Stanley Black & Decker

Investor's Business Daily

Stanley Black & Decker (SWK) Q2 EPS rose 18% to $1.43, beating by 7 cents. The tool maker raised its full-year EPS target to $5.50-$5.60 from $5.35-$5.50. Wall Street had expected $5.43. Q2 sales inched up 0.9% to $2.88 bil, missing estimates for $2.94 bil. Shares rose 6.8% to 90.77.

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