Stanley Black & Decker had a loss of $108.6 million, or $1.09 a share, for the first quarter because of merger costs to combine the two companies. Without the $213 million in one-time charges related to the merger, the company earned $70.1 million, or 70 cents a share, compared with $37.7 million, or 47 cents a share in first quarter 2009. Stanley saw a 38% increase in sales, to $1.26 billion.

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