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 billi, gizmodo, graphics cards, gpu, gtx, benchmarks, nvidia, hearts, lunch, nbsp, love |
Can a three billion transistor GPU that eats power supplies for lunch find love and glory in the hearts of gamers?
More »
Tagi: billi, gizmodo, graphics cards, gpu, gtx, benchmarks, nvidia, hearts, lunch, nbsp, love
Posted by on under ridgid seesnake micro, ridgid products, model cj, knowledgeable group, ctest, calendar girls, scavenger hunt, power tool, roadshow, end users, columbus ohio, nbsp, calendars, prizes, reputation, lunch, demo |
Each year Ridgid has a Reputation Roadshow where a knowledgeable group of Ridgid Reps travels the country and visit a few locations to meet with end users, demo new products, answer questions and help support their professional supply retailers. The events typically offer free Ridgid gear, lunch and the always popular Ridgid Calendar Girls to autograph calendars and take pictures.
To help promote the different event and get the word out there this year there is also a weekly Flyer Scavenger Hunt contest where you can win prizes even if you never make it to the show. This week (5/3/2010) the prize is a Ridgid Seesnake Micro ($223, Ohio Power Tool) which is well worth a few mouse clicks in my mind.
Below is the video from last year’s show at Ohio Power Tool where Ridgid Model CJ Perry helped promote some of the new Ridgid products in Columbus, Ohio.
Tagi: ridgid seesnake micro, ridgid products, model cj, knowledgeable group, ctest, calendar girls, scavenger hunt, power tool, roadshow, end users, columbus ohio, nbsp, calendars, prizes, reputation, lunch, demo
Posted by on under ceo eric schmidt, glamorous life, th time, eric schmidt, google, global sales, nikesh arora, product management, techcrunch, rosenberg, business development, svp, lunch |
arlier today I posted my notes from an informal Google press lunch with CEO
Eric Schmidt, SVP Product Management
Jonathan Rosenberg and President Global Sales Operations and Business Development
Nikesh Arora. These events are of course on the record, which means there usually isn't much that's said that's all that interesting. Usually though we can't just video the whole thing. This time Google said it was fine, so I set up my Flip camera and filmed away. So you, too, can witness first hand the glamorous life of a blogger. Video is below.
Tagi: ceo eric schmidt, glamorous life, th time, eric schmidt, google, global sales, nikesh arora, product management, techcrunch, rosenberg, business development, svp, lunch
Posted by on under fire employees, simy, rampages, reas, google, criminal charges, lunch, email, servers |
If a Google employee rampages through my email, Google Voice or other data for no justifiable reason I expect a lot more from the company than simply terminating them. There needs to be criminal charges brought as well. We've asked Google if they've pressed charges against either of the
two engineers they've fired for inappropriately accessing user data, and they won't comment. So much of our life is lived online, and so much of our highly sensitive personal data is stored on Google's servers, that it is absurd that there aren't more dire consequences facing those that choose to molest that data. If a Google employee broke into my home and stole files from my office they'd go to jail. And frankly I'd be far less concerned with that situation than if they were perusing my email for entertainment during their lunch break.
Tagi: fire employees, simy, rampages, reas, google, criminal charges, lunch, email, servers
