Friday May 9 | Baltimore Business Journal
Rival TTI emerging as growing threat to Black & Decker
Baltimore Business Journal - by Rachel Sams Staff An economic downturn might not seem the most opportune time for a battle for the hearts and drills of power tool users -- but that's exactly what will take ... via Baltimore Business Journal
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Black and Decker Forum & PollsSunday May 4 | Baltimore Business Journal
DeWalt launching recall of table saws
The U.S. Consumer Product Safety Commission said industrial toolmaker DeWalt is voluntarily recalling about 13,000 table saws because of a potential laceration hazard. via Baltimore Business Journal
Friday May 2 | Philly.com
Stock futures little changed ahead of jobs report
Stock futures were little changed Friday ahead of a government report that is forecast to show the nation's payrolls shrank again in April. via Philly.com
Thursday May 1 | Forbes
“It's like a fourth-grade soccer league where everyone gets a trophy. You can't call it pay-for-performance”
Neil Weinberg, Michael Maiello and David K. Randall 05.19.08, 12:00 AM ET What does it cost to attract first-class talent to a chief executive job? A lot. via Forbes
Tuesday Apr 29 | New York Times
Housing Slump Cuts Black & Decker's Profit
The tool maker Black & Decker Corporation reported sharply lower first-quarter profit and cut its full-year forecast as a housing slump and credit crunch slowed home improvement activity. via New York Times
Sunday Apr 27 | Daily Record
New SEC rules make it harder to figure out what CEOs take home
“Those are the accounting expenses of the previous years”
The Securities and Exchange Commission's stricter disclosure regulations issued in 2006 haven't made it easier to figure out how much CEOs bring home. via Daily Record
Friday Apr 25 | Baltimore Sun | Posted by Baltimore Sun
Toolmaker sets layoffs“Their costs continue to go up and they haven't really been able to pass that on”
Black & Decker Corp. said yesterday that it will lay off 700 employees and close a U.S. plant and office after its first-quarter earnings were hammered by the prolonged housing slump and subprime mortgage crisis. The Towson-based manufacturer of power tools and hardware said earnings plummeted 38 percent and that it only expected conditions to worsen, prompting it to lower its forecast for the year. Until now, the company has managed to largely ride out the housing downturn by offsetting lower U.S. sales with double-digit growth in Asia, Europe and Latin America. It has also been helped by effects of positive exchange rates. But those factors weren't enough to help earnings for the three months that ended March 31. Read more
Thursday Apr 24 | MarketWatch
Black & Decker, Stanley Works trade lower in wake of results
Disappointing financial results reported by Black & Decker Corp. and Stanley Works resulted in losses in the toolmakers' shares Thursday, with the first dimming its full-year outlook and the latter hurt by ... via MarketWatch
Monday Apr 21 | Baltimore Business Journal
Baltimore's Constellation Energy Group
Baltimore Business Journal - by Ryan Sharrow Staff Six Maryland companies cracked Fortune magazine's latest ranking of America's 500 largest corporations. via Baltimore Business Journal
Saturday Apr 19 | International Business Times
Opening Glance: Shares of household-durables makers rise
Shares of companies that make household durable goods jumped Friday morning with the broader markets as investors cheered quarterly results from Citigroup and Google. via International Business Times
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