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 | 969 dias atrás

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 | 1246 dias atrás

European Economic News Preview: Eurozone GDP Data Due

Flash GDP estimate and foreign trade from the euro area and final inflation figures from France are due on Friday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes final inflation data for October. According to flash estimate, consumer price inflation eased to 1.0 percent from 1.2 percent in September.

RTTNews | 1 h 54 min atrás

European Shares Likely To Open On Subdued Note

European stocks are seen opening on a sluggish note Friday as uncertainty persists over Fed rate cuts and elevated technology valuation concerns loomed.

RTTNews | 1 h 56 min atrás

Indian Shares Follow Global Peers Lower

Indian shares opened lower on Friday, mirroring weak cues from global markets as uncertainty persists over Federal Reserve interest-rate cuts and stretched valuations in technology stocks.

RTTNews | 3 h 5 min atrás

Australian Market Maintains Early Sharp Losses In Mid-market

The Australian stock market is maintaining its early sharp losses in mid-market moves on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.

RTTNews | 4 h 22 min atrás

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates. Asian markets ended mostly higher on Thursday.

RTTNews | 4 h 44 min atrás

Indian Shares Set For Muted Opening; Bihar Election Results Eyed

Indian shares are set for a muted opening on Friday as investors await the Bihar election results for directional cues.

RTTNews | 5 h 2 min atrás

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