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Illinois Tool Works (ITW) Has Dropped To A 10-Month Low After Q2 Report

Illinois Tool Works (ITW) reported second quarter EPS of $1.97 Monday morning, compared to $1.69 a year ago. The result was in line with analysts' expectations.

Illinois Tool Works gapped open sharply lower this morning and is now down 10.60 at $136.26. The stock has tumbled to a 10 1/2 month low.

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