Stanley Black & Decker shares fall 0.8% in pre-conference trading, as the utility company reported earnings for the first quarter that exceeded estimates but revenues were lower, while it also downgraded estimates for the full year . Net income fell to $ 175.3 million, or $ 1.06 a share, from $ 487.4 million, or $ […]
Tag: Stanley Black & Decker
Securitas: Acquires Stanley Black & Decker’s business for $ 3.2 billion
Sweden’s Securitas has announced it has acquired a $ 3.2 billion acquisition of e-security solutions from rival Stanley Black & Decker for the largest acquisition to date. Securitas, the world’s largest security company, has been pushing for years to increase its market share in e-security sales and reduce its exposure to staff custody. “Together with […]
Black & Decker: Revisions down published earnings per share and estimates
Stanley Black & Decker announced that it is adjusting its quarterly results and estimates for the year, after receiving a letter from the Hellenic Capital Market Commission regarding its accounting. The change will change earnings per share for the third quarter to $ 2.51 from the $ 2.56 announced. If the deductions and charges of […]