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Trade Alert for Black & Decker Corp.

Publication: M2 Presswire
Publication Date: 31-JAN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 January 2007-bellwetherreport.com: Trade Alert for Black & Decker Corp(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:31012007

Trade Alert for Black & Decker Corp (NYSE:BDK)

Other toolmakers would like to borrow the power tools, hardware, and home improvement products that Black & Decker has in its shed. Black & Decker is the nation's #1 maker of power tools and accessories, mainly under the DEWALT and Black & Decker names. It also makes electric lawn and garden tools, plumbing products (Price Pfister), specialty fastening and assembly systems, security hardware (Kwikset), and cleaning and lighting products (Dustbuster vacuum cleaners, SnakeLight flashlights). Its largest customers include Home Depot and Lowe's, which together account for nearly 35% of sales. It purchased power products maker Vector Products in 2006 for $160 million.

Shares were up 3% after posting fourth-quarter earnings that topped recently reduced forecasts.

BellwetherReport.com is a leading online research firm for international investors looking to...

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