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	<title>Stock Blog Hub &#187; Illinois Tool Works Inc.</title>
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		<title>(ITW) Illinois Tool Works Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/10/26/itw-illinois-tool-works-earnings-preview/85771</link>
		<comments>http://www.stockbloghub.com/2011/10/26/itw-illinois-tool-works-earnings-preview/85771#comments</comments>
		<pubDate>Wed, 26 Oct 2011 13:53:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
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		<category><![CDATA[Illinois Tool Works Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85771</guid>
		<description><![CDATA[Illinois Tool Works Inc.(ITW) is slated to release its third quarter 2011 results on Tuesday, October 25. The current Zacks Consensus Estimate for earnings per share (EPS) is 98 cents, representing an annualized growth of 17.61%. With respect to earnings surprises, over the trailing four quarters, Illinois Tool outperformed the Zacks Consensus Estimate in two quarters, while underperforming in the other two quarters. The average earnings surprise was a positive 0.61%, implying that the company outperformed the Zacks Consensus Estimate by the same magnitude over the last four quarters. Second Quarter Highlights Illinois Tool’s second quarter results were impressive as earnings per share from continuing operations escalated 21.5% year over year to 96 cents. However, the results were below the Zacks Consensus Estimate of $1.02 and toward the lower-end of ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(ITW) Illinois Tool Works Impresses Owners &#8211; Increases Divided</title>
		<link>http://www.stockbloghub.com/2011/08/08/itw-illinois-tool-works-impresses-owners-increases-divided/80863</link>
		<comments>http://www.stockbloghub.com/2011/08/08/itw-illinois-tool-works-impresses-owners-increases-divided/80863#comments</comments>
		<pubDate>Mon, 08 Aug 2011 17:31:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80863</guid>
		<description><![CDATA[Illinois Tool Works Inc.’s (ITW) board of directors approved a 6.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 36 cents per common share compared with 34 cents previously, resulting in an annual rate of $1.44 per common share. The revised dividend will be paid on October 12 to shareholders of record as of the close of business on September 30. Illinois Tool Works follows a consistent policy of returning cash to shareholders via dividend payments with roughly $1.7 billion distributed over the last three years. During the second quarter of 2011, the company paid around $170.0 million in dividends. Cash and cash equivalents at the end of the quarter was $1,230.7 million and net cash from operating activities was around $312.6 million. Illinois ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(FTC) Graco Gets Federal Trade Commission Request</title>
		<link>http://www.stockbloghub.com/2011/07/07/ftc-graco-gets-federal-trade-commission-request/78528</link>
		<comments>http://www.stockbloghub.com/2011/07/07/ftc-graco-gets-federal-trade-commission-request/78528#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:04:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
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		<category><![CDATA[Graco Inc]]></category>
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		<category><![CDATA[Illinois Tool Works Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78528</guid>
		<description><![CDATA[The antitrust regulators, the Federal Trade Commission (FTC) served a request on Graco Inc. (GGG) for additional information on the company’s proposed acquisition of finishing businesses of Illinois Tool Works Inc. (ITW). This acquisition is being investigated under the FTC’s Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, scrutinizing whether the proposed transaction is in compliance with the antitrust laws of the United States. Management stated that the company intends to obtain the FTC’s assent for the merger at the earliest and thus, Graco will cooperate with the FTC. As per the HSR Act, Graco has to wait for a period of 30 days after complying with the request. However, this period can be concluded earlier by the FTC. In April, Graco announced the acquisition of the finishing businesses of Illinois ]]></description>
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		<title>(ITW) Illinois Tool Works Revises Historicals &amp; Outlook</title>
		<link>http://www.stockbloghub.com/2011/06/30/itw-illinois-tool-works-revises-historicals-outlook/77991</link>
		<comments>http://www.stockbloghub.com/2011/06/30/itw-illinois-tool-works-revises-historicals-outlook/77991#comments</comments>
