In a regulatory filing last week, Stanley Black & Decker said it has identified transactions among its international operations that may have violated U.S. antibribery laws. The company said it has "voluntarily disclosed this information to the U.S. Department of Justice and the SEC. The Company is cooperating with both agencies in their investigations."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SWK:
- Stanley Black & Decker Announces 1st Quarter Dividend
- Stanley Black & Decker price target raised to $95 from $79 at Credit Suisse
- Stanley Black & Decker price target raised to $110 from $92 at Barclays
- Citi upgrades Stanley to Neutral despite ‘excessive’ valuation
- Stanley Black & Decker upgraded to Neutral from Sell at Citi