ITT Inc.

China Leads the Charge in the Electronic Connector Market: Rapid EV Adoption and Thriving Telecom Drive Growth

Retrieved on: 
Wednesday, October 18, 2023
Internet of things, Yazaki, ITT Inc., Electronics, Electronic, Aptiv, Corning Inc., TE Connectivity, Molex, Wireless, PAM4, Ecosystem, NFC, Belden Incorporated, Phoenix Contact, Carlisle Companies, Telecommunications, Benchmarking, Luxshare, Corrosion, KYOCERA, WAGO, Video game, Printed circuit board, LTD

China held the largest share of the Electronic Connector Market in 2022, driven by significant automotive production and a thriving telecommunications industry.

Key Points: 
  • China held the largest share of the Electronic Connector Market in 2022, driven by significant automotive production and a thriving telecommunications industry.
  • However, the Rest-of-the-World and Asia-Pacific and Japan markets are expected to experience high growth rates during the forecast period, particularly due to the rapid adoption of electric vehicles in China.
  • The Electronic Connector Market has seen noteworthy developments, including partnerships and product launches:
    TE Connectivity partnered with Preddio Technologies to integrate wireless technology and cloud-based analytics with energy-efficient sensors.
  • Key players in the global electronic connector market analyzed and profiled in the study involve electronic connector-based product manufacturers and start-ups.

Heilind Electronics Now Featuring ITT Cannon HDx™ Series Interconnect Solutions

Retrieved on: 
Tuesday, October 17, 2023
USB 3.0, USB, HDMI, Robotics, ITT Inc., Electronics

WILMINGTON, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Heilind Electronics , a leading global distributor of electronic components and authorized distributor for ITT Cannon introduces the ITT Cannon HDx™ connector series with standard and high-density contact layouts for USB 3.2 Gen 1, high-speed Ethernet, and HDMI data transmission.

Key Points: 
  • WILMINGTON, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Heilind Electronics , a leading global distributor of electronic components and authorized distributor for ITT Cannon introduces the ITT Cannon HDx™ connector series with standard and high-density contact layouts for USB 3.2 Gen 1, high-speed Ethernet, and HDMI data transmission.
  • Supports high-speed data with USB 3.2 Gen 1 up to 5Gbit/s, Ethernet up to 10Gbit/s, and HDMI up to 8.16Gbit/s.
  • HDx™ connectors are ruggedized against water intrusion when submerged to 20 meters.
  • HDx™ customers can rely on the same ruggedized technology used in military ground vehicles and soldier-worn equipment.

ITT to Release Third Quarter 2023 Results on Thursday, Nov. 2

Retrieved on: 
Thursday, October 12, 2023
Automotive Manufacturing, Other Transport, Aerospace, Trucking, Manufacturing, Rail, Transport, Commercial Building & Real Estate, Construction & Property, Oil, Gas, Alternative Energy, Energy, Other Manufacturing, Textiles, Public Transport, Packaging, Machinery, Engineering, Chemicals, Plastics, PIN, NYSE, Webcast, ITT, ITT Inc., Internet service provider

Oct. 12, 2023-- ITT Inc. (NYSE: ITT ) will release its third quarter 2023 financial results before the opening of the New York Stock Exchange on Thursday, Nov. 2.

Key Points: 
  • Oct. 12, 2023-- ITT Inc. (NYSE: ITT ) will release its third quarter 2023 financial results before the opening of the New York Stock Exchange on Thursday, Nov. 2.
  • The company will hold a conference call at 8:30 a.m. Eastern Time on Nov. 2 to discuss its third quarter performance.
  • A real-time audio webcast of the presentation will also be available at https://investors.itt.com , where related materials will be available prior to the presentation.
  • A replay of the webcast will be available two hours after the call until Thursday, Nov. 16 at midnight.

ITT Announces New Board of Directors Appointments and $1 Billion Share Repurchase Authorization

Retrieved on: 
Wednesday, October 4, 2023
Engineering, Other Energy, Transport, Manufacturing, Energy, Other Transport, ITT Inc., Share repurchase, Savi, History, SAIC, Jacobs Solutions, Acquisition, ITT, NYSE, Management

October 4, 2023-- ITT Inc. (NYSE: ITT ) today announced the election of Nazzic Keene and Kevin Berryman to its Board of Directors.

Key Points: 
  • October 4, 2023-- ITT Inc. (NYSE: ITT ) today announced the election of Nazzic Keene and Kevin Berryman to its Board of Directors.
  • The company also announced that its Board of Directors approved a $1 billion share repurchase authorization with an indefinite term.
  • “We are delighted to appoint to the ITT Board two highly respected, results-driven leaders with long track records of success,” said ITT Chairman of the Board, Timothy H. Powers.
  • Speaking on the new $1 billion share repurchase authorization, Savi commented, “Today’s announcement provides us the flexibility to continue to prudently build on ITT’s share repurchase activity.

Interstate Connecting Components to Showcase at AUSA 2023

Retrieved on: 
Wednesday, September 20, 2023
United States Department of the Army, Amphenol, Glenaire, ITT Inc., Army, Walter E. Washington Convention Center, ISO, TE Connectivity, Booth, AUSA, ICC, Association of the United States Army, Airborne, Washington Convention Center, Walter, Quality assurance, ISO 9001:2015, Printed circuit board, Sales

LUMBERTON, NJ, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Interstate Connecting Components (ICC) , a leading supplier of military-aerospace interconnect solutions, is excited to announce its participation in the upcoming Association of the United States Army (AUSA) Annual Meeting and Exposition 2023.