		<pubDate>Thu, 30 Jun 2011 14:22:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77991</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) recently reclassified its historical results giving effect to discontinued operations and announced the impact of its share repurchase activity. The company consummated the repurchase of $550 million or 9.7 million shares in the second quarter 2011, favorably impacting fiscal year 2011 earnings per share by 5 cents. Per a definitive agreement entered into in April 2011, Illinois Tools will divest its finishing group businesses to Graco Inc. The finishing group generated revenue of $305 million in 2010. In addition, the company also endorsed plans to sell its consumer packaging and electronics businesses which fetched combined revenue of $100 million in 2010. The company has reclassified the results of these two businesses along with two other businesses exited earlier to discontinued operations. Earnings per share for ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(ITW) Illinois Tool Works&#8217; May-end Revenue Update</title>
		<link>http://www.stockbloghub.com/2011/06/23/itw-illinois-tool-works-may-end-revenue-update/77266</link>
		<comments>http://www.stockbloghub.com/2011/06/23/itw-illinois-tool-works-may-end-revenue-update/77266#comments</comments>
		<pubDate>Thu, 23 Jun 2011 20:08:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77266</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported an 18% year-over-year rise in its operating revenues for the three months ended May 31, 2011. The increase records an 8% growth, which can be ascribed to a hike in base revenue and 5% to acquisitions. Currency translation had a positive 5.0% impact on the revenue. End markets were strong with a solid demand for the company’s products. Transportation revenue grew by 26% year over year, while Industrial Packaging rose by about 19%. Power Systems and Electronics registered an increase of 21%. Construction Products grew by 14% and Polymers and Fluids by 27%. Decorative Surfaces grew by 9% while Food Equipment grew by 10% year over year. Revenue from all other sources soared 13%. Additionally, Illinois Tool Works reaffirmed its fiscal year 2011 guidance ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/itw-illinois-tool-works-may-end-revenue-update/77266/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(ITW) Illinois Tool Works Authorizes $4 Billion Buyback</title>
		<link>http://www.stockbloghub.com/2011/05/10/itw-illinois-tool-works-authorizes-4-billion-buyback/73681</link>
		<comments>http://www.stockbloghub.com/2011/05/10/itw-illinois-tool-works-authorizes-4-billion-buyback/73681#comments</comments>
		<pubDate>Tue, 10 May 2011 14:35:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73681</guid>
		<description><![CDATA[Illinois Tool Works Inc’s (ITW) board of directors recently authorized the company to buyback approximately $4 billion of common shares, representing roughly 70 million shares based on the May 5 closing share price. No time frame was specified for the execution of the buyback program. The buyback program is in addition to the company’s existing $3.0 billion plan authorized in August 2007, of which $870 million still remains pending. Besides, the board of directors declared to pay a 34 cent per share of quarterly dividend on July 12 to shareholders as on record June 30. Illinois Tool Works remains committed to returning value to shareholders via dividend payments and share buybacks. Exiting the first quarter 2011, the company paid roughly $169.2 million of dividends to shareholders; disbursed $636.2 million in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/10/itw-illinois-tool-works-authorizes-4-billion-buyback/73681/feed</wfw:commentRss>
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		<title>(ITW) Illinois Tool Works &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/05/10/itw-illinois-tool-works-bull-of-the-day/73695</link>
		<comments>http://www.stockbloghub.com/2011/05/10/itw-illinois-tool-works-bull-of-the-day/73695#comments</comments>
		<pubDate>Tue, 10 May 2011 14:35:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73695</guid>
		<description><![CDATA[Illinois Tool Works&#8217; (ITW) first quarter results were impressive as EPS surpassed the Zacks Consensus of $0.84 by 7 cents and increased 30% year over year, driven primarily by a healthy product demand. Benefits may also be derived both from strengthening auto markets in North America and Europe and construction and welding businesses. Management&#8217;s earnings outlook for the year is also encouraging as end-market demand continues to improve and opportunities from market penetration remains strong. Moreover, at the quarter end, acquired revenue stood at a staggering $329 million, making acquisitions still a prime growth catalyst. Incremental benefits are also expected from restructuring activities and share buyback programs. Thus, anticipating strong financial growth in the quarters ahead, we upgrade Illinois Tool Works to an Outperform recommendation. ILL TOOL WORKS (ITW): Free ]]></description>
