Get Stock Quote Here Stanley Black & Decker, Inc. (SWK), formerly known as The Stanley Works, is a Fortune 500 American manufacturer of industrial tools and household hardware and provider of security products and locks headquartered in New Britain, Connecticut. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010.
Watchlist. Retail is weak, selling off, mounting consumer debt and slow wage growth. SWK is nearing a double top. Could be a short opp. if it can't get through. They did guide higher EPS for 2016 in late April.
Good find, will be interesting to see if it forms a double top and drops down or if it breaks through.
Could be a fakeout. With retail doing poorly...I think its swimming against the current and will get tired and swept away. BICBW!
Reported before open today (7/22/16) Earnings: EPS $1.84 Revenue $2.9B Estimates: EPS $1.72 Revenue $2.91B Up 5.04% today so far
Upcoming dividend information: Ex-Div-Date: 11/30/16 Payment Date: 12/20/16 Dividend: $0.58 Current Price: $121.56 Annual Yield: 1.91%
Stanley Black & Decker (NYSE:SWK) has agreed to sell the majority of its door-locks business to Switzerland's Dormakaba for $725M in cash, as it seeks to raise money for potential upcoming transactions.
