Question-and-Answer Session
Operator
Your next question comes from Kenneth Zener - Merrill Lynch.
Analyst for Kenneth Zener - Merrill Lynch
Your 4Q guidance, it seems to have remained relatively stable, maybe be even declined slightly from what was implied last quarter despite the $4.3 million buybacks. Am I thinking about this correctly? It this mainly due to just incremental commodity inflation or a more cautious outlook on sales? What else could be going on there?
Mike Mangan
I think you’re thinking about it correctly. If you just look at quarter-on-quarter guidance and look at the math from share repurchase our guidance for the fourth quarter is a bit more cautious than it would have been implied last quarter. So a little more cautious on the outlook for one, a little incremental commodity inflation two, and as a result you’re seeing the $1.55 to $1.65 guidance for the fourth quarter.
Analyst for Kenneth Zener - Merrill Lynch
You’d previously mentioned, I think back in Q1 that there is a couple of bolt-on acquisitions in the pipeline that you are pretty optimistic about. Are you still looking at these? Generally, how is the acquisition environment looking?
Mike Mangan
We continue to look at a handful of opportunities is maybe the best way to characterize that. There’s one earlier on in the year that I’ve mentioned which was probable, it is still on the drawing board. I would characterize it now as possible as opposed to probable, but that as well as a handful of others are acquisition opportunities we’re continuing to evaluate.
In terms of the overall market, certainly deal flow has slowed. To this point, I’m not sure we’ve seen a significant change in pricing expectations, but you would expect over time that those will probably come in, not only because of the amount of money chasing deals, less leverage obviously but as well probably a bit more cautious outlook in the underlying businesses.
Again we still have a handful that we’re looking at, continuing to evaluate that and hopefully we’ll be able to bring one or more of those to the finish line in the coming months.
Operator
Your next question comes from Michael Rehaut - JP Morgan.
Michael Rehaut - JP Morgan
Just going back to the power tools segment and you continue to look for a positive contribution in the fourth quarter from DPX and the nano Lithium-ion lines. If you look at ?07 and perhaps are looking at ?08 in terms of the overall net impact from new products, as far as I understand, for ?07 perhaps or even ?06, the new product contribution may have been a little bit less than previous years.
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