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		<title>(ITW) Illinois Tool Works First Quarter Report Surpasses Analyst Estimates</title>
		<link>http://www.stockbloghub.com/2011/04/27/itw-illinois-tool-works-first-quarter-report-surpasses-analyst-estimates/72493</link>
		<comments>http://www.stockbloghub.com/2011/04/27/itw-illinois-tool-works-first-quarter-report-surpasses-analyst-estimates/72493#comments</comments>
		<pubDate>Wed, 27 Apr 2011 17:43:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72493</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported first quarter 2011 earnings per share from continuing operations of 91 cents, up 30% year over year. The result was also above the Zacks Consensus Estimate of 84 cents and management’s guidance range of 81-87 cents. The reported quarter&#8217;s earnings excluded 33 cents of one-time benefit related to the settlement of an Australian tax case in the first quarter of 2011. Revenue Operating revenue in the first quarter increased 17.4% to $4,387.6 million, compared with $3,737.6 million in the year-ago quarter and above the Zacks Consensus Estimate of $4,134.0 million. Growth in operating revenue symbolized continued improvement in end market demand. The year-over-year increase was above the company’s projected growth range of 12%-15%. Of the total revenue, base revenue in the quarter grew 11.7% ]]></description>
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		<title>(ITW) Illinois Tool Works Fourth Quarter Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2011/02/09/itw-illinois-tool-works-fourth-quarter-earnings-scorecard/66508</link>
		<comments>http://www.stockbloghub.com/2011/02/09/itw-illinois-tool-works-fourth-quarter-earnings-scorecard/66508#comments</comments>
		<pubDate>Wed, 09 Feb 2011 16:23:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66508</guid>
		<description><![CDATA[Despite posting somewhat disappointing fourth quarter results, that fell a cent short of the Zacks Consensus Estimate, sentiments were overall positive for Illinois Tool Works Inc. (ITW) triggered primarily by the company’s robust guidance for the first quarter of 2011 and the fiscal year 2011. Earnings Review Illinois Tool fourth quarter earnings per share from continuing operations were 79 cents, down 19% from 98 cents in the comparable quarter of 2009 and below the Zacks Consensus Estimate of 80 cents. Results were, however, within management’s guidance range of 74-82 cents. In the fiscal year 2010, earnings per share were $3.03, below the Zacks Consensus Estimate of $3.08. Operating revenue in the quarter increased 11.0% year over year to $4,169.3 million, above the Zacks Consensus Estimate of $4,089.0 million and in ]]></description>
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		<title>(APSG) Company News for December 20, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/12/20/apsg-company-news-for-december-20-2010-corporate-summary/62807</link>
		<comments>http://www.stockbloghub.com/2010/12/20/apsg-company-news-for-december-20-2010-corporate-summary/62807#comments</comments>
		<pubDate>Mon, 20 Dec 2010 20:29:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<description><![CDATA[• AT&#38;T (NYSE:T) plans a $1.925 billion purchase of Qualcomm&#8217;s (NASDAQ:QCOM) wireless spectrum • Sasol (NYSE:SSL) offered $1.04 billion for 50% stake in Talisman Energy&#8217;s (NYSE:TLM) share gas assets • Raytheon (NYSE:RTN) has offered shareholders $38 per share for Applied Signal Technology (NASDAQ:APSG) in a deal worth $490 million • Barron&#8217;s view Illinois Tool Works (NYSE:ITW) shares, as underpriced with a 20+% upside potential • Chevron (NYSE:CVX) announced suspension of production at a Nigerian Delta pipeline amid military actions • Sony (NYSE:SNE) plans to sell fewer-than-anticipated LCDs than previously estimated. According to comScore, online sales has risen by 12% to $27.5 billion, analysts forecast a further rise of 3%-4% • Bank of America (NYSE:BAC) has joined ranks with MasterCard (NYSE:MA) and PayPal, denying transaction processing for WikiLeaks APPLD SIGNAL (APSG): Free Stock Analysis Report BANK OF AMER ]]></description>
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		<title>(ITW) Illinois Tool Works Reports 13% Revenue Increase in Fourth Quarter 2010</title>
		<link>http://www.stockbloghub.com/2010/12/13/itw-illinois-tool-works-reports-13-revenue-increase-in-fourth-quarter-2010/59608</link>
		<comments>http://www.stockbloghub.com/2010/12/13/itw-illinois-tool-works-reports-13-revenue-increase-in-fourth-quarter-2010/59608#comments</comments>
