Illinois Tool Works Inc
Latest Illinois Tool Works Inc News and Updates
Raymond James Downgrades Leggett & Platt to ‘Market Perform’
Leggett & Platt (LEG) has a market capitalization of $7.2 billion. The stock fell by 1.3% to close at $51.87 per share on August 1, 2016.
Leggett & Platt Will Discuss Its Target and Opportunities on September 14
LEG rose by 0.27% to close at $51.84 per share during the fifth week of August, with weekly, monthly, and YTD price movements were 0.27%, -1.8%, and 25.1%.
How Manitowoc’s 3Q results reflect “muted demand environment”
Manitowoc has a global footprint with presence in all major geographies and serves diversified end markets.
How Komatsu Benefits from Acquiring Joy Global
From its acquisition of Joy Global, Komatsu expects to double the size of its manufacturing equipment business and to strengthen its core mining business.
Why Mining for Profits Proved Ineffective for Joy Global
Mining equipment supply and services to US coal mining companies accounted for 76% of Joy Global’s US revenue.
Inside Joy Global’s Fiscal 2Q16 Revenue Drop across Segments
Joy Global’s (JOY) fiscal 2Q16 revenues came in at $602 million, which was below the analyst estimate of $606 million.
How Big Is Komatsu in the Construction and Mining Equipment Space?
Komatsu is the largest manufacturer of construction and mining equipment in Japan. Its the second-largest globally, after US-based Caterpillar (CAT).
Lincoln Electric’s Position in Global Welding and Cutting Industry
The global welding product market is expected to grow at a CAGR of 4.5% until 2020. The market is expected to touch $23.8 billion by the end of 2020.
Cummins Stock Up on Q3 2018 Earnings Beat
Cummins (CMI) reported its third-quarter earnings today before the markets opened. The engine manufacturer (IYJ) beat Thomson Reuters’ adjusted EPS estimate by a wide margin.
3M Announces 100% Global Renewable Electricity Goal
In a press release today, 3M (MMM) announced that it’s committed to implementing a 100% renewable electricity program in all of its facilities around the world.
Deere Announces Regular Quarterly Dividend
In a press release today, Deere (DE) announced the key dates for the first quarter of 2019’s dividend.
The 3M Company Announces Leadership Changes
Today, the 3M Company made an announcement that its board of directors would be nominating CEO Mike Roman to the position of chairman.
How Caterpillar Stock Performed since Its Q3 Earnings
In a press release on January 14, Caterpillar said that it will announce its fourth-quarter earnings results before the market opens on January 28.
3M and ON Semiconductor Collaborate to Improve Road Safety
On January 9, 3M (MMM) announced that it has entered into a collaboration with ON Semiconductor to improve the road safety.
Deere Raised Its Cash Dividend: Second Increase in 2018
To be eligible for the dividend, investors should hold Deere stock as of December 31. Deere is expected to pay dividends on February 1.
Illinois Tool Works: Analysts’ Recommendations
Among the 21 analysts tracking Illinois Tool Works stock, 19% recommended a “buy,” 67% recommended a “hold,” and 5% recommended a “sell.”
Illinois Tool Works’ Dividend Yield Is Rising
As of December 20, Illinois Tool Works’ dividend yield stood at 2.84%—an increase of 32 basis points compared to the third quarter.
Illinois Tool Works’ Fourth-Quarter Dividend
In the first three quarters of 2018, Illinois Tool Works has generated a free cash flow of $1.72 billion.
Stanley Black & Decker’s Q4 2018 Dividend: Key Dates and Rates
For the fourth quarter, Stanley Black & Decker declared a dividend of $0.66 per share.
ITW’s Debt Declines, Debt-to-Equity Continues to Rise
Illinois Tool Works (ITW), a specialized industrial equipment manufacturer, reported debt of $7.40 billion at the end of the third quarter.
Cummins Introduced a New Diesel Generator Series
Cummins (CMI) announced that it would display the new QSG12 50 HZ diesel generator series at the MATELEC show in Madrid, Spain.
Stanley Black & Decker Investor Update: Debt Pricing
SWK stock bounced back sharply after falling due to its third-quarter earnings. The stock gained 12.7% and closed at $124.24 last week.
Illinois Tool Works: Q3 Earnings Beat the Estimates
Illinois Tool Works (ITW) reported its third-quarter earnings on October 24. The company reported an EPS of $1.90.
How Did Caterpillar’s Resource Industries Segment Perform in Q3?
Caterpillar’s (CAT) Resource Industries segment is the smallest contributor to the company’s overall revenue.
Emersion Electric’s Dividend Woes
Emersion Electric’s (EMR) 2016 net sales fell 11.0% due to a fall in every segment.
Behind General Electric’s 2Q17 Revenue Slump
GE proved analysts wrong by surpassing their 2Q17 revenue estimates of $28.9 billion. However, the most vivid aspect of its results was the 12% fall in its quarterly revenue.
How Analysts View General Electric Leading Up to 1Q17
In this article, we’ll review analysts’ recommendations for General Electric (GE) ahead of its 1Q17 earnings release on April 21, 2017. Wall Street analysts seem to be divided over GE.
Why Is NextEra Energy Expected to Grow 15% in 2017?
Dominion Resources and NextEra Energy fell the least in the utilities sector on December 28. NextEra Energy is a leading clean energy company.
This Sector Has Been Good for the Franklin Growth Fund in 2016
The Franklin Growth Fund Class A has done well enough YTD in 2016 to place among the top three funds among the group of 12 we’re reviewing in this series.
Can Lincoln Electric Increase Its Dividend Payouts in Fiscal 2016?
For fiscal 2016, Lincoln Electric is targeting $400 million of share repurchases while $399 million was achieved in fiscal 2015.
Is General Electric Attractively Valued?
As a large industrial conglomerate, GE’s performance relates to the performance of the macroeconomy. So you could say it’s cyclical in nature.
How Wall Street Views Dover Corporation’s 2Q16 Earnings
The diversified industrials company Dover Corporation (DOV) is expected to declare its 2Q16 earnings on July 19, 2016. In 1Q16, Dover’s management downgraded its sales guidance, citing weaker fundamentals in the oil and gas markets
Will General Electric Maintain Guidance for Fiscal 2016 after Q2?
General Electric (GE) is scheduled to release its 2Q16 earnings on July 22. The release will contain key financial and operating metrics from April 1 through June 30.
What Drove Stanley Black & Decker’s Industrials Segment?
Stanley Black & Decker’s industrials segment is its smallest business unit by sales contribution.
Stanley Black & Decker’s Tools and Storage: Global Sales
Stanley Black & Decker (SWK) derives more than half of its tools and storage sales from the United States, making it the company’s largest regional market.
Has Lincoln Electric Outperformed Its Peers?
For fiscal 2015, Lincoln Electric (LECO) successfully gave back $486 million to its shareholders.
Why Middleby Corporation’s Income Fell in 3Q15
The PowerShares DWA Consumer Cyclicals Momentum ETF invests 2.0% of its holdings in Middleby. The ETF tracks an index of US consumer cyclical firms.