NEW YORK Oct 22 Illinois Tool Works Inc reported a higher quarterly profit on Tuesday as North American demand offset slow international markets.
The diversified manufacturer of construction materials, welding equipment and restaurant supplies reported net earnings of $524 million, or $1.12 per share, compared with $507 million, or $1.04 per share, a year earlier.
Sales dipped 2 percent to $4.50 billion, hurt by a stronger dollar, and were below Wall Street estimates of $4.58 billion.
One dead in ENI Congo oil platform fire
BRAZZAVILLE, Dec 3 One person was killed in a fire on an oil platform operated by ENI Congo off the coast of the Congo Republic city of Pointe-Noire, the government said.
Aixtron, Fujian to explore what is left of deal after U.S. veto
FRANKFURT, Dec 3 German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.