		<pubDate>Mon, 13 Dec 2010 16:13:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59608</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported a 13% year-over-year rise in its operating revenues for the three months ended October 31, 2010. The increase records a 10% growth attributable to a hike in base revenue and 4% to acquisitions. Currency translation had a negative 1.0% impact on the revenue. End markets were strong with solid demand for the company’s products. Transportation revenue grew by 13.9% year over year, while Industrial Packaging by rose 16.8%. Power Systems and Electronics registered an increase of 23.9%. Construction Products soared by 13.0% and Polymers and Fluids by 4.4%. Revenue from all other sources climbed 19.4% and Food Equipment increased by 0.5%. The improvement was slightly offset by a decline of 0.3% in Decorative Surfaces. Illinois Tool Works provided earnings guidance for the fourth quarter ]]></description>
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		<title>(ANF) Company News for December 6, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/12/06/anf-company-news-for-december-6-2010-corporate-summary/61339</link>
		<comments>http://www.stockbloghub.com/2010/12/06/anf-company-news-for-december-6-2010-corporate-summary/61339#comments</comments>
		<pubDate>Tue, 07 Dec 2010 01:17:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Dollar General Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[JEF]]></category>
		<category><![CDATA[Jefferies Group Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[PFE]]></category>
		<category><![CDATA[Pfizer Inc.]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=61339</guid>
		<description><![CDATA[• Rio Tinto (NYSE:RIO) is reported to be in talks with a possible $3.2 billion offer in the works for Australian Riverdale Mining • Barron&#8217;s wrote favorably on Big Lots (NYSE:BIG) on valuation merits after last week&#8217;s earnings miss • According to All Things Digital, talks between Google (NASDAQ:GOOG) and Groupon were terminated • Pfizer (NYSE:PFE) CEO Kindler stepped down from his position • Bank of America (NYSE:BAC) says it now meets standards to exit Tarp • Dollar General (NYSE:DG) posted better-than-expected third quarter earnings of $0.39 versus $0.35 estimates, on inline revenues of $3.22 billion • Oppenheimer upgraded Cisco (NASDAQ:CSCO) from &#8220;market-perform&#8221; to &#8220;outperform,&#8221; with a $23 price target • Goldman Sachs (NYSE:GS) upgraded Abercrombie &#38; Fitch (NYSE:ANF) from &#8220;buy&#8221; to &#8220;conviction buy,&#8221; with a price target of $70 • Jefferies (NYSE:JEF) maintained a &#8220;buy&#8221; on Air Products ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/06/anf-company-news-for-december-6-2010-corporate-summary/61339/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(ITW) Illinois Tool Works Third Quarter 2010 Earnings Preview</title>
		<link>http://www.stockbloghub.com/2010/10/17/itw-illinois-tool-works-third-quarter-2010-earnings-preview/55268</link>
		<comments>http://www.stockbloghub.com/2010/10/17/itw-illinois-tool-works-third-quarter-2010-earnings-preview/55268#comments</comments>
		<pubDate>Mon, 18 Oct 2010 03:41:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55268</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) is slated to release its third quarter 2010 results on Tuesday, October 19. The current Zacks Consensus Estimate for the third quarter earnings per share (EPS) is 82 cents, representing an annualized growth of 22.46%. With respect to earnings surprises, over the trailing four quarters, Illinois Tool outperformed the Zacks Consensus Estimate in two quarters, lagged behind in one, and was in line with the other quarter. The average earnings surprise was a positive 5.37%, implying that the company has outdone the Zacks Consensus Estimate by the same magnitude over the last four quarters. Second Quarter Highlights Illinois Tool’s second quarter earnings per share from continuing operations were up 131% year over year to 83 cents compared with 36 cents in the comparable quarter of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/17/itw-illinois-tool-works-third-quarter-2010-earnings-preview/55268/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Acquires Panreac Group</title>
		<link>http://www.stockbloghub.com/2010/09/14/itw-illinois-tool-works-acquires-panreac-group/51478</link>
		<comments>http://www.stockbloghub.com/2010/09/14/itw-illinois-tool-works-acquires-panreac-group/51478#comments</comments>
