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Zacks Analyst Blog Highlights: Stanley Works, Black & Decker Corporation, Joy Global, Paccar and Illinois Tool Works – Press Releases

Zacks Market Commentaries (November 4th, 2009) Writes:

For Immediate Release

Chicago, IL – November 4, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Stanley Works (SWK), Black & Decker Corporation (BDK), Joy Global (JOYG), Paccar (PCAR) and Illinois Tool Works (ITW).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s AnalystBlog:

Stanley Works Acquires B&D

Stanley Works (SWK) and Black & Decker Corporation (BDK) have entered into a definitive merger agreement to create Stanley Black & Decker, an $8.4 billion global tool maker. The Board of Directors of both companies approved an all-stock transaction valued

...

Black & Decker Ups Guidance – Analyst Blog

Zacks Market Commentaries (October 13th, 2009) Writes:
Black & Decker Corporation (BDK) updated its third quarter earnings guidance yesterday. The company now expects third quarter EPS of 91 cents per shares, compared to the previous guidance range of 35 cents to 45 cents per share. Black & Decker attributed its guidance update to better-than-expected sales, operating margin improvement, and lower tax rate. Though there wasn’t any significant improvement in its end markets, the company said that the quarterly sales were better-than-expected due to early shipments of promotional items in the U.S. industrial power tools and accessories business. These shipments were previously expected in the fourth quarter. Moreover, the company benefited from favorable currency translation. The company expects a year-over-year decline of 23% in third quarter sales compared to 28% and 27% respectively, in the first two quarters. Black & Decker forecasts operating margin of approximately 7.5% for the quarter, driven by a ...

Top Stocks Going Ex Dividend Mid September

Fred Fuld (August 28th, 2008) Writes:
Buying dividends is the technique of buying stocks before the ex dividend date and selling shortly after the ex date at approximately the same price, yet being entitled to the dividend. This generally works only in rising markets.If you are interested in buying dividends, there are several stocks in several different sectors and industries to choose from. Remember that you have to buy the stock before the ex-dividend date in order to be entitled to the dividend, and you can't sell the stock until after the ex date.All of the following stocks have market caps over $500 million, PEs below 20, PEGs below 2, and yields over 2.5%. Regions Financial Corporation (RF) Ex date: 9/15/2008 Yield: 4.9% PE: 6 PEG: 1.15 .The Corporate Executive Board Company (EXBD) Ex date: 9/11/2008 Yield: 4.4% PE: 18 PEG: 1.39 .United Bankshares, Inc. ...

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