|Bid||35.21 x 900|
|Ask||72.22 x 1000|
|Day's Range||71.74 - 72.23|
|52 Week Range||62.13 - 73.71|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.51|
|Expense Ratio (net)||0.60%|
Stanley Black & Decker: What to Expect from Its Q4 Earnings(Continued from Prior Part)Stanley Black & Decker’s revenue estimatesStanley Black & Decker (SWK) is expected to report revenues of $3.62 billion in the fourth quarter, which
On September 12, Stanley Black & Decker (SWK) announced that it entered into a definitive agreement with MTD Products to acquire its 20% stake. Stanley Black & Decker said that it would pay $234 million in cash to acquire the 20% stake. The company also has the option to acquire MTD Products’ remaining 80% stake after July 1, 2021. The stake would likely enhance Stanley Black & Decker’s existing commercial relationship with MTD Products. The companies manufacture select outdoor products under the “Craftsman” brand.
On August 7, Stanley Black & Decker (SWK) announced that it signed a definitive agreement to acquire International Equipment Solutions Attachments Group. The deal is valued at ~$690 million in cash. Stanley Black & Decker is expected to fund the acquisition through cash in hand and proceeds from borrowings. However, the company didn’t state when the acquisition will be complete.
A slew of upbeat economic data, especially job and manufacturing, has spread optimism and reignited appeal for momentum ETFs & stocks.
Energy stocks are tracking oil prices higher and that's good news for a slew of exchange-traded funds. On Monday, 24 ETFs hit 52-week highs, 14 of which were oil funds or equity-based energy sector funds. PXI, which is about 11 and a half years old, tracks the Dorsey Wright Energy Technical Leaders Index.