Black & Decker (BDK): Q3 EPS of $1.42 beats by $0.13. Revenue of $1.57B (-3.9%) in-line....

|By:, SA News Editor
Black & Decker (BDK): Q3 EPS of $1.42 beats by $0.13. Revenue of $1.57B (-3.9%) in-line. Sees Q4 EPS of $0.70-0.90 vs. $1.13. "Considering the recent disruption of credit markets, our cash flow, balance sheet and liquidity are particularly important. We reduced inventory 12% versus the prior year..." Shares -6.2%. (PR)