Defense Expenditure in Romania to 2015 - Industry Dynamics and Competitive Landscape: Market Profile
- Published: August 2011
The outlook for U.S. based-Illinois Tool Works Inc.'s global industrial markets continues to gradually improve. We expect that the company's operating performance recovery since the second half of 2009 will continue. This should lead to credit measures returning to levels that are consistent with our ratings expectations, despite a likely increase in acquisition activity in the next two years. We are affirming the ratings on the company, including the 'A+' corporate credit rating. We are also revising the outlook to stable from negative. On March 25, 2010, Standard & Poor's Ratings Services affirmed its ratings on Glenview, Ill.-based Illinois Tool Works Inc. (ITW), including the 'A+' long-term corporate credit rating and 'A-1' commercial paper rating. We also revised the outlook...
Companies mentioned in this report are: Illinois Tool Works Inc.,ITW Finance Europe S.A.
Action: Outlook: Stable
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
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Illinois Tool Works Inc.,ITW Finance Europe S.A.
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