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0.000530785562632779 0.000265392781316484 -0.000132696390658053 0.000265392781316484 0.00291932059447982 -0.00159235668789796 -0.00159235668789796 -0.00159235668789796
Stock impact report

Why Stanley Black & Decker Stock Jumped Today [Yahoo! Finance]

Stanley Black & Decker, Inc. (SWK) 
Last stanley black & decker, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stanleyblackanddecker.com
Company Research Source: Yahoo! Finance
Stanley plans to significantly reduce its debt and remains committed to dividend growth. 10 stocks we like better than Stanley Black & Decker › Shares of Stanley Black & Decker (NYSE: SWK) jumped 6.8% on Monday morning after the owner of iconic tools and outdoor equipment brands announced a big asset sale in a move to fortify its balance sheet. Stanley Black & Decker is in the midst of a multi-year restructuring, targeting $2 billion in pre-tax cost savings by the end of 2025 through divestitures of non-core assets, simplification of its supply chain, and a focus on core businesses. In line with its mission, the company struck a major deal on Dec. 22 to sell its consolidated aerospace manufacturing business to Howmet Aerospace (NYSE: HWM) for $1.8 billion in cash. The unit, which is expected to generate $405 million to $415 million in fiscal year 2025, manufactures critical components for the aerospace and defense industries, including fasteners, fittings, and other engineere Show less Read more
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