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Stanley Works Company

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BUSINESS
May 14, 2002 | Bloomberg News
Stanley Works, the largest U.S. hand tools maker, said full-year profit excluding cost savings from a planned reincorporation in Bermuda will rise less than forecast. Stanley expects profit at the upper end of a range of $2.72 to $2.81 a share, less than the $2.91 average estimate of analysts. Shares of Stanley Works fell 85 cents to $42.70 on the NYSE.
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BUSINESS
May 14, 2002 | Bloomberg News
Stanley Works, the largest U.S. hand tools maker, said full-year profit excluding cost savings from a planned reincorporation in Bermuda will rise less than forecast. Stanley expects profit at the upper end of a range of $2.72 to $2.81 a share, less than the $2.91 average estimate of analysts. Shares of Stanley Works fell 85 cents to $42.70 on the NYSE.
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BUSINESS
November 8, 2001 | Bloomberg News
Stanley Works, the largest U.S. hand-tools maker, said it offered to acquire Cooper Industries Inc.'s tool business, which includes Crescent wrenches. Stanley Works wouldn't comment on the terms, a spokesman said. A Cooper spokesman also wouldn't comment. Analysts value Cooper's tool business at $700 million to $800 million. Cooper also makes lighting fixtures. Danaher Corp., the maker of Craftsman tools, is in talks to buy Cooper. Its takeover offer of about $5.
BUSINESS
November 8, 2001 | Bloomberg News
Stanley Works, the largest U.S. hand-tools maker, said it offered to acquire Cooper Industries Inc.'s tool business, which includes Crescent wrenches. Stanley Works wouldn't comment on the terms, a spokesman said. A Cooper spokesman also wouldn't comment. Analysts value Cooper's tool business at $700 million to $800 million. Cooper also makes lighting fixtures. Danaher Corp., the maker of Craftsman tools, is in talks to buy Cooper. Its takeover offer of about $5.
BUSINESS
April 18, 1991 | From Times Staff and Wire Reports
Garage Door Openers Recalled: The recall involves several models of Stanley and Fimbel garage door openers, sold under the brands of EZ Lift and Power Lift between Jan. 14 and April 11. The Stanley Electronics division of the Stanley Works, Novi, Mich., said garage doors may open or close without warning due to a problem with printed circuit boards used in affected door openers.
BUSINESS
April 18, 1991 | From Times Staff and Wire Reports
Garage Door Openers Recalled: The recall involves several models of Stanley and Fimbel garage door openers, sold under the brands of EZ Lift and Power Lift between Jan. 14 and April 11. The Stanley Electronics division of the Stanley Works, Novi, Mich., said garage doors may open or close without warning due to a problem with printed circuit boards used in affected door openers.
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