Equity Research on Stanley Black & Decker Inc. and Timken Co. - An Overview of the Machine Tools & Accessories Industry's Health
29 Ottobre 2010 - 4:10PM
Marketwired
www.stockcall.com/ offers investors comprehensive research on the
machine tools & accessories industry and has completed
analytical research on
Stanley Black & Decker
Inc. (NYSE: SWK) and
Timken Co. (NYSE:
TKR). Register with us today at www.stockcall.com/ to have free
access to these researches.
Despite slowing sales during the summer months, the Machine
Tools and Accessories sector has seen great results during 2010.
Total sales revenue has increased during the first 8 months to $1.7
billion. This is a 62.4% increase from the first eight months last
year. The United States machine tool exports increased 15.5% during
this period, while imports decreased 14.3%. Register now at
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to have free access to our reports on the machine tools &
accessories industry.
www.stockcall.com/ is an online platform where investors doing
their due-diligence on the machine tools & accessories industry
can have easy and free access to our analyst research and opinions
on Stanley Black & Decker Inc. and Timken Co.; investors and
shareholders of these companies can simply register for a
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The Machine Tools and Accessories sector has been helped by
several factors. The primary has been a stabilization and recovery
of the global manufacturing industry. Also, growth in handheld and
home improvement markets has taken place due to American's
increased desire to perform maintenance projects themselves in
order to save money. Another area of strength within the industry
has been the bearings and power transmission market. Increased
production by the automotive and truck industries has resulted in a
strong global demand for these products. Defense and aviation
markets still remain weak. Visit www.stockcall.com/ to see how
companies in this industry have grown over the past years and how
they are expected to perform in the future.
Looking at earnings posted so far for the industry, on Stanley
Black & Decker Inc. released theirs on October 20th with
earnings of $123.2 million with revenue doubling to $2.37 billion
as compared to the same quarter in 2009. Stanley
Black & Decker Inc. research report is accessible for free
by registering today at www.stockcall.com/SWK291010.pdf.
Conversely, Timken Co. which released its financial results
yesterday saw upbeat results for the quarter. Net income was at
$70.3 million reversing a loss of $50.2 million registered in the
same quarter a year earlier. Sales for the company soared by 39% to
$1.1 billion. Timken Co. research report is
available for free by signing up now at
www.stockcall.com/TKR291010.pdf.
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Contact Person: William T. Knight
stockcall2010@gmail.com
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