SOURCE: Industrial Info Resources

December 17, 2008 06:30 ET

ITT's Defense Segment Will Help Soften Blows of Slower 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 17, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- ITT Corporation (NYSE:ITT) (White Plains, New York), a multi-industry company heavily involved in the defense and aerospace sector, gave 2009 guidance on December 16. In a conference call regarding the earnings, Chief Financial Officer Denise Ramos said the company's total revenue for 2009 would be down by an estimated 2%-6%.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142150, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

Related News Articles

Honeywell's Sales Up in 2008, but Expectations are Low for 2009

Woodward Governor Company's Net Income Up 21% for 2008

Job Losses Continue to Mount as U.S. Unemployment Rate Hits 6.5%

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147