Oct 28
Who says renting is throwing away money? According to this Forbes magazine article, the five best cities where it is better to rent are: 1. Orlando, FL 2. Miami, FLDenver, COMilwaukee, WI (three-way tie) 3. Tucson, AZ And the five worst places to rent: 1. Cleveland, OH 2. Boston, MA 3. Kansas City, MO 4. New York City, NY 5. New Haven, CT Three factors were considered when compiling the data: - Annual change in monthly rent. - Percent increase of new rental construction in ...

Tagi: forbes magazine article, new haven ct, kansas city mo, bost, best cities, orlando fl, aces, cleveland oh, new york city

Nov 10
When dealing with a carbon footprint as large as the Big Apple's, replacing residential conventional heating oil with biofuel to reduce the city's emissions seems like bailing out the Titanic with a Dixie Cup. Still, that's what Brooklyn-based Boro Fuel is doing, by introducing BioGreen®, an alternative heating fuel for residences. Available on the market November 1, BioGreen® is a blend of traditional heating oil and 10% soybean oil. With only traces of sulfur, the green fuel's ...

Tagi: soybean oil, reacing, alternative heating fuel, green fuel, dixie cup, biofuel, heating oil, footprint, november 1, sulfur, brooklyn, traces, new york city

Nov 24

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

Apr 10
I've always known the story behind Eric Clapton's "Tears in Heaven." His four year old son was running around a New York City apartment and ran straight out an open window, and died. Hearing the song has always made me sad, but there was something in the back of my head saying "how could they let that happen?" Now I have a two year old who loves standing against and looking out our third floor apartment windows (when they're closed). And with the weather getting nicer, I can see how an ...

Tagi: city apartment, floor apartment, tears in heaven, child proofing, sg, weather, new york city

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