Black & Decker shares up on profit outlook
(Reuters) – Tool maker Black & Decker Corp doubled its profit estimate for the third quarter, citing better-than-expected shipments buoyed by a rebound in the U.S. housing market, sending its shares up 10 percent.
October 12, 2009
(Reuters) - Tool maker Black & Decker Corp doubled its profit estimate for the third quarter, citing better-than-expected shipments buoyed by a rebound in the U.S. housing market, sending its shares up 10 percent.
