ITT Tops Second-Quarter Revenue and Adjusted Earnings Forecasts
Monday, August 1, 2011
Second-quarter 2011 Fluid Technology revenue of $1.1
billion was up 26 percent on a year-over-year basis, driven by significant oil
and gas activity in the Industrial Process business, strength in light
industrial and agriculture markets at Residential and Commercial Water, as well
as an increase in demand within Water and Wastewater for global dewatering and
North American transport equipment. More...