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ITT Reports Solid 2015 Second-Quarter Results

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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Corporation (NYSE:ITT) today reported 2015 second-quarter financial results, including stronger operating margins and earnings per share growth, that reflected net operating productivity, restructuring savings from proactive actions and effective cost containment in a challenging macroeconomic environment. On a GAAP basis, the company delivered revenue of $628 million in the second quarter, reflecting a 5 percent decline, primarily due to unfavorable for

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