Posted by blogs@bobvila.com (Dave) on under infant deaths, cribs, pegs, peg, delta, parents | 
Two infant deaths have prompted the recall of nearly 1.6 million cribs by Delta Enterprises of New York. Drop-side cribs manufactured by the company may lack a safety peg or have spring pegs that have become worn after many uses. The company has set up a Web site to help owners of these cribs with the recall process. Customers can also call the company at 1-800-816-5304. All parents are reminded to never use any crib with missing, broken or loose parts.
Tagi: infant deaths, cribs, pegs, peg, delta, parents
Posted by on under stanley brand, bosch tools, stanley works, degrading quality, live webcast, shareholder value, dramatic cuts, porter cable, loyal customers, black decker, shareholders, merger, amp, nbsp, dewalt, attempts, delta, press release, new york city, lunch |
It was announced yesterday that after 4 attempts over the past 27 years Stanley Works has finally acquired Black & Decker in a $4.5 billion deal ($3.5bn stock & $1bn debt). Unfortunately this means about 4,000 additional jobs (10% of work force) will be cut from the business that has already seen dramatic cuts. Shareholders of Black & Decker will get 1.275 shares of Stanley stock and should see an increase in overall shareholder value from the merger.
Stanley buys and sells companies faster than I can keep track, last year they sold CST/David White to Bosch Tools. It will be very interesting to see what shakes out from this deal. There are many arrangements behind the scenes with companies that have deals with Black & Decker to supply motors, parts, etc and they could potentially loose them under the Stanley brand. I guess the big question will be how will this effect the quality of the tools for DeWalt, Porter Cable and other brands. Black & Decker has had some problems in recent years with their loyal customers being disappointed in degrading quality. Is Stanley the answer?
In addition, both companies will host a joint investor lunch on Tuesday, November 3, 2009 at 12:00 p.m. ET in New York City. The live webcast of the meeting can be accessed at www.stanleyblackanddecker.com, www.stanleyworks.com and www.blackanddecker.com. Read the Full Press Release Below:
Tagi: stanley brand, bosch tools, stanley works, degrading quality, live webcast, shareholder value, dramatic cuts, porter cable, loyal customers, black decker, shareholders, merger, amp, nbsp, dewalt, attempts, delta, press release, new york city, lunch
Posted by on under american airlines, japan airlines, focus line, fluggesellschaft, derstandard, tagesschau, jal, financial times, retten, delta |
Tagi: american airlines, japan airlines, focus line, fluggesellschaft, derstandard, tagesschau, jal, financial times, retten, delta
Posted by on under gears of war, insurmountable odds, marcus fenix, cliff bleszinski, xbox live, epic games, war 3, xbox 360, ayers, gears, bravery, saga, sacrifice, few days, xbox, delta, game |
A few days after an untimely leak on Xbox Live, Epic Games has now officially announced Gears of War 3 for next April. Details are scant (though Edge speculates on possible new gameplay features), but it will contain 4-player co-op and be an Xbox 360 exclusive. A trailer was released for the game, and designer Cliff Bleszinski had this to say:
"When we released Gears of War more than three years ago, we set out to tell the world an unforgettable story of bravery and sacrifice in the face of insurmountable odds, and a year from now, players will get the chance to experience the final chapter in the story of Marcus Fenix and his companions in Delta Squad. This is definitely the biggest and most dramatic chapter yet in the Gears of War saga, and we can't wait to deliver it."
Read more of this story at Slashdot.
Tagi: gears of war, insurmountable odds, marcus fenix, cliff bleszinski, xbox live, epic games, war 3, xbox 360, ayers, gears, bravery, saga, sacrifice, few days, xbox, delta, game
