Illinois Tool Works Inc.(ITW)- NYSE
  • Jul. 3, 2013, 9:55 AM

    Illinois Tool Works (ITW) snaps up Chinese kitchen-equipment company Vesta from P-E firm Actis for an undisclosed sum. Vesta employs around 900 people in two factories. It's worth noting that around 20% of ITW's pro-forma $17B sales last year came from the geographic division that includes Asia, up from 8% in 2011, while food equipment accounted for 11% of revenue. (PR)

    | Jul. 3, 2013, 9:55 AM
  • Jun. 24, 2013, 12:20 PM
    Illinois Tool Works (ITW -1.3%) slips on a downgrade to Sell on valuation. Goldman says ITW's multiple is rich and earnings upside is unlikely in 2013/2014 given slow growth across its portfolio.
    | Jun. 24, 2013, 12:20 PM
  • May 3, 2013, 5:50 PM
    Illinois Tool Works (ITW) declares $0.38/share quarterly dividend, in line with previous. Forward yield 2.31%. For shareholders of record June 28. Payable July 09. Ex-div date June 26. (PR)
    | May 3, 2013, 5:50 PM | 3 Comments
  • Apr. 23, 2013, 11:58 AM

    Illinois Tool Works (ITW) +3.1%) moves up on a mixed Q1 report that came in line on a per share basis but short on revenue. Net profit fell 27% Y/Y, as losses from discontinued operations and weaker organic revenue weighed on its bottom line. Investors appear to be taking a narrow improvement in current quarter revenue guidance to lift the shares higher today. The company now expects Q2 revenue to increase between 2.5% to 3.5%, while analysts had been anticipating a 3% revenue decline.

    | Apr. 23, 2013, 11:58 AM
  • Apr. 23, 2013, 8:03 AM
    Illinois Tool (ITW): Q1 EPS of $0.96 in-line. Revenue of $4.0B (-8% Y/Y) misses by $0.28B. (PR)
    | Apr. 23, 2013, 8:03 AM
  • Apr. 23, 2013, 12:05 AM

    Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX

    | Apr. 23, 2013, 12:05 AM | 1 Comment
  • Apr. 22, 2013, 5:30 PM

    Notable earnings before Tuesday’s open: ACI, AKS, AOS, APD, ARMH, CIT, CNC, COH, DAL, DD, DFS, EAT, ECA, FMER, FRX, GCI, GNTX, IDXX, IIVI, IR, IRWD, ITW, JCI, JNS, LCC, LECO, LMT, LXK, MOLX, PCAR, PCH, PII, PMT, PNR, R, RAI, RF, RSH, SNV, ST, TRV, UTX, WAT, XRX

    | Apr. 22, 2013, 5:30 PM
  • Feb. 28, 2013, 9:07 AM
    A screen searching for stocks Warren Buffett (BRK.B) may be interested in turned up 28 names, but only one - ADM - is a current Berkshire holding. Most likely to catch the Oracle's eye from the rest of the list, writes Jack Hough in Barron's, is Sysco (SYY), Cummins (CMI), and Illinois Tool Works (ITW).
    | Feb. 28, 2013, 9:07 AM | 3 Comments
  • Feb. 19, 2013, 9:10 AM

    Illinois Tool Works (ITW) is considering its strategic options for its Industrial Packaging segment, including selling or spinning it off. The division, which had 2012 revenues of $2.4B, manufactures steel, plastic, and paper products used for bundling, shipping, and protecting transported goods. ITW has retained JPMorgan and Goldman Sachs as its financial advisers. (PR)

    | Feb. 19, 2013, 9:10 AM
  • Feb. 15, 2013, 3:50 PM
    Illinois Tool Works Inc. (ITW) declares $0.38/share quarterly dividend, in line with previous. Forward yield 2.40%. For shareholders of record Mar. 28. Payable Apr. 09. Ex-div date Mar. 26. (PR)
    | Feb. 15, 2013, 3:50 PM
  • Jan. 29, 2013, 8:06 AM
    Illinois Tool (ITW): Q4 EPS of $0.89 misses by $0.01. Revenue of $4.22B (-2.3% Y/Y) beats by $0.07B. (PR)
    | Jan. 29, 2013, 8:06 AM
  • Jan. 29, 2013, 12:05 AM

    Notable earnings before Tuesday’s open: AKS, ARLP, ASH, BSX, BTU, CIT, CP, DHI, EDU, EMC, F, GLW, GNTX, HOG, HRS, HW, IP, ITW, JBLU, KLIC, LLY, LXK, NEE, NUE, PFE, PHG, PII, PNR, TROW, TUP, TYC, VLO, WRB, X

    | Jan. 29, 2013, 12:05 AM
  • Jan. 28, 2013, 5:30 PM

    Notable earnings before Tuesday’s open: AKS, ARLP, ASH, BSX, BTU, CIT, CP, DHI, EDU, EMC, F, GLW, GNTX, HOG, HRS, HW, IP, ITW, JBLU, KLIC, LLY, LXK, NEE, NUE, PFE, PHG, PII, PNR, TROW, TUP, TYC, VLO, WRB, X

    | Jan. 28, 2013, 5:30 PM
  • Jan. 23, 2013, 10:09 AM

    Deutsche Bank's David Bianco lists his 30 favorite big-cap stocks, each with a P-E ratio on 2013 EPS below 18 and EPS growth above 5%: DD, APD, MSFT, INTC, IBM, ACN, GOOG, APH, EMC, AAPL, QCOM, ITW, ROK, UTX, HON, GD, ALL, C, USB, PNC, SLB, HAL, CAM, BHI, LYB, DIS, VIAB, NWSA, CBS, MCD.

    | Jan. 23, 2013, 10:09 AM | 10 Comments
  • Jan. 2, 2013, 9:07 AM
    ISI Group upgrades the machinery sector after it does a bit of channel checking, and while the firm cuts estimates to below consensus, it reckons that the bottom will come in H1 as inventories are reduced. Caterpillar (CAT), CNH Global (CNH), Cummins (CUM), Deere (DE), Eaton (ETN), Illinois Tool Works (ITW), Ingersoll-Rand (IR) and Oshkosh (OSK) all receive an upgrade. ISI tips Caterpillar to be among the best performers in H1 after it was a notable laggard last year.
    | Jan. 2, 2013, 9:07 AM | 1 Comment
  • Dec. 14, 2012, 10:09 AM

    Illinois Tool Works (ITW -0.3%) reaffirms Q4 guidance, seeing EPS of $0.86-$0.94 vs. $0.92 analyst consensus and revenues of $4.15B-$4.28B vs. $4.15B consensus. Sees converting ~100% of 2012 continuing operating income to free cash. Estimates 2013 total company organic growth of 1%-3%.

    | Dec. 14, 2012, 10:09 AM
Company Description
Illinois Tool Works, Inc. manufactures diversified range of industrial products and equipment. It serves general industrial, automotive OEM/tiers, automotive aftermarket, construction, food and beverage, and food institutional/restaurant and service markets. Its operates its business through... More
Industry: Diversified Machinery
Country: United States