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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.
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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...
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Před 265 dny
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.
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Před 826 dny
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.
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Před 836 dny
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.
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Před 1045 dny
FTSE 100 Modestly Higher Ahead Of BoE Policy Announcement
U.K. stocks are modestly higher on Thursday as investors await the Bank of England's monetary policy announcement later in the day. Optimism about U.S. agreeing on a trade deal with a major country is also aiding sentiment.
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Před 54 minutami
CAC 40 Up More Than 1%
After three successive days of losses, the French market is gaining some notable ground in positive territory on Thursday thanks to rising optimism about a trade deal.
Investors, digesting recent corporate earnings updates, and the Federal Reserve's policy announcement, are also awaiting the monetary policy announcements from the Bank of England.
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Před 1 h 16 min
Sensex, Nifty Decline As Tensions Rise With Pakistan
Indian shares closed Thursday's session lower as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.
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Před 1 h 27 min
DAX Rises Nearly 300 Points On Results, Trade Deal Hopes
German stocks are up sharply on Thursday thanks to some upbeat earnings announcements and easing concerns about tariff tensions. Investors are also looking ahead to the monetary policy announcements from the Federal Reserve and the Bank of England.
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Před 1 h 34 min
