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 dias atrás

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 dias atrás

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 dias atrás

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 dias atrás

Euro Drops As ECB Lowers Key Rates Again

The euro fell against its major counterparts in the European session on Thursday, as the European Central Bank cut key interest rates by 25 basis points amid progress in disinflation and weak economic data released since the September policy session.

RTTNews | 4 h 11 min atrás

U.S. Business Inventories Increase In Line With Estimates In August

A report released by the Commerce Department on Thursday showed business inventories in the U.S. increased in line with economist estimates in the month of August. The Commerce Department said business inventories rose by 0.3 percent in August, matching a downwardly revised increase in July.

RTTNews | 5 h 54 min atrás

U.S. Homebuilder Confidence Improves For Second Straight Month In October

With inflation gradually easing and homebuilders anticipating mortgage rates will moderate in coming months, the National Association of Home Builders released a report on Thursday showing homebuilder confidence in the U.S. improved by slightly more than expected in the month of October.

RTTNews | 6 h 10 min atrás

U.S. Industrial Production Dips In September Amid Boeing Strike, Hurricanes

A report released by the Federal Reserve on Thursday showed industrial production in the U.S. fell by slightly more than expected in the month of September. The Fed said industrial production decreased by 0.3 percent in September after rising by a downwardly revised 0.3 percent in August. Economists had expected industrial production to dip by 0.2 percent.

RTTNews | 6 h 13 min atrás

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