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Norinchukin Bank sold shares in Illinois Tool Works, which beat Q4 earnings expectations.
Norinchukin Bank reduced its holdings in Illinois Tool Works Inc. (ITW) by selling 7,371 shares, now owning 98,527 shares worth $24.98 million.
The company's CEO and CFO also sold significant shares, and ITW's fourth-quarter earnings per share surpassed analysts' expectations by $0.04, reaching $2.54.
Illinois Tool Works, with a market cap of $67.67 billion, manufactures and sells industrial products globally.
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Norinchukin Bank vendió acciones en Illinois Tool Works, lo que superó las expectativas de ganancias del cuarto trimestre.