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ITT profit beats views, but warns of sales decline
2015-02-13 16:50:41| Industrial Machines - Topix.net
ITT Corp. said growth in global oil-and-gas project pumps drove stronger-than-expected results in its fourth quarter, though it reported weakness in its motion-technologies segment and warned sales would be down this year. Chief Executive Denise Ramos said ITT continues to face a difficult external environment with headwinds from the global oil-and-gas market and from foreign exchange.
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Category:Industrial Goods and Services