Tariffs can be good for 'certain industries': Stanley Black & Decker CEO
Coming off of the tool maker's investor day, Stanley Black & Decker (SWK) CEO Don Allan joins Yahoo Finance executive editor Brian Sozzi for a conversation about the company's transformation, that entails cutting $2 billion in costs and ramping up the brand's supply chain and innovation. "Mortgages need to get closer to about 5%... we're still in the sixes. And when we get there I actually think it's going to free up a lot of activity around people changing homes," Allan explains. "One of the things happening right now is that home sales are very, very low because people are locked in on an av…