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Number of Pages 3
A 3 page paper discussing Black & Decker's financial position during deep recession and its likely outlook for the future, as well as expected responses from Federal Reserve actions. China was expected to become the leading producer of power hand tools by 2009 even before the credit market meltdown of 2008; the US can expect high inflation following its ill-conceived stimulus plan. Black & Decker has a healthy cash reserve and respectable profitability in 2009, but it faces trying years in the future. Bibliography lists 5 sources.
File: CC6_KSfinBlckDeck.rtf
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