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March 6, 2013
17:37 EDTITWIllinois Tool Works, Relational, Batchelder in one-year extension of pact
On March 1, Illinois Tool Works and Relational Investors, David H. Batchelder, and certain other Relational affiliates entered into a one-year extension of the letter agreement they had entered into on January 13. The extension provides Relational with an option to appoint Mr. Batchelder to the ITW board of directors at Relational's request any time before the ninetieth day prior to ITW's 2014 Annual Meeting of Stockholders. Should Mr. Batchelder join the company's board, ITW agrees to re-nominate him at the Company's 2014 Annual Meeting of Stockholders for a customary one-year term. During the term of the agreement, Relational has agreed to support the company's recommendations for
News For ITW From The Last 14 Days
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January 27, 2015
08:06 EDTITWIllinois Tool Works backs FY15 EPS view of $5.15-$5.35, consensus $5.25
Organic revenue growth for the year is expected to be 2.5%-3.5%. Total revenue for the year is projected to decline 1%-2% due to the impact of foreign currency translation.
08:05 EDTITWIllinois Tool Works sees Q1 EPS $1.13-$1.21, consensus $1.19
Sees Q1 organic revenue growth and total revenue to decline 2%-3% due to the impact of currency translation.
08:03 EDTITWIllinois Tool Works reports Q4 EPS $1.18, consensus $1.13
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January 26, 2015
15:40 EDTITWNotable companies reporting before tomorrow's open
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