ITT Industries reports earnings hike for 1996

ITT Industries Inc. reported earnings of $222.6 million in 1996, a 20% increase over 1995 profits of $185 million, which it said were lowered by $164.3 million from the sale of some non-core units. The White Plains, N.Y., company reported that sales fell slightly from $8.88 billion a year ago to $8...

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