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In The News:

Illinois Tool Works Sales Up 6.7% in 2Q

Illinois Tool Works Inc. (NYSE: ITW), Glenview, IL, reported sales for the second quarter of $3.8 billion, up 6.7 percent compared to the prior year. Profit increased 13.5 percent to $666 million. Organic sales increased 4 percent.

For the first six months, the company reported sales of $7.6 billion, up 7 percent from the same period a year ago. Profit increased 18.2 percent to $1.3 billion.

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