Illinois Tool Works Inc. (NYSE:ITW) reported a total operating revenue increase of 17 percent for the three months ended July 31, 2011The Company is forecasting 2011 third quarter diluted income per share from continuing operations to be in a range of $0.95 to $1.03. The midpoint of this earnings range represents 24 percent growth versus the third quarter of 2010. The third quarter forecast assumes a total revenue growth range of 15 percent to 18 percent. For the 2011 full year, the Company is forecasting diluted income per share from continuing operations to be in a range of $4.05 to $4.21 and assumes a total revenue growth range of 16 percent to 18 percent.

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