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Stanley Works

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Top Stanley Works Articles see all

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  • Oracle to buy Columbia's Micros Systems in $5.3 billion deal

    Oracle to buy Columbia's Micros Systems in $5.3 billion deal
    Silicon Valley giant Oracle Corp. plans to acquire Columbia-based Micros Systems Inc. for $5.3 billion in a deal executives and industry observers said could generate local job growth instead of the typical corporate consolidation.
  • 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...

    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...

    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....

    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...