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Stanley Works

A collection of news and information related to Stanley Works published by this site and its partners.

Top Stanley Works Articles

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  • Constellation reportedly takeover target of Chicago power company

    Constellation reportedly takeover target of Chicago power company
    Constellation Energy Group is reportedly in the final stages of takeover negotiations that could see it absorbed by the Chicago-based power company Exelon Corp., a deal that would usher Baltimore's last Fortune 500 company headquarters out of town. For...
  • Archibald, Stanley Black & Decker's chairman, was paid $64.4 million last year

    Even after Stanley Black & Decker shareholders rejected the tool and security company's executive pay plan last spring, the company paid Nolan D. Archibald, its executive chairman and the former CEO of Black & Decker, a total of $64.4 million in 2011....
  • Defective Grasshogs cost Black & Decker

    Black & Decker Inc. has settled with the federal government to pay $960,000 in order to end the inquiry into whether the company did not report safety problems with a weed whacker it sold, according to a statement Wednesday by the U.S. Consumer Product...
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  • From the Age of Monarchs to the Age of Executives

    One of my sons and his wife returned from a trip to Paris a couple weeks ago. They came for dinner and showed us their pictures. Of the Palace at Versailles and its magnificence, he remarked, "No wonder there was a revolution." I had the same reaction...
  • Kevin Hunt: State Holding Unclaimed $599 Million: Look Up Your Share Here

    Kevin Hunt: State Holding Unclaimed $599 Million: Look Up Your Share Here
    State residents, past or present, have left behind nearly enough unclaimed property to pay for a new XL Center, the proposed downtown minor-league baseball stadium and the $55 refund once promised for every current taxpayer in Connecticut. The total,...
  • Merger Bonus Pushes Retired Stanley Chairman's Pay To $123 Million

    Merger Bonus Pushes Retired Stanley Chairman's Pay To $123 Million
    Nolan D. Archibald, who led the former Black & Decker into a deal to create New Britain-based Stanley Black & Decker and then served as the new company's executive chairman, brought home $123.6 million last year, federal filings Tuesday show. The...
  • Stanley Competitor Snap-on Tools Brings Nationwide Tour To New Britain

    Stanley Competitor Snap-on Tools Brings Nationwide Tour To New Britain
    On any given day, The Stanley Works is the big daddy in tools in this town, aka the Hardware City. But in America, competition has a way of sprouting just about everywhere, including in the hometown champ's backyard. That was the case for Stanley on...
  • Stanley Works Plans To Eliminate Another 550 Jobs

    Stanley Works Plans To Eliminate Another 550 Jobs
    Just months after eliminating 2,000 jobs worldwide, New Britain-based Stanley Works announced plans Friday to cut another 550 jobs by mid-year. The announcement comes as the tool and security equipment manufacturer struggles with falling demand. The...
  • ING's Plan To Spin Off Insurance Units Raises Branding Concerns

    When ING Group bought Aetna's financial services business nine years ago, not many in the Hartford area — or elsewhere in the country, for that matter — had ever heard of the Dutch financial services company. After tens of millions spent on...
  • Stanley Works To Buy Black & Decker Corp. In All-Stock Deal

    Stanley Works To Buy Black  &  Decker Corp. In All-Stock Deal
    The Stanley Works, long a giant in American toolmaking, will buy The Black & Decker Corp. in an all-stock deal worth about $4.5 billion, the companies said Monday after the stock markets closed. The new enterprise will be called Stanley Black & Decker...