Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Black & Decker Reports Third Quarter Earnings
Oct 26, 2006
 Printable format
 Email this Article
 Search

The Black & Decker Corporation today announced that net earnings from continuing operations for the third quarter of 2006 were U.S. $125.1 million or $1.74 per diluted share, a 3 percent increase over $1.69 per diluted share in the third quarter of 2005. Sales from continuing operations increased 2 percent for the quarter to $1.6 billion. The acquisition of Vector Products, Inc. contributed 3 percent to sales in the quarter, and foreign currency translation had a positive 1 percent impact. Free cash flow was $183 million for the quarter and $320 million year-to-date, an increase of $130 million versus the first 9 months of 2005.

The corporation repurchased approximately 6.1 million shares in the third quarter, at an average price of approximately $71 per share, and has repurchased approximately 10.1 million shares year-to-date. The corporation also announced that its board of directors increased the corporation's authorization under its stock repurchase program by 3.0 million shares, leaving approximately 4.9 million shares authorized for repurchase. In addition, the board declared a quarterly cash dividend of $0.38 per share of the corporation's outstanding common stock payable Dec. 29, 2006, to stockholders of record at the close of business on Dec. 15, 2006.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows