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ITT Inc (ITT) RSS Feed

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0
Posters
12
Posts (Today)
0
Posts (Total)
32
Created
03/10/08
Type
Free
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Headquarters 4 West Red Oak Lane White Plains, NY 10604 Phone: 914-641-2000 Fax: 914-696-2950 www.itt.com Sector: Industrial Goods Industry: Diversified Machinery Full time employees: 39,700 Background ITT Corporation engages in the design and manufacture of engineered products, as well as provides related services worldwide. Its Fluid Technology segment provides fluid systems and solutions for the wastewater, residential and commercial water, industrial and biopharm, and water treatment markets. This segment also engages in the design, development, production, sale, and after-sale support of pumps, mixers, controls, and treatment systems for municipal, industrial, residential, agricultural, and commercial applications. The company's Defense Electronics and Services segment provides systems integration, communications, engineering, and technical support solutions; and research, technologies, and engineering support services to the government, industrial, and commercial customers. It also provides defense electronics, such as wireless networking systems for tactical communications; night vision equipment; electronic warfare technologies for military aircraft; and military and civilian air traffic control systems, and air defense radars. ITT's Motion and Flow Control segment designs and manufactures connectors, interconnects, cable assemblies, multi-function grips, input/output card kits, and smart card systems for the communications, industrial, transporation, military/aerospace, commercial aircraft, computer, and consumer markets; friction pads and backplates for braking applications on vehicles; pumps and related products for the marine and leisure markets; adjustable shock absorbers for trucks, buses, railway equipment, and bridges; and valves, actuators, pumps, and switches for the commercial, military, regional, business, and general aviation markets. It markets its products and services directly and through independent distributors and representatives. The company was founded in 1920 and is headquartered in White Plains, New York. Management Mr. Steven R. Loranger, 56 Chairman, Chief Exec. Officer and Pres Stock price Governance ITT Corporation's Corporate Governance Quotient (CGQ®) as of 6-Mar-08 is better than 64.5% of S&P 500 companies and 91.6% of Capital Goods companies. Financial considerations Total Cash: 1.84B Total Cash Per Share: 10.134 Total Debt: 3.57B Operating Cash Flow: 781.90M Levered Free Cash Flow: 150.85M Ownership Estimated Market Cap 9,910,032,909 as of Mar 7, 2008 Outstanding Shares 181,568,943 as of Jan 31, 2008 Number of Share Holders of Record 22,125 as of Feb 28, 2008 Float 181,020,000 as of Jan 31, 2008 % Held by Insiders 0.26% % Held by Institutions 78.60% Major holders Vanguard, Northern Trust, State Street, Deutsche Bank, Hartford, Wellington, etc. http://finance.yahoo.com/q/mh?s=ITT King Capital Investment Group http://kingcapital.tripod.com
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