Monday, August 16, 2010

ITW Talk to Me Baby

ITW (ITW) issued an abbreviated earnings release which I am not sure meets Reg FD standards. No income statement, balance sheet or sources and uses of cash were included. They threw in a few points about sales and revenue gains and called it an earnings release. No management discussion of anything meaningful. Ten days ago they increased the dividend by 10% citing strong free cash flow.

Talk to me baby. Say something an investor would understand. Anything for a start.

Disclosure: No position in any stocks mentioned in this post.