Illinois Tool Works Incorporated

Illinois Tool Works Inc.'s Miller Electric Manufacturing Co, subsidiary, citing a slowdown in demand for its products, said it intends to eliminate 95 jobs, or about 6 percent of its 1,500-person workforce. Illinois Tool Works, based in Glenview, is a...

Illinois Tool Works Inc.'s Miller Electric Mfg. subsidiary, citing a slowdown in demand for its products, said Wednesday that it intends to eliminate 95 jobs, or about 6 percent of Miller Electric's 1,500-person workforce. Illinois Tool, based in north...

3M Co. said Wednesday that it and Illinois Tool Works have reached a settlement of a two-year-old lawsuit in which 3M claimed ITW infringed on a 3M patent. The St. Paul, Minnesota industrial giant didn't disclose terms of the settlement, which involved a...

Another day, but not just another roller coaster ride on Wall Street. The Dow Jones industrial average finished its worst week ever with its biggest point swing in history Friday, leaving policymakers to consider alternatives over the weekend before...

BANK OF AMERICA -$8.45 (26%) to $23.77 Shares of the banking giant had their biggest percentage drop in more than 25 years after it announced late Monday plans to cut its dividend in half and sell $10 billion in stock. Other bank stocks fell, with...

Monday: Earnings: Citigroup Inc.; Eaton Corp.; Genentech Inc.; Mattel Inc.; Nuveen Investments Inc.; Sonic Corp.; W.W. Grainger Inc. Tuesday: September industrial production Earnings: CSX Corp.; Equity Lifestyles Properties Inc.; Forest Laboratories Inc....

Amid rising investor nervousness, volatility and turmoil in debt markets stemming from defaults on subprime mortgages, Chicago-area stocks managed to largely hold their own over the last three months. Perhaps surprisingly, there were only a dozen...

First, options were the problem. Now, in some eyes, the solution is the problem. Amid a backlash against corporate excesses and the move to have them count as an expense against the bottom line, options have been losing favor with more and more...

One can imagine tense, closed-door negotiations between a small cadre of Legg Mason Inc. and Citigroup Inc. executives, hunched over calculators and paperwork, trying to decide how the companies would swap parts of their businesses. But that's just it...

Monday's events at McDonald's Corp. are a wake-up call for companies without second-in-command executives. Most corporate boards have contingency plans for the sudden death or disability of a chief executive, such as tapping a senior board member as...

Chicago-area stocks have not gotten off to a particularly good start in 2003. As market benchmarks look to break the first three-year losing streak since World War II, the biggest local companies endured a rocky first quarter, with a few, mostly limited,...

Stock prices face potentially sharp adjustments to new global economic realities as soon as trading resumes. Trading has been frozen since last Monday, but investor sentiment toward equities has ebbed and flowed with each news headline. Generally,...