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Black & Decker (BDK)

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Black & Decker Corporation News Release

A Collection of Black & Decker Corporation News Release

Black & Decker Issues Further Statement in Connection with the Special Meetings of Stockholders to Consider the Stanley Transaction
Wednesday March 10th 2010 01:30:00 AM

TOWSON, Md., March 10, 2010 /PRNewswire via COMTEX/ -- On March 9, 2010, The Black & Decker Corporation (NYSE: BDK) issued a press release in which it stated, in part, that "Personal business relationships between individuals (as opposed to relationships with the company) generally are not relevant to the independence tests under the New York Stock Exchange rules because they do not create a material relationship between a director and the company." In discussions between representatives of the New York Stock Exchange ("NYSE") and Black & Decker after the issuance of the press release, representatives of the NYSE advised Black & Decker that, in interpreting its rules, the NYSE be...

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Black & Decker Provides Additional Information in Connection With the Special Meetings of Stockholders to Consider the Stanley Transaction
Tuesday March 9th 2010 02:23:00 AM

TOWSON, Md., March 9, 2010 /PRNewswire via COMTEX/ -- The special meetings of stockholders of The Black & Decker Corporation (NYSE: BDK) and The Stanley Works to consider and vote on the proposed business combination transaction involving Stanley and Black & Decker each is scheduled for 9:00 am, Eastern time, on Friday, March 12, 2010. The notices of meetings and joint proxy statement of Black & Decker and Stanley previously were mailed to stockholders of record on January 11, 2010, the record date for the special meetings. Black & Decker is providing the information in this press release in connection with the special meetings in response to inquiries concerning a private ...

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Black & Decker Declares Regular Quarterly Cash Dividend
Friday February 12th 2010 09:07:00 AM

TOWSON, Md., Feb 12, 2010 /PRNewswire via COMTEX/ -- The Black & Decker Corporation (NYSE: BDK) announced today that its Board of Directors declared a quarterly cash dividend of $.12 per share of the Corporation's outstanding common stock payable March 23, 2010, to stockholders of record at the close of business on March 3, 2010. Black & Decker is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. SOURCE The Black & Decker Corporation

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Black & Decker Announces Fourth-Quarter and Full-Year 2009 Results
Wednesday February 3rd 2010 07:22:00 AM

TOWSON, Md., Feb 03, 2010 /PRNewswire via COMTEX/ -- The Black & Decker Corporation (NYSE: BDK) today announced fourth-quarter and full-year 2009 results. Highlights include: Fourth-quarter net earnings per diluted share of $.55, or $1.24 excluding expenses related to the proposed merger with The Stanley Works, significantly above the Corporation's guidance. Full-year net cash generation of $584 million, versus $390 million in 2008. Net debt of $632 million at year-end, nearly a 50% reduction from the prior year. Over $1 billion of cash at year-end. Net earnings for the fourth quarter of 2009 were $33.9 million or $.55 per diluted share, versus $43.7 millio...

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Stanley and Black & Decker Set March 12 for Shareholders Meetings on Combination
Tuesday February 2nd 2010 07:52:00 AM

NEW BRITAIN, Conn. & TOWSON, Md.--(BUSINESS WIRE)--The Stanley Works (NYSE: SWK) and The Black & Decker Corporation (NYSE: BDK) today announced that both companies will hold special shareholders meetings on March 12, 2010 to vote on the combination of their businesses to form a global diversified industrial leader. The joint proxy statement of both Stanley and Black & Decker is expected to be mailed to Stanley and Black & Decker shareholders commencing on or about February 4, 2010. Stanley shareholders who owned Stanley common stock at the close of business on January 11, 2010, can vote at and attend the Stanley special meeting at Stanley’s headquarters in New Britain, CT at 9:00 a.m. EST o...

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Black & Decker Announces Conference Call to Discuss Fourth-Quarter and Full-Year 2009 Results
Wednesday January 13th 2010 08:45:29 AM

TOWSON, Md., Jan 13, 2010 /PRNewswire via COMTEX/ -- The Black & Decker Corporation (NYSE: BDK) announced today that it will hold a conference call on Wednesday, February 3, 2010, following the release of its fourth-quarter 2009 results. The call is scheduled to begin at 10:00 a.m., E.T. The conference call will be webcast "live" over the Internet. Investors can listen to the call by visiting http://www.bdk.com and clicking on the icon labeled "Live Webcast." It is recommended that listeners log-in at least ten minutes prior to the beginning of the call to ensure timely access. A webcast replay of the conference call will be available at http://www.bdk.com. Black & Decker is...

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Practical Trumps Luxury on Lists This Holiday Season
Monday November 16th 2009 09:08:00 AM

Survey reveals nearly 70 percent of people seek necessities over luxurious gifts this year TOWSON, Md., Nov. 16 /PRNewswire/ -- Practical items, such as cookbooks, exercise equipment and power tools are what consumers are after this holiday season, according to a recent survey by Black & Decker (NYSE: BDK) and Zogby International*. In fact, nearly 70 percent of consumers plan to ask their friends, family and loved ones for necessities over luxuries this holiday season. People want gifts that will reflect their personalities, and can be opened on the holidays - versus gift cards or cash. Additionally, one in six (17 percent) would like to get an even split of practical and luxurious gifts. ...

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The Stanley Works and Black & Decker to Combine to Create an $8.4 Billion Global Diversified Industrial Leader
Monday November 2nd 2009 04:11:00 PM

NEW BRITAIN, Conn. & TOWSON, Md.--(BUSINESS WIRE)--Nov. 2, 2009-- The Stanley Works (NYSE:SWK) and The Black & Decker Corporation (NYSE:BDK): Unites Two Highly Complementary Companies With Iconic Brands; EPS Accretion Of Approximately $1.00 Per Share Projected By Year Three; $350 Million In Cost Synergies Expected; Black & Decker Shareholders To Receive Fixed Ratio Of 1.275 Shares Of Stanley Common Stock For Each Share Of Black & Decker Common Stock The Stanley Works (NYSE:SWK), a worldwide supplier of quality tools and engineer...

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Black & Decker Announces Third-Quarter 2009 Results
Thursday October 22nd 2009 07:25:00 AM

TOWSON, Md., Oct. 22 /PRNewswire-FirstCall/ -- The Black & Decker Corporation (NYSE: BDK) today announced that net earnings for the third quarter of 2009 were $55.4 million or $.91 per diluted share. Net earnings for the third quarter of 2008 were $1.41 per diluted share, or $1.61 excluding a restructuring charge. Sales decreased 23% for the quarter to $1.2 billion, including a negative 3% impact from foreign currency translation. Net cash generation was $256 million for the third quarter and $368 million year-to-date. Nolan D. Archibald, Chairman and Chief Executive Officer, commented, "Black & Decker reported modestly better sales than our initial guidance, ...

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Black & Decker Declares Regular Quarterly Cash Dividend
Thursday October 15th 2009 05:11:00 PM

TOWSON, Md., Oct. 15 /PRNewswire-FirstCall/ -- The Black & Decker Corporation (NYSE: BDK) announced today that its Board of Directors declared a quarterly cash dividend of $.12 per share of the Corporation's outstanding common stock payable December 30, 2009, to stockholders of record at the close of business on December 16, 2009. Black & Decker is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. SOURCE The Black & Decker Corporation Mark M. Rothleitner, Vice President, Investor Relations and Treasurer, or Roger A. Young, Vice President, Investor and Media Relations, both...

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