Key Points: 
  • LUMBERTON, NJ, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Interstate Connecting Components (ICC) , a leading supplier of military-aerospace interconnect solutions, is excited to announce its participation in the upcoming Association of the United States Army (AUSA) Annual Meeting and Exposition 2023.
  • AUSA 2023 is scheduled to take place from October 9 to October 11 at the Walter E. Washington Convention Center in Washington, D.C.
  • "We are thrilled to be part of AUSA 2023 and to showcase our military-aerospace interconnect expertise and breadth of products," said Michele Knowles, Director of Sales at ICC.
  • Interstate Connecting Components invites attendees, partners, and media representatives to visit Booth #7901 at AUSA 2023 to explore their innovative interconnect solutions and discuss potential collaborations.

ITT Announces Participation at D.A. Davidson’s 22nd Annual Diversified Industrials & Services Conference

Retrieved on: 
Wednesday, September 13, 2023
Other Transport, Environment, Engineering, Other Energy, Transport, Manufacturing, Energy, Transportation, Travel, ITT Inc., Central Time, ITT, NYSE, Conference

Sept. 13, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation at the D.A.

Key Points: 
  • Sept. 13, 2023-- ITT Inc. (NYSE: ITT ) today announced its participation at the D.A.
  • Davidson 22nd Annual Diversified Industrials & Services Conference in Nashville, Tennessee on Thursday, Sept. 21.
  • Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present at 10:15 a.m. Central Time on Sept. 21.
  • A live webcast of the presentation can be accessed at http://investors.itt.com , where related materials will be posted prior to the presentation.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Xylem Inc. (NYSE: XYL)

Retrieved on: 
Wednesday, August 9, 2023
Pressure, Failure, Special Investigation Committee of Anti-National Activities, Humboldt Hill, California, Bank statement, Audit, XYL, Bull, Stock dilution, ITT Inc., Reward, Record, MCI Group, Research, MCI, Sale, Brookfield Global Integrated Solutions, Sensu, EBITDA, Outline, Report, Acquisition, Annual report, Water, MCI Inc., Comment, Earnout, Xylem Inc., CFO, Pure, Adjustment, Hand, NYSE, Proxy, Cryptocurrency, Xylem

Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.

Key Points: 
  • Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.
  • Based on our analysis, we have identified that Xylem exhibits a consistent pattern of delivering greater restructuring charges and less capital spending than forecasted.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point has a short position in Xylem Inc. and owns derivative securities that stand to net benefit if its share price falls.

Unisys Names Kristen Prohl as General Counsel and Chief Administrative Officer

Retrieved on: 
Monday, August 7, 2023
ITT Inc., BLUE, University, Starwood, Information technology, Proskauer Rose, Association of Corporate Counsel, CA Technologies, Tax court, Corporate lawyer, American International Group, ITT, NYSE, United States Tax Court, Management, Unisys

BLUE BELL, Pa., Aug. 7, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately. She will report to Unisys Chair and CEO Peter Altabef.

Key Points: 
  • BLUE BELL, Pa., Aug. 7, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately.
  • "As an information technology solutions company in an ever-evolving, fast-paced industry, our general counsel and chief administrative officer is a critical role," said Unisys CEO Peter Altabef.
  • Most recently, she served as vice president, deputy general counsel, chief compliance officer and corporate secretary at ITT Inc.
  • Prior to her position at ITT, Prohl's roles included associate general counsel and assistant secretary at American International Group, Inc.; senior vice president, chief counsel, corporate law and assistant corporate secretary for CA Technologies; and chief compliance officer — subsequently chief regulatory counsel — for Starwood Hotels & Resorts Worldwide, Inc. Prohl has served on the board of directors of the Association of Corporate Counsel, Westchester County NY/Southern Connecticut, since 2016.

ITT Announces Quarterly Dividend of $0.290 Per Share

Retrieved on: 
Tuesday, August 1, 2023
Automotive Manufacturing, Aerospace, Manufacturing, Construction & Property, Public Transport, Trucking, Rail, Transport, Engineering, Other Construction & Property, Chemicals, Plastics, ITT Inc., ITT, NYSE, Holding company

Aug. 1, 2023-- ITT Inc. (NYSE: ITT ) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.290 per share on the Company’s outstanding common stock, par value $1 per share.

Key Points: 
  • Aug. 1, 2023-- ITT Inc. (NYSE: ITT ) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.290 per share on the Company’s outstanding common stock, par value $1 per share.
  • The dividend is payable on Oct. 2, 2023 to shareholders of record of such common stock as of the close of business on Sept.1, 2023.

ITT Names Fernando Roland President of Industrial Process Business

Retrieved on: 
Tuesday, August 1, 2023
Other Energy, Oil, Gas, Mining, Minerals, Energy, Natural Resources, Other Manufacturing, Other Transport, Trucking, Rail, Engineering, Chemicals, Plastics, Transport, Manufacturing, ITT Inc., University, Senior, DuPont, School of Economics, Business and Accounting of the University of São Paulo, Continental AG, MBA, IP, MS, Continental, ITT, NYSE, Industrial processes, Management

August 1, 2023-- ITT Inc. (NYSE: ITT ) today announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi.

Key Points: 
  • August 1, 2023-- ITT Inc. (NYSE: ITT ) today announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi.
  • IP, one of ITT’s three segments, is a global leader in centrifugal and twin-screw pumps for chemical, energy, mining and industrial markets.
  • Roland joins ITT after two decades in various senior leadership roles at multinational manufacturing conglomerates, including Continental AG, Hyosung Corporation and DuPont.
  • He most recently served as Senior Vice President of Continental AG’s Customer Engineered Solutions Americas segment, where he drove strategy and execution for its industrial products business area.