{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"ITT Receives Moody\u2019s Ratings Upgrade - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"G2Babq8E1m\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/itt-receives-moodys-ratings-upgrade\/\">ITT Receives Moody\u2019s Ratings Upgrade<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/itt-receives-moodys-ratings-upgrade\/embed\/#?secret=G2Babq8E1m\" width=\"600\" height=\"338\" title=\"&#8220;ITT Receives Moody\u2019s Ratings Upgrade&#8221; &#8212; Market Newsdesk\" data-secret=\"G2Babq8E1m\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"ITT Receives Moody\u2019s Ratings Upgrade STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; November 27, 2024&#8211; ITT Inc. (NYSE: ITT) today announced that Moody\u2019s Ratings (Moody\u2019s) upgraded the company\u2019s rating to Baa1 from Baa2. Moody\u2019s also affirmed a Prime-2 short term commercial paper rating for ITT. In its press release, Moody\u2019s noted the ratings upgrade reflects its expectation that ITT will sustain improvements in profitability and cash generation and continue its well-balanced financial policy over the next several years. Moody\u2019s also expects \u201cthe company\u2019s market share gains and conversion of its strong backlog to sales will support continued operating profit growth.\u201d \u201cThis ratings upgrade is a testament to the consistent performance of the ITT teams, day in and day out, which enabled us to grow &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241127104604r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"}