Tuesday Nov 24 | Workforce
Black & Decker Reinstating 401(k) Match
Black & Decker's employees are getting a little something for the holidays: The company is reinstating its 401 plan match effective December 1. The tool and accessories, hardware and home improvement products manufacturer will return the match to its prior level, which was 50 percent on the first 6 percent contributed, according to a Securities and ...
New Britain: Community Mental Health Affiliates Holds Annual Meeting
Submitted by Amy Ogle, Community Mental Health Affiliates, on 2009-11-19.   Amy Ogle From left: CMHA President & CEO Raymond Gorman, CMHA Board of Directors member Joseph Puzzo, president & CEO of The Hospital of Central Connecticut/Central Connecticut Health Alliance Laurence Tanner, and CMHA Chairman of the Board John Matulis at CMHA's annual ...
New Britain: Special Olympics International Delegates Arrive At Bradley
Biz Buzz Submitted by Laura Stone, Ryan Marketing Partners, on 2009-11-17.   Jason Polanski Front row: West Haven Cheerleaders and the UCONN Husky Mascot.
Swedbank Establishes Institutes of Private Finances in Estonia, Latvia and Lithuania
Regulatory News: The Institute of Private Finances at Swedbank is extending its activity to comprise Estonia, Latvia and Lithuania.
Workshop On Survival Strategies For Non-Profits Offered
A workshop for leaders of nonprofit agencies on surviving a poor economy is scheduled Wednesday from 9 a.m. to noon at the Stanley Center for Learning and Innovation, 1000 Stanley Drive.
Cutting the Cords on Golden Parachutes
Following his company's recently announced merger with Stanley Works , departing Black & Decker CEO Nolan Archibald was entitled to a $20.5 million golden parachute on his way out the door.
In 2002, United Technologies Corp. 's security business didn't exist, and so the conglomerate's new deal with General Electric would have come as a shock at the time.
Stanley Works Hazla en Grande Spanish Programs
Stanley Works announced today its launch of a nationwide Hispanic outreach program called "Hazla en Grande" -- which translates to "Make It Big" in English -- during its media debut at the 2009 STAFDA convention.
GE, Stanley: Different results in security M&A
With General Electric Co. nearing a sale of its GE Security Inc. unit to United Technologies Corp.
Report: Stanley-B&D merger has $125M breakup fee
It will cost Black & Decker Corp . or New Britain-based Stanley Works $125 million if either of the tool giants has a change of heart and decides to walk away from their recently announced $4.5 billion merger, according to the Baltimore Business Journal.
Md. needs more George McGowans
The week that Black and Decker announced its plans to merge with The Stanley Works and move its headquarters -- one of only three Fortune 500 company headquarters still left in Baltimore metropolitan area -- is the same week that one of Baltimore's most ardent fans and successful businessmen died.
Black & Decker to merge with Stanley
As the merging process begins for Black and Decker and Stanley, there is some skepticism about the effects the merge may have, especially in Towson.
At long last, after several previous attempts, it's official: Stanley Works will buy Black & Decker .
Emhart Name Making A Comeback In CT With Merger
From its pre- World War I origins in Hartford, Emhart Corp. grew into an international hardware enterprise with 32,000 employees.
Taxpayers could lose billions in auto bailouts
WASHINGTON - Taxpayers are unlikely to recover their full investment in General Motors or Chrysler, government investigators said yesterday in the latest review to cast doubts that the government will recoup the $80 billion it poured into the two automakers.
Stocks in the Spotlight Tuesday
Shares of the toolmaker soared 31% after Stanley Works announced it would buy Black & Decker in an all-stock transaction worth about $4.5 billion.
Report from Europe: Buffett Gets His Check Book Out
Given the slew of positive economic data Monday, you might have been forgiven for expecting a decent rebound in risk assets.
Stanley Works Merger Is New Britain's Gain
For once, a state to the south is losing jobs to Connecticut rather than luring them away.
Stocks finished mixed Tuesday amid some large merger deals. Traders were bracing for tomorrow's Federal Reserve decision on interest rates and whether to change its policy language.
WallstreetStockReview.com Reports on Interview with MNDP Ceo and President
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.
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