To illustrate this change, ITT's 2008 adjusted earnings forecast is
Analyst Event Today
ITT's senior management will host an investor event today beginning at 1:00 p.m. Eastern Standard Time in New York City to discuss the company's strategic objectives and review the outlook for 2008. The entire event can be monitored live via webcast at the following address on the company's Web site: www.itt.com/ir. A replay of the briefing will be available on the Internet for one year, until Nov. 13, 2008 .
About ITT Corporation
ITT Corporation (www.itt.com) supplies advanced technology products and
services in several growth markets. ITT is a global leader in water and fluid
transport, treatment and control technology. The company plays a vital role in
international security with communications and electronics products; space
surveillance and intelligence systems; and advanced engineering and services.
It also serves a number of growing markets -- including marine, transportation
and aerospace -- with a wide range of motion and flow control technologies.
Headquartered in White Plains, N.Y., the company employs approximately 35,000
people and generated
Safe Harbor Statement
Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995 ("the Act"). These forward- looking statements include statements that describe the Company's business strategy, outlook, objectives, plans, intentions or goals, and any discussion of future operating or financial performance. Whenever used, words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "target" and other terms of similar meaning are intended to identify such forward-looking statements. Forward-looking statements are uncertain and to some extent unpredictable, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed in, or implied from, such forward-looking statements. Factors that could cause results to differ materially from those anticipated by the Company include general global economic conditions, decline in consumer spending, interest and foreign currency exchange rate fluctuations, availability of commodities, supplies and raw materials, competition, acquisitions or divestitures, changes in government defense budgets, employment and pension matters, contingencies related to actual or alleged environmental contamination, claims and concerns, intellectual property matters, personal injury claims, governmental investigations, tax obligations, and changes in generally accepted accounting principles. Other factors are more thoroughly set forth in Item 1. Business, Item 1A. Risk Factors, and Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements in the ITT Corporation Annual Report on Form 10-K for the fiscal year ended December 31, 2006 , and other of its filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE ITT Corporation