Top Industrial Goods Stocks Losers were NYSE: SWK, BDK, MWA
Industrial Goods Stocks
Dallas, Tx - The Stanley Works (NYSE:SWK) went down 1.56% to $55.46 on 2.34 million shares. The stock hit an intraday high and an intraday low of $56 and $54.59 respectively. In the last six months the stock went up over 33%. The Stanley Works is a diversified worldwide supplier of tools and engineered solutions professional, industrial, construction, and do-it-yourself (DIY) use, as well as engineered solutions and security solutions for industrial and commercial applications.
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The Black & Decker Corporation (NYSE:BDK) slid 3.21% to $69 after the company announced that it expects a mid single digit sales increase in the first quarter of 2010 and a low single-digit growth rate for fiscal 2010, both including favorable currency translation. The Company reported revenue of $1.07 billion in first quarter of 2009 and revenue of $4.8 billion in fiscal 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $1.05 billion for first quarter of 2010: revenue of $4.7 billion for fiscal 2010.
Mueller Water Products, Inc. (NYSE:MWA) sell off 5.98% to $5.03 on 1.87 million shares. The stock hit an intraday high and an intraday low of $5.30 and $5 respectively. In the last six months the stock went up over 16%. Mueller Water Products, Inc. is a manufacturer and marketer of a range of water infrastructure, flow control and piping component system products for use in water distribution networks and water treatment facilities.
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