Key Developments: ITT Corp (ITT.N)

ITT.N on New York Stock Exchange

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17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

ITT Corp announces acquisition of Hartzell Aerospace
Wednesday, 1 Apr 2015 06:30pm EDT 

ITT Corp:Completes the acquisition of Hartzell Aerospace, a manufacturer of highly engineered and customized solutions for aerospace environmental control systems on a wide range of high-growth, next-generation aircraft platforms.  Full Article

ITT Corp expands partnership with Engineers Without Borders
Tuesday, 24 Feb 2015 07:00am EST 

ITT Corp:Says it expands partnership with Engineers Without Borders (EWB) through a commitment for the 2015 year.Says two separate donations will help fund the construction of a school in Camilo Ortega, Nicaragua, and the continued implementation of a modern irrigation system at the Santa Maria orphanage in Mexico.  Full Article

ITT Corp raises dividend by 7.5 pct
Friday, 13 Feb 2015 07:00am EST 

ITT Corp:Increasing its dividend by 7.5 pct to 11.83 cents per share.Approved cash dividend for Q1 of 2015, which will be payable on April 1 to shareholders of record as of close of business on March 13.  Full Article

ITT Corp gives FY 2015 guidance; EPS guidance in line with analysts' estimates
Friday, 13 Feb 2015 07:00am EST 

ITT Corp:Expects FY 2015 total revenue down 1 pct. to 3 pct.; organic revenue up 1 pct. to 3 pct.Expects FY 2015 GAAP EPS to be in range of $1.80 to $2.01.Expects FY 2015 adjusted EPS to be in the range of $2.55 to $2.65 per share, up 5 percent at mid-point and up 13 pct. at mid-point excluding impact of foreign exchange.FY 2015 revenue of $2.656 billion and EPS of $2.61 - Thomson Reuters I/B/E/S.  Full Article

ITT Corp raises FY 2014 EPS guidance and reaffirms FY 2014 revenue guidance
Friday, 31 Oct 2014 07:00am EDT 

ITT Corp:Raised FY 2014 EPS guidance and updated FY 2014 total revenue guidance.Expects FY 2014 GAAP EPS to be in the range of $2.01-$2.06.Expects FY 2014 adjusted EPS raised by $0.03 at the mid-point resulting in a new adjusted EPS range of $2.42 to 2.47.Maintains FY 2014 organic and total revenue growth to be in the range of 5 to 6 pct versus the prior year.Reported revenue of $2.496 bln in FY 2013.FY 2014 EPS of $2.44 on revenue of $2.66 bln - Thomson Reuters I/B/E/S.  Full Article

ITT Corp declares fourth-quarter dividend of 11 cents per share
Wednesday, 8 Oct 2014 04:45pm EDT 

ITT Corp:Declares a fourth-quarter cash dividend of 11 cents per share on the company's outstanding stock.Payable Dec. 31, to shareholders of record on Dec. 12.  Full Article

ITT Corp declares cash dividend
Wednesday, 6 Aug 2014 04:00pm EDT 

ITT Corp:Declares a third-quarter cash dividend of 11 cents per share.Payable Oct. 1, to shareholders of record on Sept. 12.  Full Article

ITT Corp raises FY 2014 outlook
Thursday, 31 Jul 2014 07:00am EDT 

ITT Corp:Increases FY 2014 total revenue growth guidance to a range of 5 to 7 pct and FY 2014 organic revenue growth guidance to a range of 5 to 6 pct, respectively, versus the prior year.Raises FY 2014 earnings per share guidance.Says FY 2014 GAAP EPS is expected to be in the range of $1.58 to $1.69.Says FY 2014 Adjusted EPS is expected to be in the range of $2.38 to $2.46 compared to a previous range of $2.28 to $2.36.Reported revenue of $2.496 bln in FY 2013.FY 2014 revenue of $2.647 bln, EPS of $2.35 - Thomson Reuters I/B/E/S.  Full Article

ITT Corp declares second-quarter cash dividend of 11 cents per share
Tuesday, 20 May 2014 04:30pm EDT 

ITT Corp:Declares second-quarter cash dividend of 11 cents per share on the company's outstanding stock.This cash dividend will be payable July 1, 2014, to shareholders of record as of the close of business on June 13, 2014.  Full Article

ITT Corp updates FY 2014 revenue outlook; raises FY 2014 EPS outlook
Thursday, 1 May 2014 07:01am EDT 

ITT Corp:Maintains FY 2014 total and organic revenue guidance.Expects FY 2014 organic revenue guidance in the range of 4 to 6 pct versus the prior year.Expects FY 2014 adjusted earnings per share to a range of $2.28 to $2.36 from a previous range of $2.23 to $2.33.Reported revenue of $2.496 bln in FY 2013.FY 2014 revenue of $2.649 bln, EPS of $2.31 - Thomson Reuters I/B/E/S.  Full Article

Takeover of UTC's Sikorsky helicopter unit seen less likely, for now

March 12 - United Technologies Corp's Sikorsky helicopter unit could be acquired by another big defense company, but the potential for a big tax bill means the maker of Black Hawk helicopters will more likely be spun off into a standalone company, analysts said.

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