International Business News - Works http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Last week, House Democrats unveiled an ambitious economic plan to help Oregon weather the economic storm ahead. Spending hundreds of millions of dollars on state-funded construction projects could create thousands of jobs, they said. http://www.ibtimes.com/articles/20081201/oregons-economic-question-do-public-works-work.htm Mon, 01 Dec 2008 11:04:23 EST Connecticut Gov. M. Jodi Rell has asked state agencies to come up with a list of projects that are ready to be built if the state receives federal stimulus funding. http://www.ibtimes.com/articles/20081128/conn-gov-wants-list-of-shovel-ready-projects.htm Fri, 28 Nov 2008 14:48:50 EST American Water Works Co., a water and wastewater utility company, said Wednesday that its financing subsidiary completed its public offering consisting of $75 million of 10 percent senior monthly notes due in 2038. http://www.ibtimes.com/articles/20081126/american-water-works-completes-notes-offering.htm Wed, 26 Nov 2008 11:20:19 EST Industrial products maker Illinois Tool Works Inc. on Monday said operating revenue rose 8.8 percent for the three months ended Oct. 31 due to acquisitions and currency translation, but lowered the top end of its 2008 earnings forecast. http://www.ibtimes.com/articles/20081117/illinois-tool-works-operating-revenue-rises.htm Mon, 17 Nov 2008 10:00:41 EST Illinois Tool Works Inc. said its board declared a regular quarterly dividend of 31 cents. The industrial products manufacturer said the dividend is payable Jan. 13 to shareholders of record on Dec. 31. http://www.ibtimes.com/articles/20081031/illinois-tool-works-sets-31-cent-dividend.htm Fri, 31 Oct 2008 18:36:01 EDT Shares of Stanley Works fell Monday as an analyst downgraded the toolmaker, citing tight credit and a potential severe recession. Nigel Coe of Deutsche Bank-North America said in a note to investors that he lowered Stanley Works to "Sell" from "Hold." http://www.ibtimes.com/articles/20081027/analyst-downgrades-stanley-works.htm Mon, 27 Oct 2008 18:19:06 EDT The Stanley Works on Tuesday said second-quarter profit soared 80 percent as the tool maker raised prices to help offset economic weakness and a soft housing market that have crimped demand for the company's products. http://www.ibtimes.com/articles/20081021/higher-prices-boost-stanley-works-3q-profit.htm Tue, 21 Oct 2008 07:57:20 EDT An analyst lowered his price target for Illinois Tool Works Inc. on Friday, a day after the engineered products maker reported an 8 percent drop in third-quarter earnings. http://www.ibtimes.com/articles/20081017/analyst-cuts-illinois-tool-works-price-target.htm Fri, 17 Oct 2008 09:25:35 EDT Illinois Tool Works Inc., which makes engineered industrial products, on Thursday raised the low end of its 2008 forecast range for earnings from continuing operations. http://www.ibtimes.com/articles/20081016/illinois-tool-works-improves-2008-outlook-range.htm Thu, 16 Oct 2008 10:22:06 EDT Engineered products maker Illinois Tool Works Inc. said Thursday its third-quarter profit declined nearly 8 percent as higher expenses offset a revenue gain. http://www.ibtimes.com/articles/20081016/illinois-tool-works-says-3q-profit-down-8-percent.htm Thu, 16 Oct 2008 10:15:29 EDT Industrial products and equipment manufacturer Illinois Tool Works Inc. lowered its third-quarter and full-year outlook Tuesday, citing the effects of divestitures and a downturn in North American markets. http://www.ibtimes.com/articles/20081007/illinois-tool-works-cuts-outlook-for-3q-year.htm Tue, 07 Oct 2008 10:40:34 EDT Bath Iron Works Corp., a business of General Dynamics Co. in Bath, Maine, has won an $83.4 million modification to a previously awarded Navy contract for yard services. http://www.ibtimes.com/articles/20080930/bath-iron-works-wins-83-4m-navy-contract.htm Tue, 30 Sep 2008 12:32:28 EDT Tool maker Stanley Works said Monday it closed an offering of senior notes worth $250 million and will use the proceeds to pay debt and fund general purposes. http://www.ibtimes.com/articles/20080929/stanley-works-offers-250-million-in-notes.htm Mon, 29 Sep 2008 16:53:35 EDT Illinois Tool Works Inc., which makes industrial equipment, said Tuesday its three-month operating revenue increased 10.1 percent, citing contributions from translations and acquisitions. http://www.ibtimes.com/articles/20080916/illinois-tool-works-reports-higher-3-month-revenue.htm Tue, 16 Sep 2008 11:11:03 EDT Equipment manufacturer Illinois Tool Works Inc. said Friday its sales for the three months ended July 31 rose 11.4 percent on contributions from translation, acquisitions and base revenue. http://www.ibtimes.com/articles/20080815/illinois-tool-works-3-month-sales-rise-11-pct.htm Fri, 15 Aug 2008 10:27:54 EDT Water and wastewater utility American Water Works Co. Inc. said Tuesday its second quarter profit fell nearly 8 percent on higher operating expenses. For the quarter ended June 30, net income dropped to $45.5 million, or 28 cents per share, from $49.2 million, or 31 cents per share in the 2007 quarter. http://www.ibtimes.com/articles/20080812/american-water-2q-profit-falls-on-expenses.htm Tue, 12 Aug 2008 09:20:28 EDT Equipment maker Illinois Tool Works Inc. said Monday it plans to sell several businesses, including its decorative surfaces segment. The segment consists of Wilsonart, which Illinois Tool Works acquired in 1999, and its related laminate businesses. http://www.ibtimes.com/articles/20080811/illinois-tool-works-to-sell-businesses.htm Mon, 11 Aug 2008 09:16:39 EDT Equipment manufacturer Illinois Tool Works Inc. said Friday it raised its quarterly dividend 3 cents to 31 cents. The quarterly dividend will be paid on Oct. 14 to shareholders of record as of Sept. 30. http://www.ibtimes.com/articles/20080808/illinois-tool-works-raises-dividend.htm Fri, 08 Aug 2008 12:54:34 EDT Water and wastewater utility company American Water Works Inc. said Monday its board declared a quarterly cash dividend of 20 cents per share. The dividend is payable Sept. 2 to shareholders of record on Aug. 15. http://www.ibtimes.com/articles/20080728/american-water-works-sets-quarterly-dividend.htm Mon, 28 Jul 2008 12:57:29 EDT Shares of The Stanley Works climbed more than 10 percent in trading Tuesday before falling off slightly, one day after the tool maker reported better-than-expected revenue figures. http://www.ibtimes.com/articles/20080722/stanley-works-shares-up-a-day-after-2q-earnings.htm Tue, 22 Jul 2008 14:09:49 EDT