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News Breaks
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November 23, 2009
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| 07:08 EDT |  | ITT |
| theflyonthewall.com: | ITT's low valuation appears unfounded, WSJ says | | ITT (ITT) may seem out of place as a defense and industrial conglomerate these days but its stock price has tripled over the last decade in a market clouded by crisis, according to the Wall Street Journal's "Heard on the Street". Trading at 13.5 times 2009 earnings, the company's valuation, based on the specific type of businesses it's in, deserves another look. A split off of its defense segment may make sense but that doesn't appear likely now. Reference Link :theflyonthewall.com |
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February 10, 2012
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| 16:19 EDT |  | ITT |
| theflyonthewall.com: | ITT Corp. reschedules release of Q4, FY11 financial results | | ITT Corporation announced it is rescheduling the release of its 2011 full-year and fourth-quarter earnings and 2012 guidance to February 29 due to the complexities and time required to process and review historical financial data following the spin off of ITT's defense and water businesses. :theflyonthewall.com |
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