Monday, July 9, 2007

ITT Corporation

ITT Corporation is among the world’s largest Industrial Machinery sector businesses in the world.  ITT Corporation’s employees generate $565.2M in profits on $8.087B of revenue.  Global output in the Industrial Machinery business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but ITT Corporation is determined to remain a market leader.  Sectoral leadership in the Industrial Machinery segment takes dedication and consistency, but management seeks out-sized growth.

ITT Corporation’s ticker symbol ITT has recently been trading near $68.83 a share.  The ITT Corporation corporate headquarters in White Plains NY predicts Industrial Machinery profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $12.508B ensures sufficient liquidity.  With a beta of 1.25, the company is more volatile than the market as a whole.  When the average equity moves higher, ITT Corporation moves more aggressively.

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