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Stock Market & Financial Investment News

News Breaks
November 18, 2012
13:07 EDTITWIllinois Tool Works CEO David Speer passes away; Scott Santini elected CEO
ITW is deeply saddened to announce that ITW Chairman & CEO David B. Speer has passed away after an illness. Effective immediately, E. Scott Santi, 51, has been elected CEO to succeed Mr. Speer. He has also been elected to ITW's board of directors. Mr. Santi was elected president and chief operating officer in October. At that time, he also was named acting chief executive officer in light of Mr. Speer's medical leave. Robert S. Morrison, 70, has been elected non-executive chairman of the board of directors. He was named acting non-executive chairman in October and has been an independent director since 2003.
News For ITW From The Last 14 Days
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July 9, 2014
10:02 EDTITWOn The Fly: Analyst Upgrade Summary
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07:25 EDTITWIllinois Tool Works upgraded to Buy from Hold at Argus
Argus upgraded Illinois Tool Works based on mid-single-digit sales growth and margin expansion that should result in a accelerating earnings and buybacks. Price target is $102.

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