		<pubDate>Tue, 14 Sep 2010 20:22:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51478</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) recently acquired Europe-based chemical company, Panreac Group. The terms of the transaction were not disclosed. Panreac Group serves particularly the laboratory, pharmaceutical, cosmetic and food industries. The acquired company, founded in 1941, employs roughly 230 employees and will operate as a part of Illinois Tool’s Performance Polymers &#38; Fluids. The acquisition will help Illinois Tool to expand its operations in countries like Italy, France and Portugal. Illinois Tool Works, operating through 840 business units in 57 countries, is one of the leading manufacturers of industrial products and equipment. The company in the second quarter of 2010 reported earnings per share of 83 cents, which was up 131% year over year and in line with the Zacks Consensus Estimate of 83 cents. Operating revenue grew 20.1% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/14/itw-illinois-tool-works-acquires-panreac-group/51478/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Announces Sale of Meyercord Revenue Incorporated</title>
		<link>http://www.stockbloghub.com/2010/09/10/itw-illinois-tool-works-announces-sale-of-meyercord-revenue-incorporated/50963</link>
		<comments>http://www.stockbloghub.com/2010/09/10/itw-illinois-tool-works-announces-sale-of-meyercord-revenue-incorporated/50963#comments</comments>
		<pubDate>Fri, 10 Sep 2010 16:06:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50963</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) disposed of its wholly-owned subsidiary, Meyercord Revenue Inc. to SICPA Product Security LLC for an undisclosed amount. The business was stated to be unfit for Illinois Tool&#8217;s long-term growth platform. SICPA Product Security is a private company specializing in security technology for currency and tax collection. Meyercord Revenue, acquired by Illinois Tool in the late 1990s, primarily produced tobacco tax stamps for U.S. states and municipalities. With annual sales of roughly $30 million, Meyercord Revenue provides 250 different tax stamps to 47 states and about 147 municipalities and Native American tribes. Illinois Tool follows a strategy to grow its presence in sectors like industrial packaging, fasteners, welding machinery and commercial kitchen equipment. Selling off Meyercord Revenue will enable the company to concentrate on its expansion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/10/itw-illinois-tool-works-announces-sale-of-meyercord-revenue-incorporated/50963/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Revenue Update &#8211; Guidance Intact</title>
		<link>http://www.stockbloghub.com/2010/08/18/itw-illinois-tool-works-revenue-update-guidance-intact/48227</link>
		<comments>http://www.stockbloghub.com/2010/08/18/itw-illinois-tool-works-revenue-update-guidance-intact/48227#comments</comments>
		<pubDate>Wed, 18 Aug 2010 18:53:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48227</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported a 16% year-over-year rise in operating revenues for the three months ended July 31, 2010. The increase includes a 13% growth attributable to a hike in base revenue and 3% to acquisitions. Currency translation was flat in the quarter. End markets were stable. Transportation revenue grew by 29% year over year while Industrial Packaging advanced by 18.1%. Power Systems and Electronics registered an increase of 23.1%. Construction Products grew by 16.3% and Polymers and Fluids increased by 16.4%. Revenues from all other sources soared 19.0%. The improvement was partially offset by declines of 2.2% in Food Equipment and 0.9% in Decorative Surfaces. Illinois Tool Works also reiterated its earnings per share (EPS) from continuing operations guidance for the third quarter 2010 at 72–84 cents. The ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/18/itw-illinois-tool-works-revenue-update-guidance-intact/48227/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Hikes Dividend Rate</title>
		<link>http://www.stockbloghub.com/2010/08/09/itw-illinois-tool-works-hikes-dividend-rate/47249</link>
		<comments>http://www.stockbloghub.com/2010/08/09/itw-illinois-tool-works-hikes-dividend-rate/47249#comments</comments>
		<pubDate>Tue, 10 Aug 2010 04:36:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CBE]]></category>
		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47249</guid>
		<description><![CDATA[Illinois Tool Works Inc.’s (ITW) Board of Directors approved a 10.0% hike in the company’s quarterly dividend rate. The revised quarterly rate now stands at 34 cents per common share compared with 31 cents previously, resulting in an annual rate of $1.36 per common share. The revised dividend will be paid on October 13, to shareholders as of the close of business on September 30. Illinois Tool Works follows a consistent policy of returning cash to shareholders via dividend payments with roughly $1.7 billion distributed over the last three years. During the second quarter of 2010, the company paid around $155.8 million in dividends. Cash and cash equivalents at the end of the quarter were $1,265.2 million and net cash from operating activities was around $338.4 million. Illinois Tool Works ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/09/itw-illinois-tool-works-hikes-dividend-rate/47249/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Turns to Profit &#8211; Beats Expectations</title>
