BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation - S&P Global Ratings’ Credit Research

BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation

BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation - S&P Global Ratings’ Credit Research
BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation
Published Feb 08, 2002
Published Feb 08, 2002
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's today said that The Stanley Works Co.'s (A/Stable/A-1) plan to change its place of incorporation to Bermuda will not result in any change to its ratings or outlook on the company. Although this change, which is expected to lower Stanley's effective tax rate, should generate meaningful cash savings, the company continues to face a challenging operating environment stemming from weak industrial demand and competitive pricing pressures. Expectations of continued solid cash flows underpin the ratings and outlook.

  
Report Type:

News

Ticker
SWK
Issuer
Stanley Black&Decker Inc.
GICS
Household Appliances (25201040)
Sector
Global Issuers
Country
United States
Region
United States
Format:
HTML HTML
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MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation" Feb 08, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Stanley-Works-Co-Proposes-Changing-Its-Location-of-Incorporation-230437>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: Stanley Works Co. Proposes Changing Its Location of Incorporation Feb 08, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Stanley-Works-Co-Proposes-Changing-Its-Location-of-Incorporation-230437>
  
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