Advertisement
ITT Provides Long-term Financial Targets
(RTTNews) - 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.
read more
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
|
737 days ago
ITT Guides FY23 Adj. EPS Just Below Estimates; Hikes Dividend 10% - Update
While reporting financial results for the fourth quarter on Thursday, ITT Inc. (ITT) initiated its adjusted earnings and revenue growth guidance for the full-year 2023. It also increased quarterly dividend by 10 percent.
RTTNews
|
776 days ago
Sensex Falls Over 700 Points; Nifty Ends Below 23,500
Indian shares fell sharply on Wednesday as caution set in ahead of the April 2 U.S. tariff deadline.
RTTNews
|
4h 16min ago
Pound Falls As U.K. Inflation Cools; Markets Focus On U.K. Spring Statement
The British pound weakened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation softened unexpectedly in February.
RTTNews
|
4h 19min ago
French Consumer Confidence Weakens
French consumer sentiment weakened in March largely due to the deterioration in households' view about future financial situation, monthly survey data from the statistical office INSEE showed on Wednesday. The consumer confidence index fell unexpectedly to 92 in March from 93 in February. The reading was expected to rise to 94.
RTTNews
|
4h 22min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews
|
4h 45min ago
UK Inflation Cools To 2.8%
UK inflation softened unexpectedly in February on lower clothing costs, data from the Office for National Statistics showed on Wednesday. The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent. Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent.
RTTNews
|
4h 49min ago
European Shares Mostly Lower As US Tariff Deadline Looms
European stocks were mostly lower on Wednesday ahead of a looming deadline for implementing additional U.S. tariffs.
RTTNews
|
5h 29min ago
