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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.
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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.
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840 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.
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880 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
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25 minutes ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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37 minutes ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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41 minutes ago
European Shares Set For Lower Open With Focus On US Tariffs
European stocks look set to open broadly lower on Tuesday after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
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1h 16min ago
European Economic News Preview: Germany Foreign Trade Data Due
Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.
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1h 30min ago
Sensex, Nifty Marginally Higher In Cautious Trade
Indian shares struggled for direction on Tuesday due to renewed uncertainty over U.S. tariff policies.
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2h 30min ago
