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Manufacturers have ranked among the best profit generators this year, but rising costs and...

Manufacturers have ranked among the best profit generators this year, but rising costs and slowing sales gains are starting to crash the party. Industrial parts suppliers Parker Hannifin (PH +0.8%), Illinois Tool Works (ITW +0.8%) and A.O. Smith (AOS +0.9%) yesterday signaled "much, much slower growth" into 2011.
Comments (2)
  • gatekeeper
    , contributor
    Comments (72) | Send Message
     
    I would rather a period of long, slow growth over one of meteoric rise with a resulting quick return to the next down cycle. No hurry, thank you.
    20 Oct 2010, 10:47 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    "...yesterday signaled 'much, much slower growth' into 2011."

     

    Still, analysts were encouraged as the warning was better than the "much, much, much slower growth" the firm had signalled earlier. Shares up 1%.
    20 Oct 2010, 02:47 PM Reply Like
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