ITW Lowers 2008 Fourth Quarter Forecast Range for Diluted Income Per Share from Continuing Operations to $0.44 to $0.52
Posted on: Monday, 8 December 2008, 07:00 CST
The company said the latest forecast reflects significant further weakening in North American and international end markets, the negative impact from currency translation and higher than originally anticipated restructuring costs in the quarter.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitations, statements regarding operating performance, revenue growth, diluted income per share from continuing operations, end market conditions and the company's related forecasts. These statements are subject to certain risks, uncertainties and other factors which could cause actual results to differ materially from those anticipated. Important factors that could cause actual results to differ materially from the company's expectations are set forth in ITW's Form 10-Q for the 2008 third quarter.
With
SOURCE Illinois Tool Works Inc.
Source: PR Newswire
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