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Thread: Tool Maker trouble?

  1. #1
    Join Date
    Feb 2007
    Inside the Beltway

    Tool Maker trouble?

    Not looking good for B&D. Don't they own many of the major brands?

    " NEW YORK, Dec 14 (Reuters) - Tool maker Black & Decker Corp (BDK.N: Quote, Profile, Research) slashed its fourth-quarter profit outlook on Friday, citing worse-than-expected conditions in North America and a one-time charge, and its shares fell as much as 10 percent.

    Black & Decker has been been suffering from a sharp slowdown in U.S. construction activity, the result of the two-year slump in the housing market."



  2. #2
    Join Date
    Dec 2006
    Punta Gorda, Florida
    I think that corporate America is going to find out the middle class that they abandoned in their greed are more important to them than they thought. That would be fine with me except the middle class is going to suffer along with them.

  3. #3
    Join Date
    Jan 2007
    Sacramento, CA
    B&D owns a BUNCH of companies now ...

    Dewalt for decades
    Delta last year
    Porter Cable last year
    There were like a dozen involved in the Pentair purchase last year that got them delta and porter cable.
    Jason Beam
    Sacramento, CA

  4. #4
    Join Date
    Oct 2006
    Tokyo Japan
    Sounds to me like a great time to look at buying B&D stock
    The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
    William Arthur Ward

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