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Stock Market & Financial Investment News

News Breaks
February 19, 2013
09:04 EDTITWIllinois Tool Works announces strategic review of industrial packaging segment
Illinois Tool Works announced that it is initiating a review process to explore strategic alternatives for its Industrial Packaging segment. The Industrial Packaging segment designs and manufactures steel, plastic, and paper products used for bundling, shipping, and protecting transported goods. The segment includes such well known brands as Signode, Strapex, Angleboard and Mima among others and had 2012 revenues of approximately $2.4B. To assist the company in evaluating its strategic alternatives, ITW has retained J.P. Morgan Securities LLC and Goldman, Sachs & Co. as its financial advisers.
News For ITW From The Last 14 Days
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January 27, 2016
08:53 EDTITWIllinois Tool Works to hold a conference call
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08:08 EDTITWIllinois Tool Works backs FY16 EPS $5.35-$5.55, consensus $5.43
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08:07 EDTITWIllinois Tool Works sees Q1 EPS $1.20-$1.30, consensus $1.28
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08:06 EDTITWIllinois Tool Works reports Q4 EPS $1.23, consensus $1.21
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January 26, 2016
14:32 EDTITWNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Novartis (NVS), consensus $1.18... Boeing (BA), consensus $1.26... United Technologies (UTX), consensus $1.52... Biogen (BIIB), consensus $4.08... EMC (EMC), consensus 65c... General Dynamics (GD), consensus $2.38... Anthem (ANTM), consensus $1.22... Illinois Tool Works (ITW), consensus $1.21... State Street (STT), consensus $1.18... Norfolk Southern (NSC), consensus $1.24... Progressive (PGR), consensus 47c... St. Jude Medical (STJ), consensus $1.01... Rockwell Automation (ROK), consensus $1.33... Textron (TXT), consensus 83c... Hess (HES), consensus ($1.47)... Cliffs Natural (CLF), consensus (26c).
January 25, 2016
09:19 EDTITWIllinois Tool Works to acquire EF&C business from ZF TRW for about $450M
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