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Bullish on ITT ...
ITT
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+24.37%
in
187 days
ITT CEO Reaffirms 2009 Earnings Outlook Monday, May 18, 2009 8:30:02 AM ET ITT Corporation (ITT ) Chairman, President and Chief Executive Officer Steve Loranger today will reaffirm the company’s full-year 2009 earnings outlook from continuing operations of $3.20 to $3.60 per share, excluding the net impact of tax and other special items. Loranger’s comments will be made today during his presentation at the 2009 Electrical Products Group Annual Spring Conference in Longboat Key, Florida. Loranger will also reaffirm the company’s full-year 2009 revenue guidance of $10.6 billion to $11.0 ...
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From the Blogosphere
ITT Corporation Beats Estimates – Analyst Blog
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<>
ITT Corporation (ITT) reported third quarter 2009 net income from continuing operations of $190 million or $1.03 per share, exceeding the Zacks Consensus Estimate of 89 cents.
The results included the effects of improved operating performance primarily driven by productivity initiatives. Revenue for the quarter was $2.7 billion, down 6% year-over-year and down 4% excluding the impact of foreign exchange and acquisitions on a comparable basis.
In the Defense Electronics & Services segment, revenue of $1.57 billion was up 2% over the comparable period in 2008. The segment recorded growth in...
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Flowserve Beats Zacks Consensus – Analyst Blog
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Flowserve Corporation (FLS) announced third quarter 2009 fully diluted EPS of $2.07, up 3 cents or 1%, including realignment charges of 5 cents per share. This was higher than the Zacks Consensus Estimate of $2.00 per share.
Bookings for the quarter were $975 million, down 29%, or 26% excluding negative currency effects of $37 million. Sales for the quarter were $1.05 billion, down 9%, or 5% excluding negative currency effects of $47 million.
Gross margin increased 150 basis points to 36.6%, including realignment charges of 20 basis points. Flowserve also posted a quarterly operating marg...
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Company News for October 30, 2009 – Corporate Summary
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• Sony (NYSE:SNE) said weak cell phone sales and lower PlayStation III console prices resulted in another quarterly loss. The firm also said full-year prospects improved from the company's aggressive cost-cutting measures • Alcatel-Lucent (NYSE:ALU) reported its twelfth straight quarterly loss of $269 million. The firm said it expects operating results to break even by yearend <>• Duke Energy (NYSE:DUK) reported third quarter earnings one cent above Zacks estimates at 40 cents, as revenues of $3.4 billion were below Zacks estimates of $4.25 billion. The company noted, "Industry sales vo<><><><><><>< /><><>< /><>< /><>< />< />...
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I once again own DGI upon the successful launch of the EndOfWhatWasLeftOfPrivacy II
With this satellite doubling the amount of coverage the company will have and putting them several years ahead of the competition, these shares have room for some serious appreciation going into 2010.
Especially if they get that nude shot of Meagan Fox.
Fingers crossed.
From the CEO:
"The successful launch of WorldView-2 is an important milestone for the industry
and for DigitalGlobe," said Jill Smith, chairman and chief executive officer of
DigitalGlobe. "Once commissioned, WorldView-2 will effectively double
Digit...
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ITT Corp (ITT) lifted by Q2 earnings
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About ITT Corp.
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