Content about Stanley Black & Decker

April 25, 2013
Stanley reports Q1 sales gain

New Britain, Conn.-based Stanley Black & Decker saw revenues grow, largely as the result of acquisitions.

February 14, 2013
Valentine’s Day special: CEO married to CEO

Stanley Works CEO John Lundgren and his wife Tamara Lundgren, CEO of Schnitzer Steel, appeared together on a CNBC video interview.

January 21, 2013
At Stanley, the CEO is elected as chairman

The board of directors of Stanley Black & Decker has announced that CEO John Lundgren has been elected to serve in the additional capacity as chairman of the board, effective March 13, following the expiration of Nolan Archibald’s term as executive chairman of the board.

October 23, 2012
Stanley Black & Decker names new corporate executive officer

The board of directors of Stanley Black & Decker has announced that Rhonda Gass, chief information officer, has been named an executive officer of the corporation.

Gass joined Stanley Black & Decker as CIO in September. She most recently served as VP IT strategy, technology and governance for Dell Corp.

October 17, 2012
Stanley Black & Decker posts weak profits

Tool and hardware maker Stanley Black & Decker posted net sales of $2.8 billion for its third fiscal quarter, up 6% over the same quarter last year. Both price and volume were relatively flat, the company said, while currency (-3%) partially offset the contribution from acquisitions (+9%).

Net earnings for the third quarter, which ended Sept. 29, fell 25%. Acquisition charges and shrinking margins on slow sales were to blame, according to the manufacturer.

October 9, 2012
Sold: Stanley's HHI Group to Spectrum Brands

Stanley Black & Decker agreed to sell its Hardware & Home Improvement Group (HHI) to Sectrum Brands Holdings for $1.4 billion in cash.

Part of Stanley's Security segment, the HHI division makes residential locksets, builders hardware and plumbing fixtures under the brands of Kwikset, Weiser, Baldwin, Stanley, National and Pfister. HHI had 2011 revenues of $940 million. 

October 5, 2011
Economy won't stop innovation, says Stanley exec

New York City -- Kyle Dancho, Stanley Black & Decker's president of Hand Tools and Fastening, described product successes and economic challenges during a media briefing here at the Westin Hotel in Manhattan.

Despite the economic doldrums that has decimated the ranks of construction workers -- a key target for the company's products -- Dancho said Stanley is growing. Innovation drives success in hand tools, particularly, he added. 

December 9, 2010
Stanley Black & Decker to present at BoA conference

New Britain, Conn.-based Stanley Black & Decker President and CEO John Lundgren will present at the Bank Of America Merrill Lynch Global Industrials Conference on Wednesday, Dec. 15th, 2010 at 1:25 pm eastern standard time.

The webcast will be available on the company’s website.  

 

October 31, 2010
Sales up 153% at Stanley Black & Decker

New Britain, Conn.-based tool giant Stanley Black & Decker says its corporate integration is moving...

October 19, 2010
Sales up 153% at Stanley Black & Decker

The New Britain, Conn.-based tool giant says its corporate integration is moving ahead faster than...

June 22, 2010
Stanley shows off its tool chest

New York City -- Product managers at Stanley Black & Decker played an elaborate game of show and tell Thursday in a Manhattan conference room.

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