Stanley Black & Decker Upgraded to Outperform
August 16, 2010 at 12:33 PM EDT
We recently upgraded our recommendation for Stanley Black & Decker (SWK) from Neutral to Outperform. Second Quarter Highlights Earnings per share (EPS) from continuing operations for the manufacturer of tools and engineered security solutions were $1.24 in the second quarter of 2010, up 39.3% compared with 89 cents in the comparable quarter of 2009. EPS surpassed the [...]