ITT Guides FY23 Adj. EPS Just Below Estimates; Hikes Dividend 10% - Update

ITT Ink 10-Year Strategic Agreement With Continental To Supply Aftermarket Brake Pads

ITT Inc. (ITT) announced Monday that the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to German automotive supplier Continental AG (CTTAY.PK). The agreement is expected to generate more than $1 billion in revenue over the term.

RTTNews | 605 days ago

ITT Provides Long-term Financial Targets

Ahead of its investor conference later on Thursday, ITT Inc. (ITT) announced long-term financial targets, which comprise 5 to 7 percent revenue growth, 20 percent adjusted segment operating margin, over 10 percent adjusted earnings per share growth, and a free cash flow margin range of 11 percent to 13 percent, all based on actual results for the year-ending December 31, 2021.

RTTNews | 882 days ago

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders react to a bunch of upbeat economic data from the region, including upbeat GDP data from Japan. Regional gains remained very modest after the U.S. Fed said it would slash interest rates carefully amid inflation pressures. Asian markets ended mixed on Thursday.

RTTNews | 5h 33min ago

Indian Markets Closed For Public Holiday

Indian stock markets remain closed today on account of Guru Nanak Jayanti.

RTTNews | 6h 34min ago

China Industrial Output Rises 5.3% On Year In October

Industrial production in China was up 5.3 percent on year in October, the National Bureau of Statistics said on Friday - slowing from 5.4 percent in September and missing expectations for 5.5 percent.

RTTNews | 6h 45min ago

Japanese Market Significantly Higher

Snapping a three-session losing streak, the Japanese stock market is significantly higher on Friday, despite the broadly negative cues from Wall Street overnight. The benchmark Nikkei 225 is moving well above the 38,800 level, with gains across all sectors led by index heavyweights and technology stocks as traders reacted to solid domestic GDP data.

RTTNews | 6h 47min ago

Thai Shares Tipped To Open In The Red On Friday

The Thai stock market turned lower again on Thursday, one day after snapping the three-day losing streak in which it had slumped almost 25 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it's expected to open under pressure again on Friday.

RTTNews | 7h 1min ago

Australian Market Notably Higher

The Australian stock market is notably higher on Friday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,200 level, with gains across most sectors led by gold miners and technology stocks.

RTTNews | 7h 22min ago

EURUSD	1.05429	GBPUSD	1.26784	AUDUSD	0.64665
USDJPY	156.454	USDCAD	1.40573	USDCHF	0.88932