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Stanley Black & Decker Inc (SWK.N)

SWK.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Stanley Black & Decker Q1 GAAP earnings per share $2.59
Friday, 21 Apr 2017 06:00am EDT 

April 21 (Reuters) - Stanley Black & Decker Inc :Stanley Black & Decker reports 1Q 2017 results.Q1 revenue $2.8 billion versus I/B/E/S view $2.73 billion.Q1 earnings per share $1.29 excluding items.Q1 GAAP earnings per share $2.59.Reaffirms FY 2017 GAAP earnings per share view $7.95 to $8.15.Q1 earnings per share view $1.18 -- Thomson Reuters I/B/E/S.Stanley Black & Decker Inc - raising 2017 adjusted EPS guidance range to $7.08 to $7.28.Stanley Black & Decker Inc - sees slightly higher overall company organic growth for year.Now working intensely to invest in product, brand and commercialization for craftsman brand.Stanley Black & Decker Inc - total M&A related charges in 1Q'17 were $58.0 million, related to restructuring, deal and integration costs.FY2017 earnings per share view $7.09 -- Thomson Reuters I/B/E/S.Stanley Black & Decker Inc - pre-tax gain on divestitures, relating primarily to sale of majority of co's mechanical security businesses was $269.2 million in Q1.  Full Article

UK's CMA says not to probe Stanley Black-Newell deal further
Tuesday, 11 Apr 2017 09:11am EDT 

UK's Competition and Markets Authority(CMA):Not to refer Stanley Black & Decker's acquistion of Newell Brands' power tool accessories, hand tools, storage business to phase 2 investigation.  Full Article

Stanley Black & Decker sees 2017 adjusted EPS of $6.74 - $6.94
Thursday, 9 Mar 2017 06:00am EST 

Stanley Black & Decker Inc :Stanley Black & Decker - sees 2017 earnings per share about $7.94 - $8.14, sees 2017 adjusted earnings per share (excluding charges, gain from mechanical security sale) $6.74 - $6.94.  Full Article

Stanley Black & Decker CEO Loree's 2016 total compensation $12.6 mln
Wednesday, 8 Mar 2017 08:49am EST 

Stanley Black & Decker Inc : CEO James Loree's FY 2016 total compensation $12.6 million versus $6.6 million in fy 2015 - sec filing .Former CEO John Lundgren's FY 2016 total compensation $13.8 million versus $18.0 million in FY 2015.  Full Article

Stanley Black & Decker expects earnings per share EPS dilution of about $0.19 in 2017
Thursday, 23 Feb 2017 04:13am EST 

Stanley Black & Decker Inc : Says expects earnings per share ("eps") dilution of approximately $0.19 in 2017 . Says expects net earnings accretion, excluding charges, of approximately $0.05 per share this year . Says expects to record an estimated after-tax book gain of $200 - $215 million in 2017 relating to transaction .Fy2017 earnings per share view $6.95, revenue view $11.71 billion -- Thomson Reuters I/B/E/S.  Full Article

Stanley Black & Decker reports Q3 earnings $1.68 per share
Thursday, 27 Oct 2016 06:00am EDT 

Stanley Black & Decker Inc : Stanley Black & Decker reports Q3 2016 results . Q3 earnings per share $1.68 . Q3 revenue $2.9 billion versus I/B/E/S view $2.89 billion . Q3 earnings per share view $1.62 -- Thomson Reuters I/B/E/S . Stanley Black & Decker Inc - Raising mid-point of and tightening 2016 full year diluted EPS guidance range to $6.40 - $6.50 . Reaffirms FY 2016 earnings per share view $6.40 to $6.50 .FY 2016 earnings per share view $6.48 -- Thomson Reuters I/B/E/S.  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 12:02pm EDT 

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 06:30am EDT 

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 06:30am EDT 

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 06:00am EDT 

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

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