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Outlook roundup: Ill. Tool Works, Sherwin-Williams



By AP
17 July 2008 @ 10:18 am EST

Among the earnings projection stories for Thursday, July 17, from AP Financial News:

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ITW 47.91 -0.01
SHW 60.21 0.84

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GLENVIEW, Ill. (AP)--Industrial products and equipment manufacturer Illinois Tool Works Inc. on Thursday issued a third-quarter earnings prediction inline with Wall Street's expectations and raised its forecast for the year.

CLEVELAND (AP)--Paint maker Sherwin-Williams Co. on Thursday said it expects third-quarter earnings to fall from a year ago amid a weak housing sector.

COLUMBUS, Ohio (AP)--Regional bank holding company Huntington Bancshares Inc. on Thursday reduced its profit outlook for 2008, citing an increase in the amount of money it is setting aside to cover bad loans.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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