ITT Corp. reiterates earnings forecast for year
-
- May
- 13
At its annual meeting of shareholders in Tarrytown today, ITT Corp. reiterated it expects to earn $4 to $4.10 a share in 2008 on revenues of about $11.5 billion.
In other business, shareholders re-elected nine of 10 board members on its board of directors, the Harrison-based defense contractor said.
Raymond LeBoeuf, an ITT director since 2000, is retiring from the board and didn’t stand for re-election.
Shareholders also approved Deloitte & Touche LLP as the company’s independent auditor, ITT said.
In afternoon trading, shares of the company were down a fraction to $66.43 a share.
This entry was posted
on Tuesday, May 13th, 2008 at 12:44 pm by David Schepp.
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