ITT Corporation (ITT:NYSE)
Key News About ITT Corporation (ITT)
Its members include state lawmakers, economic development officials, and industry leaders, all of whom. praise its efforts. The taxpayers pay for the majority of its more than $4 million in annual funding. But because it is a private, non-profit organization, its leaders believe it does not fall under Florida's Sunshine Law As a result, many decisions are made behind closed doors.
ITT Corporation Senior Vice President and Chief Financial Officer Denise Ramos will present at the 2009 Citi Investment Industrial Manufacturing & Transportation Conference on Thursday, November 12, 2009. Ramos' entire presentation will be webcast live at: www.itt.com/investors. About ITT Corporation.
ITT Corporation Chairman, President and Chief Executive Officer Steve Loranger will present at the Baird's 2009 Industrial Conference on Tuesday, November 10, 2009. Loranger's entire presentation will be webcast live at: www.itt.com/investors. About ITT Corporation.
ITT Corporation Senior Vice President and Chief Financial Officer Denise Ramos will present at the Goldman Sachs Global Industrials Conference 2009 on Wednesday, November 4, 2009. Ramos' entire presentation will be webcast live at: www.itt.com/investor. About ITT Corporation.
ITT Corp. reported a steep decline in third-quarter profit Friday as a charge related to potential asbestos litigation weighed down results. Net income slid to $59 million, or 32 cents per share, from $216.3 million, or $1.17 per share, during the year-earlier period. Profit from continuing operations fell to $66 million, or 36 cents per share, from $204.5 million, or $1.11 per share.
-- Earnings from continuing operations at $0.36 per share for the third quarter, or $1.03 per share excluding special items, exceeding the previous guidance midpoint by $0.18 -- Revenue for the third quarter was $2.7 billion, down six percent overall and four percent organically compared to the third quarter of 2008 -- Strong year-to-date free cash flow of $916 million, up 21% year-over-year --...
10/26/09 -- TheFortuneFinancial.com provides the highest level of independent research and investment strategies with the sole purpose of consistently identifying stocks that provide the biggest return on investment for our subscribers.

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