		<link>http://www.stockbloghub.com/2010/04/21/itw-illinois-tool-works-turns-to-profit-beats-expectations/34458</link>
		<comments>http://www.stockbloghub.com/2010/04/21/itw-illinois-tool-works-turns-to-profit-beats-expectations/34458#comments</comments>
		<pubDate>Wed, 21 Apr 2010 21:49:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34458</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported encouraging results for the first quarter of fiscal 2010. EPS was 58 cents, compared to a loss of 2 cents during the first quarter of fiscal 2009. EPS was slightly above the Zacks Consensus Estimate of 56 cents per share. Net income was $294.3 million, up from a loss of $39.4 million in the year-ago quarter. Increase in net income was due to an increase in revenue accompanied by a decrease in operating expense. Operating expense as a percentage of revenue decreased by 650 basis points. Net operating revenues were $3,606.4 million, up 14.6% from $3,146.4 million in the same quarter in the previous year. Revenues in the Transportation segment grew 35.6%, while Power Systems and Electronics segment revenue rose 13.7%. Increase in Transportation ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/21/itw-illinois-tool-works-turns-to-profit-beats-expectations/34458/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Reduces Earnings Guidance</title>
		<link>http://www.stockbloghub.com/2010/03/31/itw-illinois-tool-works-reduces-earnings-guidance/32420</link>
		<comments>http://www.stockbloghub.com/2010/03/31/itw-illinois-tool-works-reduces-earnings-guidance/32420#comments</comments>
		<pubDate>Wed, 31 Mar 2010 20:39:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32420</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) receives Medicare prescription drug subsidies for retiree prescription drug coverage. However, based on the Patient Protection and Affordable Health Care program, those subsidies will now be taxable. Thus, Illinois Tool expects a tax adjustment of approximately $22 million in the first quarter of fiscal 2010. The above adjustment would decrease the EPS by 4 cents. Hence, the company has revised its guidance for the first quarter and expects it to lie between $0.48 and $0.56 against the previously announced guidance of $0.52 to $0.60. Accordingly, full year fiscal 2010 guidance is also expected to fall in the range of $2.39 to $2.89 down from the previously announced guidance of $2.43 to $2.93. However, Illinois Tool reiterated its total revenue growth for both first quarter and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/31/itw-illinois-tool-works-reduces-earnings-guidance/32420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Offers Bright Operating Outlook</title>
		<link>http://www.stockbloghub.com/2010/03/18/itw-illinois-tool-works-offers-bright-operating-outlook/30923</link>
		<comments>http://www.stockbloghub.com/2010/03/18/itw-illinois-tool-works-offers-bright-operating-outlook/30923#comments</comments>
		<pubDate>Thu, 18 Mar 2010 20:56:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30923</guid>
		<description><![CDATA[Recently, Illinois Tool Works Inc. (ITW) reported a year-on-year increase of 10% in total operating revenue for the three months ended Feb 28, 2010. Base revenues contributed 2% to revenue growth, and acquisitions and currency translation added 2% and 6%, respectively. The improvement in base revenue was largely due to increased production by global automotive manufacturers as well as modest improvement in the industrial packaging and polymers and fluids end-markets. Illinois Tool Works reported encouraging results during the fourth quarter of 2009 with EPS of 98 cents, a 66% increase compared to the fourth quarter of 2008. Illinois Tool Works continues to see the benefits of ongoing restructuring activities and improvements in discrete end-markets in the most recent quarter. First quarter of 2010 will end on Mar 30, 2010. After ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/itw-illinois-tool-works-offers-bright-operating-outlook/30923/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Sees Revenue Growth</title>
		<link>http://www.stockbloghub.com/2010/02/16/itw-illinois-tool-works-sees-revenue-growth/28180</link>
		<comments>http://www.stockbloghub.com/2010/02/16/itw-illinois-tool-works-sees-revenue-growth/28180#comments</comments>
