Column: Stanley Black & Decker should see advantages moving forward

06/24/2010 | Wall Street Journal, The

Shares for Stanley Black & Decker have fallen 21% since April as the result of shaky economy in Europe and a sagging U.S. housing market, writes John Jannarone. Nonetheless, the firm expects to see $350 million in annual cost savings from the recent merger, which could mean higher earnings even if revenue falls short of expectations. Stanley Black & Decker is also looking for continued expansion in Latin America, where the combined company has about $400 million in annual sales.

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