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United States

ITT Inc (ITT.N)

ITT.N on New York Stock Exchange

40.37USD
30 Nov 2016
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Fri, Nov 4 2016

BRIEF-ITT announces agreement to acquire Axtone

* Transaction represents a cash consideration of approximately $118 million

BRIEF-ITT reports Q3 GAAP earnings per share $0.98

* Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S

BRIEF-ITT elects Nicholas C. Fanandakis to its board of directors

* ITT elects Nicholas C. Fanandakis to its board of directors

BRIEF-ITT declares Q4 dividend of 12.4 cents/shr

* ITT declares fourth-quarter dividend of 12.4 cents per share Source text for Eikon: Further company coverage:

BRIEF-ITT Inc Q2 earnings per share $0.36

* Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S

BRIEF-ITT to reduce cost structure of business in response to "weak oil and gas prices"

* Finalized several restructuring actions in company's industrial process business

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