|Bid||102.40 x 1000|
|Ask||103.15 x 800|
|Day's Range||101.97 - 103.16|
|52 Week Range||85.92 - 115.64|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||15.72|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
An examiner will be appointed in the bankruptcy of IPS Worldwide LLC, a freight-payments services provider that a government watchdog says has been unable to account for tens of millions of dollars. Judge Karen Jennemann of the U.S. Bankruptcy Court in Orlando, Fla., gave a preliminary nod Monday to the request by a U.S. Justice Department official to hire an examiner to investigate the Ormond Beach, Fla.-based company over the whereabouts of more than $100 million. In making the case for an examiner, U.S. Trustee Daniel McDermott said that “serious allegations have been raised by numerous creditors” in the bankruptcy and added that an examiner would help provide clarity.
Inc., owed an estimated $41 million by bankrupt freight-payment services provider IPS Worldwide LLC, says the company “misappropriated” its cash, according to recent court filing. Scott Spradley, a Flagler Beach, Fla., lawyer representing IPS, declined to comment on Stanley’s allegations. IPS, which filed for chapter 11 bankruptcy last week, has been Stanley’s main freight-payment processor since 2011.
IPS Worldwide LLC, which provides freight payment and contract management services to companies that include Stanley Black & Decker Inc., sought bankruptcy protection to keep creditors who are increasingly ...
Though the toolmaker looks like a good value, now might not be the best time to open a long-term position in its stock.
Strategy changes could boost Stanley Black & Decker Inc.'s (SWK) financial prospects. The company is seeking to reposition its brands as it aims to increase market share. Synergies from past acquisitions are expected to improve its revenue growth outlook.
Shares of Stanley Black & Decker SWK were recovering slightly Wednesday after they fell off a cliff Tuesday following a weak fourth-quarter earnings report that cast a grim shadow over the company's 2019 outlook. Tuesday's move canceled out most of the stock's 20 percent bounce off its December lows, and options traders are betting that SWK's bearish outlook means much more pain is on the horizon for the industrial products company before things start to get any better.
Stanley Black & Decker, Inc. (NYSE: SWK ) reported Tuesday with fourth-quarter results that have broader implications for the state of the U.S. economy, according to Raymond James. The Analyst Analyst ...
Trade, shutdowns, and weak economic data are weighing on industrial shares. Here’s how should investors position themselves for coming earnings.
Worries about an economic slowdown sent stocks south. Plus, 2019 guidance from Johnson & Johnson and Stanley Black & Decker raised some concerns.
Stocks that moved substantially or traded heavily Tuesday: Arconic Inc., down $3.25 to $17.09 The aluminum products company said it's no longer considering selling itself. eBay Inc., up $1.90 to $32.90 ...
The Dow rose 3% last week, the S&P 500 gained 2.9% and the Nasdaq jumped 2.7%. posted stronger-than-expected fourth-quarter earnings and forecast a modest increase in full-year sales for 2019. Shares fell 3% after the company said completion and production sales slowed from the previous three months.
On a GAAP basis, Stanley Black & Decker posted a loss of 45 cents a share vs. profit a year earlier of $1.84. Jim Cramer said Stanley Black & Decker is one of the week's most important earnings reports. Cramer said Stanley Black & Decker's earnings report might settle the issue of how the U.S. housing spend is fairing.
You can only go so far on the idea that the economy is slowing so you don't have to worry about the Fed. The first sign that we were going to get hammered came from oil which, at one point was down almost $2. Because there are a ton of computer programs used by hedge funds that are set to sell the S&P when oil goes down.
Here are some of the companies with shares expected to trade actively in Tuesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Inc. (SWK) said Friday it expects a similar operating environment and above-market organic growth in 2019. The company said it expects full-year earnings of $7.45 to $7.65 a share on a reported basis and $8.45 to $8.65 a share on an adjusted basis. It also expects organic growth of about 4% and adjusted earnings growth of 4% to 6% compared to the year prior.
On a per-share basis, the New Britain, Connecticut-based company said it had a loss of 45 cents. Earnings, adjusted for costs related to mergers and acquisitions, were $2.11 per share. The results met ...
Numbers from Halliburton, IBM, Johnson & Johnson, Stanley Black & Decker and Travelers could tell us where stocks go from here.
Stanley Black & Decker's share price might have dropped 29% in 2018, but wait at least until the end of January to buy the stock.