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Stanley Black & Decker Hints at Splitting Off Its Security Business

Recent comments made by Stanley Chairman and CEO John Lundgren may indicate the company is exploring a security business spinoff to boost its share price.


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In response to blocking of the national do-not-call (DNC) registry by a federal judge, the House of Representatives and Senate passed a hastily drafted bill that, if signed by President Bush, will allow the DNC list to take effect Oct. 1. September 24, 2003

ELMHURST, Ill. September 22, 2003

CCTV manufacturer Silent Witness Enterprises Ltd. releases corrections to its fourth quarter and year ended July 3 financial results. September 21, 2003

PEMBROKE, Bermuda September 21, 2003

The number of people who died in home fires involving heating equipment fell to the lowest level in 20 years, according to a new report by the National Fire Protection Association (NFPA). September 15, 2003

Companies competing in the U.S. commercial end-user security markets are bundling products to counter an increase in competition and shrinking profit margins, says research firm Frost and Sullivan. September 10, 2003

Diebold Inc., a provider of integrated self-service and security solutions, announces it has acquired Vangren Technology, a company specializing in the sales, service and installation of electronic security solutions throughout Australia and New Zealand. September 10, 2003

IntelliVid, a provider of intelligent video analysis software for commercial security, announces it has secured a $5.53 million Series A investment from Egan-Managed Capital, Flagship Ventures and Draper Fisher Jurvetson New England Fund. September 10, 2003

BOHEMIA, N.Y. September 09, 2003

VIENNA, Va. September 08, 2003




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