Friday 11 December 2009

12/11 Yahoo! Finance: ITW News

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Yahoo! Finance: ITW News - Latest Financial News for ILL TOOL WORKS INC Feed My Inbox

Illinois Tool Works raises 4Q profit outlook (AP)
December 10, 2009 at 6:07 pm

Illinois Tool Works Inc. said Thursday its revenue fell 13 percent in the fourth quarter but it raised its earnings forecast for the period due to a $75 million gain from a tax audit settlement in Germany.

UPDATE - ITW raises Q4 EPS forecast on tax settlement (at Reuters)
December 10, 2009 at 4:41 pm


ITW Reports a 13 Percent Decrease in Operating Revenues for Three Months Ended November 30, 2009; Company Increases Fourth Quarter Earnings Forecast by 15 Cents Due to Favorable Tax Settlement (PR Newswire)
December 10, 2009 at 4:15 pm

Illinois Tool Works Inc. today reported an operating revenue decrease of 13 percent for the three months ended November 30, 2009. The revenue decline for the three months included a 15 percent decrease in base revenues.
 

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