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Stock Market & Financial Investment News

News Breaks
February 26, 2013
07:06 EDTSWK, SWKStanley Black & Decker initiated with a Buy at CLSA
Target $94.
News For SWK From The Last 14 Days
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April 24, 2015
08:11 EDTSWKStanley Black & Decker price target raised to $120 from $108 at Wunderlich
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April 23, 2015
06:15 EDTSWKStanley Black & Decker backs FY15 EPS view of $5.65-$5.85, consensus $5.73
Donald Allan Jr., senior vice president and CFO, commented, "We are maintaining our FY15 EPS outlook of $5.65-$5.85 on a GAAP basis, including $50M or 25c EPS, in restructuring charges, and our free cash flow outlook of at least $1B. Our current 2015 EPS outlook reflects the strong Q1 performance and improved organic growth outlook, which combined with an acceleration of planned share repurchases, are expected to offset the impact of the significant weakening of various foreign currencies versus the U.S. dollar. Specific to shares, since the beginning of the 4Q14 we have reduced our share count by the equivalent of approximately $900M of shares utilizing $326M of cash as well as equity derivatives, putting us well on our way to completing our share repurchase plan announced in late 2013. We are clearly encouraged by our Q1 performance despite difficult currency conditions and remain confident that 2015 will be another step forward in achieving our long-term financial objectives."
06:13 EDTSWKStanley Black & Decker reports Q1 EPS $1.07, consensus 95c
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April 22, 2015
15:50 EDTSWKNotable companies reporting before tomorrow's open
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