ITT Corp. on Tuesday said it’s sticking with its 2008 profit view and took
aim at boosting its dividend by 22% in 2009, but signaled a slowdown in some
of its businesses. The White Plains, N.Y. engineering and manufacturing
company ITT Corp (ITT) expects 2009 earnings of $3.60 to $4.00 a share,
compared to its 2008 target of $3.97 to $4.03 a share.