		<pubDate>Wed, 17 Feb 2010 00:19:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28180</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported operating revenue for the three months ended January 31, 2010. During the quarter, total operating revenue increased 5% year over year. The growth in revenue was due to acquisitions and currency translation, which contributed 1% and 6%, respectively. Although base revenue declined 2%, it improved versus the fourth quarter of 2009 when base revenue fell 10% on a year-over-year basis. The sequential base revenue improvement was largely due to easier January comparisons and the substantial improvement in the North American automotive OEM end market. Fourth quarter 2009 operating revenues of $3,757 million were 5% lower than the year-ago period. The company&#8217;s base revenues declined 10% with North American base revenues declining 10.9% and international base revenues decreasing 9%. During the fourth quarter of 2009, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/16/itw-illinois-tool-works-sees-revenue-growth/28180/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Analyst Coverage Initiated at Neutral</title>
		<link>http://www.stockbloghub.com/2010/01/25/itw-illinois-tool-works-analyst-coverage-initiated-at-neutral/25911</link>
		<comments>http://www.stockbloghub.com/2010/01/25/itw-illinois-tool-works-analyst-coverage-initiated-at-neutral/25911#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:43:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25911</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW), a manufacturer of a diversified range of industrial products and equipment, was recently initiated as “Neutral.&#8221; Illinois has grown through its ability to develop new and improved products and numerous acquisitions. Improvisation and development of new methods, processes and equipment along with acquisitions provide the company a big push. However, immense competitive pressure along with the huge exposure to foreign currency sales puts Illinois at a disadvantage. Illinois’s international operations contributed approximately 59% of revenues in 2008, 56% of revenues in 2007 and 51% of revenues in 2006. Therefore, Illinois is bound to be influenced by foreign currency movements. Part of Illinois’ businesses serves directly or indirectly &#8211; the construction, general industrial, automotive or food institutional/restaurant and service markets. The current global economic crisis has ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/itw-illinois-tool-works-analyst-coverage-initiated-at-neutral/25911/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ITW) Illinois Tool Works Reports Lower Sales</title>
		<link>http://www.stockbloghub.com/2009/12/15/itw-illinois-tool-works-reports-lower-sales/22921</link>
		<comments>http://www.stockbloghub.com/2009/12/15/itw-illinois-tool-works-reports-lower-sales/22921#comments</comments>
		<pubDate>Wed, 16 Dec 2009 05:37:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=22921</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported a 13% year-over-year decline in operating revenues for the three months ended Nov 30. The decline in operating revenues was driven by a 15% drop in base revenues, offset by a 2% positive contribution from acquisitions. The Power Systems and Electronics segment posted the highest year-over-year decline of 25.4%. Industrial Packaging, Food Equipment, Polymers and Fluids, Decorative Surfaces and All Other businesses revenues declined in a 10%-18% range. Revenues in the Construction Products and Transportation segments declined in single digits, compared to last year. The company said that the base revenues were higher, compared to the Aug-Oct period due to an improvement in discrete end markets, particularly automotive and construction. It forecasts a sequential revenue growth of -1% to 5% for the fourth quarter. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/15/itw-illinois-tool-works-reports-lower-sales/22921/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CAT) Earnings Season in Home Stretch &#8211; Earnings Trends</title>
		<link>http://www.stockbloghub.com/2009/11/10/cat-earnings-season-in-home-stretch-earnings-trends/20169</link>
		<comments>http://www.stockbloghub.com/2009/11/10/cat-earnings-season-in-home-stretch-earnings-trends/20169#comments</comments>
		<pubDate>Tue, 10 Nov 2009 23:46:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Eaton Corporation]]></category>
		<category><![CDATA[ETN]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20169</guid>
