A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased by slightly more than expected in the month of September. The Commerce Department said retail sales rose by 0.4 percent in September after inching up by 0.1 percent in August. Economists had expected retail sales to rise by 0.3 percent.

RTTNews | 4h 38min ago

U.S. Jobless Claims Unexpectedly Pull Back Off Highest Level In Over A Year

First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous week's revised level of 260,000.

RTTNews | 4h 44min ago

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