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Tag: John Lundgren


On The Editor's Desk

Once IR spins off security division, will others follow?

June 12, 2013Martha Entwistle

Once IR spins off its security division, will others follow? Poking around some investor conference info recently, I came across this tidbit on Seeking Alpha “Stanley Black & Decker Chairman John Lundgren made an interesting revelation during his chat at the Electrical Products Group Conference yesterday. [The conference took place in late May]. The exec says the company will keep an eye on the spinoff from Ingersoll Rand of its security business to see if a similar move would make sense for...

Barbara Santoro, Brett D. Bontrager, Ingersoll Rand, John Lundgren, Nelson Peltz, Patrick Shannon, security spin off, Stanley Black & Decker, Stanley Security Solutions, Tyco


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On The Editor's Desk

Stanley execs talk about progress on Niscayah acquisition

January 30, 2012Martha Entwistle

Stanley CSS's parent company, Stanley Black & Decker exceeded Wall Street expectations last week with its earnings announcement. It had Q4 revenue of $2.8b, up 17 percent over 2010 Q4 revenues, and organic revenue growth was up 6 percent over the same period. The security segment was up 1 one percent with 4 percent organic growth in Convergent Security, according to the conference call. Security has Q4 sales of $827 million. That revenue figure is up 49 percent over last year (2010 Q4 revenues were...

James M. Loree, John Lundgren, NIscayah acquisition, Stanley Black & Decker


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