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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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799天前
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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839天前
U.S. Dollar Rises As Traders Await FOMC Minutes
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday, as traders await the minutes from May's FOMC meeting due later in the day.
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46分钟前
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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1小时8分钟前
NZ Dollar Rises After RBNZ Rate Decision
The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected.
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1小时48分钟前
European Economic News Preview: Germany Unemployment Data Due
Unemployment from Germany and revised GDP and consumer spending from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for April. Import prices are forecast to fall 1.4 percent month-on-month, faster than the 1.0 percent decrease in March.
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2小时34分钟前
European Shares Seen Flat To Lower At Open
European stocks are seen opening flat to slightly lower on Wednesday, with Nvidia earnings and minutes from May's FOMC meeting likely to be in focus.
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2小时45分钟前
New Zealand Cuts Interest Rate By 25 Bps As Expected
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected on Wednesday, as higher trade tariffs and increased policy uncertainties overseas are set to weigh on domestic economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.25 percent. The decision was passed
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3小时7分钟前
