Key Developments: Illinois Tool Works Inc (ITW)

ITW on New York Consolidated

84.06USD
17 Apr 2014
Price Change (% chg)

$0.71 (+0.85%)
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Latest Key Developments (Source: Significant Developments)

Illinois Tool Works Inc gives Q1 2014 guidance; EPS guidance in line with analysts' estimates - Conference Call
Tuesday, 11 Mar 2014 03:25pm EDT 

Illinois Tool Works Inc:Expects Q1 2014 EPS of $0.93 to $1.01.Expects Q1 2014 total revenue of 3pct to 6pct.Q1 2014 revenue of $3.573 billion and EPS of $0.98 - Thomson Reuters I/B/E/S.  Full Article

Illinois Tool Works Inc updates on FY 2014 EPS guidance - Conference Call
Thursday, 20 Feb 2014 11:25am EST 

Illinois Tool Works Inc:Expects FY 2014 earnings-per-share growth in a range between 18-24 percentage.The company reported EPS of $3.63 in FY 2013.FY 2014 EPS of $4.46 - Thomson Reuters I/B/E/S.  Full Article

Illinois Tool Works Inc declares quarterly dividend
Friday, 14 Feb 2014 02:30pm EST 

Illinois Tool Works Inc:Says it has declared a regular quarterly cash dividend of $0.42 cents per share or $1.68 per share on an annualized basis.Says dividend will be paid on Apr 8 to stockholders of record as of Mar. 31.  Full Article

Carlyle Group LP agrees to acquire Industrial Packaging Group from illinois tool works for $3.2 Bln
Thursday, 6 Feb 2014 04:22pm EST 

Carlyle Group LP:Agrees to acquire the Industrial Packaging Group (IPG) from Illinois Tool Works for $3.2 bln.Says IPG is a global manufacturer of strap, stretch, and protective packaging consumables, tools and equipment.Says transaction is subject to customary regulatory approvals and is expected to close in the middle of 2014.Says equity for the transaction will come from Carlyle Partners VI, a $13 billion U.S. Buyout fund.  Full Article

Illinois Tool Works Inc reiterates FY 2014 EPS outlook; gives FY 2014 revenue outlook below analysts' estimates; gives Q1 2014 outlook
Tuesday, 28 Jan 2014 08:01am EST 

Illinois Tool Works Inc:Says it reiterating its FY 2014 earnings forecast.Sees FY 2014 EPS to be in a range of $4.30 to $4.50.Says EPS range assumes FY 2014 total revenue growth range of 2 pct to 4 pct and organic growth of 2 pct to 3 pct.Sees Q1 2014 EPS to be in a range of $0.93 to $1.01.Sees Q1 2014 total revenue growth in a range of 3 pct to 6 pct.The company reported revenue of $14.135 bln in FY 2013.FY 2014 EPS of $4.45, revenue of $14.828 bln - Thomson Reuters I/B/E/S.Q1 2014 EPS of $0.98, revenue of $3.569 bln - Thomson Reuters I/B/E/S.  Full Article

Illinois Tool Works Inc issues FY 2014 EPS guidance in line with analysts' estimates-conference call
Friday, 6 Dec 2013 02:00pm EST 

Illinois Tool Works Inc:Expects FY 2014 EPS in the range of $4.30-$4.50.FY 2014 EPS of $4.46 - Thomson Reuters I/B/E/S Estimates.  Full Article

Illinois Tool Works Inc Declares Quarterly Dividend
Friday, 1 Nov 2013 02:48pm EDT 

Illinois Tool Works Inc announced that it has declared a regular quarterly cash dividend of $0.42 cents per share or $1.68 per share on an annualized basis. The dividend will be paid on January 7, 2014 to stockholders of record as of December 31, 2013.  Full Article

Illinois Tool Works Inc Narrows FY 2013 EPS Guidance To A Range Below Analysts' Estimates; Issues Q4 2013 EPS Guidance In Line With Analysts' Estimates
Monday, 21 Oct 2013 08:41pm EDT 

Illinois Tool Works Inc announced that for fiscal 2013, it expects diluted income per share (EPS) from continuing operations to be in a range of $3.56-$3.64. This EPS range assumes a fiscal total revenue growth range of 1.0% to 2.0%. For the fourth quarter of 2013, it expects diluted income per share from continuing operations to be in a range of $0.85-$0.93 and assumes a total revenue growth range of 2% to 5%. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $3.69 for fiscal 2013 and EPS of$0.91 for the fourth quarter of 2013.  Full Article

Illinois Tool Works Inc Lowers Q3, FY 2013 EPS Guidance; Comments Q3 2013 Charge Guidance
Tuesday, 24 Sep 2013 09:00am EDT 

Illinois Tool Works Inc announced that it revised earning per share (EPS) forecast for third quarter of 2013 and fiscal 2013, it reflects the EPS impact of Industrial Packaging moving to discontinued operations Separate from Industrial Packaging, the Company also expects to incur a $40 million discrete tax charge in the third quarter of 2013 related to foreign earnings. For fiscal 2013, it expects EPS of $3.50 - $3.66 and previous guidance is $4.10 - $4.30. For third quarter of 2013, it expects EPS of $0.84 - $0.92 and previous Guidance is $1.06 - $1.16. According to I/B/E/S estimates, analysts were expecting the Company to report EPS of $1.11 for the third quarter of 2013; EPS of $4.05 for fiscal 2013.  Full Article

Illinois Tool Works Inc Appoints Michael M. Larsen As Chief Financial Officer
Monday, 9 Sep 2013 11:00am EDT 

Illinois Tool Works Inc (ITW) announced that Michael M. Larsen has been elected senior vice president and Chief Financial Officer by ITW's board of directors.  Full Article

EU mergers and takeovers (April 4)

BRUSSELS, April 4 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

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