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Marathon Pundit (Free subscription) | 12/11/2009
The headline is somewhat ironic, unless these stories, courtesy of the Senate Republican Communications Center, stimulates your anger. This is a good summary of some of the bogus "saved or created" jobs claims made by the Obama administration. 1. ADMINISTRATION OVER-REPORTED CALIFORNIA JOBS “SAVED OR CREATED” BY NEARLY 30,000: “Up To One-Fourth Of The 110,000 Jobs Reported...
Start Thinking Right (Free subscription) | 12/11/2009
Want to see how Obama “created or saved” all the jobs he’s claiming? Here’s how: In June, the federal government spent $1,047 in stimulus money to buy a rider mower from the Toro Company to cut the grass at the Fayetteville National Cemetery in Arkansas. Now, a report on the government’s stimulus Web site improbably claims [...]
Vital Signs Blog (Free subscription) | 10/11/2009
One of the blogs run by the Daily Mail gives a rundown on a few of the newspapers that bothered to do a little fact checking on the White House claims regarding how many jobs were "created or saved" by the stimulus bill. And, lo and behold, it turns out that Team Obama was lying through their collective teeth. That, of course, isn't surprising to conservatives or, for that matter, anyone...
PR News Wire (Free subscription) | 05/11/2009
NEW BRITAIN, Conn., Nov. 5 /PRNewswire-FirstCall/ -- The Stanley Works (NYSE: SWK) today updated its full year 2009 guidance to reflect one time costs associated with its proposed merger with The Black & Decker Corporation (NYSE: BDK), which was announced November 2, 2009.
Hyscience (Free subscription) | 05/11/2009
50 jobs "saved or created" when $1,047 in stimulus money bought a rider lawn mower from the Toro Company to cut the grass at the Fayetteville National Cemetery in Arkansas? Laughable? How about the $5 billion to weatherize homes having yielded only a little over 5,000 jobs so far? Laughable? How about the Kentucky shoe store that reported it had created nine jobs with an $890 order for work...
Radon Mitigation Pittsburgh (Free subscription) | 05/11/2009
( EMAILWIRE.COM , November 04, 2009 ) Del Mar, CA In a new audio interview with SmallCapVoice.com, President and CEO Josef Obermeier talks about the company's new client base focus. Mundus Group, Inc. recently announced it is to be focusing on a new venture designed to increase revenue streams through its subsidiary, AirStar International. Focusing on a new client base of professional and government...
The Reformed Broker (Free subscription) | 04/11/2009
The Deal Professor, having expressed his dismay at the lack of M&A a day too early, weighs in on the similarities between Buffett’s purchase of BNI and the Stanley Works buyout of Black & Decker… From Steven M. Davidoff (NYT): While both deals may or may not be the sign of a new trend, and two deals certainly [...]
Boston Globe (Free subscription) | 04/11/2009
Chief's pay with Stanley to be tied to performance The head of Black & Decker Corp. is giving up $20.5 million in severance he is eligible to receive because of the company's planned merger with The Stanley Works, according to regulatory documents filed Tuesday evening.
Boston Globe (Free subscription) | 04/11/2009
Black & Decker CEO is 66; housing recovery could be slow I t was the first thing analysts asked Black & Decker boss Nolan D. Archibald about the Maryland company's sale to The Stanley Works.
the nutmeg grater (Free subscription) | 03/11/2009
it sure SOUNDS like good news at the outset. it couldn't hurt either the fair citizens of new britain or connecticut. we'll have to watch and make sure there are no (more) job cuts either here OR there Stanley to buy Black & Decker for $4.5 billion in stock Stanley Works agreed to buy Black & Decker Corp. for $4.5 billion in stock, in a deal that will enable the companies — household...
Business Wire (Free subscription) | 03/11/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has placed the ratings of The Stanley Works (SWK) on Rating Watch Negative. Fitch has also placed the ratings of The Black & Decker Corporation (BDK) and Black & Decker Holdings LLC on Rating Watch Positive. The rating actions follow SWK's announcement of a definitive merger agreement with BDK. The all-stock transaction will create a combined company...
Baltimore Sun (Free subscription) | 03/11/2009
Md.-based Black & Decker, Stanley Works join in $4.5 billion deal; Local jobs, prestige to take a hit as state loses Fortune 500 HQ Black & Decker Corp., the Towson-based toolmaker founded here almost 100 years ago, said Monday that it plans to merge with The Stanley Works in a $4.5 billion all-stock deal that will bring together internationally known brands but reduce the number of local jobs....
Baltimore Sun (Free subscription) | 03/11/2009
Companies join in $4.5 billion deal; local jobs, prestige to take a hit as state loses Fortune 500 HQ Black & Decker Corp., the Towson-based toolmaker founded here almost 100 years ago, said Monday that it plans to merge with The Stanley Works in a $4.5 billion all-stock deal that will bring together internationally known brands but reduce the number of local jobs.
Baltimore Sun (Free subscription) | 02/11/2009
Towson-based tool maker Black & Decker Corp., one of only three Fortune 500 companies in the Baltimore area, is merging with The Stanley Works in a $4.5 billion all-stock deal, the companies announced Monday.
Baltimore Sun (Free subscription) | 02/11/2009
Merger with The Stanley Works will create Stanley Black & Decker, an $8.4 billion company headquartered in New Britain, Conn.
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