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Allan said that following several divestitures, Stanley Black & Decker is a “more focused and streamlined company, with leading franchises that serve the construction, outdoor, and industrial markets.”
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Stanley Black & Decker, hit by soaring commodity and transit costs, said Thursday it’s scaling back its profit outlook for the year.
For bargain hunters, every stock market cloud has a silver lining. After a rough first quarter, dozens of stocks have descended to what I consider attractive levels. I’ve put five of them on my Casualty List, a quarterly roster of stocks that have been beaten up, and that I believe
Stanley Black & Decker CEO and President James Loree is one of the state’s top corporate executives who in recent years has become a leading voice in trying to improve Connecticut’s business environment. Since taking over the New Britain hand- and power-tools maker’s top job in 2016, Loree has inserted himself directly into state government’s affairs. In 2017, he joined the CEO-led Commission on Fiscal Stability and Economic Growth, which proposed major reforms aimed at jump-starting Connecticut’s economy, including an overhaul of the state tax code.
The $3.2 billion sale of most of Stanley Black & Decker’s security business marks...