Snap-on Dropping As CEO Appears On CNBC

by Benzinga Staff
June 8, 2011 1:49 PM | 27 seconds read | Make a Comment

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Snap-on Incorporated (NYSE: SNA) shares are down nearly 0.5% today as the company's CEO Nicholas Pinchuk is appearing on CNBC to discuss the health of the economy.Pinchuk said that he is seeing big ticket sales come back, but that confidence issues are still prevalent throughout the economy. An example of a big ticket item from Snap-On is one of their diagnostic tools for automobiles are an example of big ticket items from Snap-On.Pinchuk also said it is critical that Snap-On extend its brands outside of the garage into critical industries.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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