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Why Stanley Black & Decker Stock is Surging Monday
Investopedia· 2025-12-22 20:25
Related Education The Top 4 Suppliers of Lowe's What Exactly Does the EBITDA Margin Tell Investors About a Company? Key Takeaways Shares of Stanley Black & Decker (SWK) jumped Monday after the company announced an agreement to sell its Consolidated Aerospace Manufacturing business to aircraft metal components manufacturer Howmet Aerospace (HWM) for $1.8 billion in cash. Stanley Black & Decker said it plans to use the net cash proceeds from the transaction, which is expected to close in the first half of nex ...