		<description><![CDATA[Key Points: •    Earnings Surprise Ratio (#beat/#miss) at 5.47, almost double normal •    Median Earnings Surprise  7.11%, very strong •    Year over year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.77 •    Sales Surprise Ratio at 1.37 •    Sales Growth Ratio at just 0.40 •    Total Net Income for S&#38;P 500 reported so far is 11.6% below what those same 444 firms reported a year ago, 11.8% above what they earned in the 2Q09 •    Total S&#38;P 500 Revenues reported so far down 13.4% year over year, up 2.0% from 2Q09 •    2009 Earnings Revisions ratio for full S&#38;P 500 up to 3.05, up from 2.48 last week •    2010 ratio at 2.14, down slightly from 2.17 last week •    S&#38;P500 expected to earn $570.6 billion in 2008, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/10/cat-earnings-season-in-home-stretch-earnings-trends/20169/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JOYG) The Shape of GDP</title>
		<link>http://www.stockbloghub.com/2009/11/04/joyg-the-shape-of-gdp/19575</link>
		<comments>http://www.stockbloghub.com/2009/11/04/joyg-the-shape-of-gdp/19575#comments</comments>
		<pubDate>Wed, 04 Nov 2009 21:18:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[DIA]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>
		<category><![CDATA[Joy Global]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[PACCAR Inc.]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19575</guid>
		<description><![CDATA[While last week GDP growth came in better than expected at 3.5%, which was a very welcome development, there was very little change in the coverall shape of GDP. This is a troubling development for the long term. GDP is the sum of spending by the Consumer, Private Investment, Government Spending and Net Exports. The Graph below shows the percentage each of them has contributed to overall GDP since 1947. The Consumer is still by far the dominate force in the economy, and it is becoming more so. In the 3Q, PCE, meaning the consumer, rose to 70.98% of GDP, up from 70.66% in the second quarter. That is an all-time record high. At the same time, private investment was virtually unchanged near an all-time low as a share of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/11/04/joyg-the-shape-of-gdp/19575/feed</wfw:commentRss>
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		<title>(ITW) Illinois Tool Works Beats Earnings Consensus</title>
		<link>http://www.stockbloghub.com/2009/10/21/itw-illinois-tool-works-beats-earnings-consensus/18382</link>
		<comments>http://www.stockbloghub.com/2009/10/21/itw-illinois-tool-works-beats-earnings-consensus/18382#comments</comments>
		<pubDate>Wed, 21 Oct 2009 23:43:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18382</guid>
		<description><![CDATA[Illinois Tool Works Inc. (ITW) reported modest third quarter results before the opening bell today amid an environment of generally weak end markets. Operating revenues for the quarter stood at $3.580 billion, which were 19.8% lower than the year-ago period but better than the second quarter as worldwide end markets continued to stabilize. The company&#8217;s base revenues declined 17.9% versus a year-ago quarter, with North American base revenues decreasing 21.6% and international base revenues declining 13.8%. Acquisitions added 3.6% to revenues while translation negatively impacted revenues 5.6% in the third quarter. Operating margins of 13.5% were 150 basis points lower than the year-ago quarter, base margins actually improved by 20 basis points in the quarter. Income per share from continuing operations of 60 cents was 33% lower than the year-ago ]]></description>
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		<title>(ITW) Illinois Tool Works Inc Posts Lower Revenues</title>
		<link>http://www.stockbloghub.com/2009/09/16/itw-illinois-tool-works-inc-posts-lower-revenues/15377</link>
		<comments>http://www.stockbloghub.com/2009/09/16/itw-illinois-tool-works-inc-posts-lower-revenues/15377#comments</comments>
		<pubDate>Wed, 16 Sep 2009 22:27:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Illinois Tool Works Inc.]]></category>
		<category><![CDATA[ITW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15377</guid>
		<description><![CDATA[Yesterday, Illinois Tool Works Inc. (ITW) posted operating revenues for the three months ended Aug 31. Operating revenues decreased 21% year over year primarily due to a 19% fall in base revenues and a 7% decline in contributions from currency translation. Based on the ongoing contributions from restructuring activities and improvements in discrete end markets such as automotive and construction, the company raised its earnings forecast range for the third quarter. The company is expected to spend $50 million to $70 million on restructuring efforts in the second half of the year. Illinois now expects third quarter income per share from continuing operations to be in a range of 48 cents to 56 cents, up from its prior forecast of 39 cents to 51 cents per share. Thus, total revenues ]]></description>
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