Industrial tool maker Stanley Black & Decker, Inc. SWK is slated to report fourth quarter and full-year 2016 results on Jan 26, before the market opens. The company posted better-than-expected results in three of the four trailing quarters, while recording in-line results in one. Average earnings surprise was a positive 5.56%. Its shares yielded 28.69%… Read More »
Premium basic materials company, Rio Tinto plc RIO inked a binding agreement to sell Coal & Allied Industries Limited to Yancoal Australia Limited. The company stated that the move is in sync with its ongoing portfolio reshaping strategy and would likely deliver higher value to its shareholders in the near term. Over the last one… Read More »
It’s turning out to be an interesting week for farmers, for investors in agricultural stocks, and for owners of Deere (NYSE: DE) and Agrium (NYSE: AGU) stock in particular. This morning, two separate banking houses took aim at the farm industry. On the bad news front, Berenberg announced a new sell rating for farm equipment maker… Read More »