ITW profits hold steady despite demand slowdown
![](https://news.medill.northwestern.edu/chicago/wp-content/uploads/sites/3/2016/01/ITW-pic.jpg)
By H. Will Racke Illinois Tool Works Inc. managed to beat earnings expectations for the fourth quarter even as profits remained flat amid a challenging market for industrial goods. In the latest quarter, the Glenview, Ill.-based manufacturing conglomerate posted net income of $450 million, or $1.23 per diluted share, in a performance that was identical […]