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Illinois Tool Works Inc. - $ITW STOCK NEWS

Welcome to our dedicated page for Illinois Tool Works news (Ticker: $ITW), a resource for investors and traders seeking the latest updates and insights on Illinois Tool Works stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Illinois Tool Works's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Illinois Tool Works's position in the market.

Rhea-AI Summary
Illinois Tool Works Inc. will release its Q3 2023 results on October 24, 2023. Earnings webcast to follow at 9:00 a.m. CDT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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Rhea-AI Summary
ITW announces succession plan. Christopher A. O’Herlihy to become CEO, E. Scott Santi to become Non-Executive Chairman. Transition supports ITW's Enterprise Strategy. O’Herlihy has been with ITW for 34 years. Santi's tenure increased market cap from $23B to $74B.
Rhea-AI Impact
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End-of-Day
-2.38%
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Rhea-AI Summary
Miller Electric Mfg. LLC has released the new Millermatic 142 MIG welder, a lightweight machine in the 140-amp class. The machine is easy to set up and use, with Auto-Set™ technology and a digital segment display. It weighs less than 40 pounds and has a rated output of 100 amps at 60% duty cycle. The Millermatic 142 replaces the Millermatic 141 in the lineup.
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End-of-Day
-2.03%
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Rhea-AI Summary
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-1.43%
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management dividends
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Rhea-AI Summary
Illinois Tool Works Inc. reports strong Q2 2023 results with revenue of $4.1 billion, an increase of 2% and record operating income of $1.01 billion, up 9%. The company raises its full-year GAAP EPS guidance by $0.10 to a range of $9.55 to $9.95 per share.
Rhea-AI Impact
Rhea-AI Sentiment
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-4.36%
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Rhea-AI Summary
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-1.47%
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1.37%
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management dividends
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-4.65%
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0.8%
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1.78%
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Illinois Tool Works Inc.

NYSE:ITW

ITW Rankings

ITW Stock Data

73.16B
271.40M
0.72%
82.78%
2.38%
All Other Miscellaneous General Purpose Machinery Manufacturing
Manufacturing
Link
United States of America
GLENVIEW

About ITW

Illinois Tool Works Inc. is a manufacturer of a range of industrial products and equipment. Their segments include Automotive OEM, Food Equipment, Test & Measurement and Electronics