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June 13, 2014
06:02 EDTSWKStanley Security transfers Sonitrol product development to 3xLOGIC
Stanley Security, a division of Stanley Black & Decker, and 3xLOGIC announced a definitive agreement where 3xLOGIC will assume ownership of research and development, technical support and certain marketing activities for products developed under the Sonitrol brand. The focus of the transaction will be to bring the combined strengths of 3xLOGIC and StanleySecurity to the development and delivery of innovative Sonitrol-branded products. In addition 3xLOGIC will take ownership of the operations at the Orlando, Florida, Sonitrol facility. The agreements forming the relationship went into effect as of June 1.
News For SWK From The Last 14 Days
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October 22, 2014
06:08 EDTSWKStanley Black & Decker remains 'committed' to returning $1B of capital in 2015
The Company remains committed to its capital allocation plan of modest debt deleveraging in 2014, returning up to $1B of capital to shareholders through 2015, and supporting a strong and growing dividend. These actions combined with near-term operational improvements are expected to improve cash flow return on investment by approximately 250 basis points through 2015.
06:07 EDTSWKStanley Black & Decker: Known 2015 headwinds of $50M-$75M to operating margin
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06:05 EDTSWKStanley Black & Decker backs FY14 adjusted EPS $5.52-$5.58, consensus $5.53
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06:04 EDTSWKStanley Black & Decker reports Q3 EPS excl charges $1.55, consensus $1.44
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October 21, 2014
15:35 EDTSWKNotable companies reporting before tomorrow's open
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