|
ITT Corp (ITT) lifted by Q2 earnings |
|
| Jul 31, 2009 05:45 PM UTC |
|
Tracked Blogger
|
Via BloggingStocks:
Filed under: Major movement, Earnings reports, Good news, Options, Technical Analysis  ITT Corp (NYSE: ITT - option chain) shares are rising today after the company reported earnings this morning, posting a second-quarter profit of $201.4 million or $1.10 per share, beating analysts' estimates of 80 cents per share. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on ITT.ITT opened this morning at $49.67. So far today the stock has hit a low of $49.25 and a high of $51.74. As of 11:40, ITT is trading at $49.80 up $1.53 (3.2%). The chart for ITT looks bullish and S&P gives ITT a positive 4 STARS (out of 5) buy ranking. Continue reading ITT Corp (ITT) lifted by Q2 earnings ITT Corp (ITT) lifted by Q2 earnings originally appeared on BloggingStocks on Fri, 31 Jul 2009 12:45:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Read the rest of original post »
|
Add Comment
Be the first to comment on this story and earn 2 points.
Your Comment
|
|
IN THE PRESS |
|
|
|
|
|
|
| About | RSS | Feedback | Contact Us | Terms of Service | Privacy |
© 2009 FinancialContent Services, Inc. |
|
Data powered by FinancialContent. All Rights Reserved. Quotes delayed at least 20 minutes unless otherwise indicated. |
|
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. |
