Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
ITT > SEC Filings for ITT > Form 8-K on 5-Mar-2014All Recent SEC Filings

Show all filings for ITT CORP

Form 8-K for ITT CORP


5-Mar-2014

Costs Associated with Exit or Disposal Activities


Item 2.05. Costs Associated with Exit or Disposal Activities.

(b)(c) On February 28, 2014, ITT Corporation (the "Company") announced restructuring actions for the Company's Interconnect Solutions segment related to the movement of certain production lines from one location to another existing lower cost manufacturing site. The Company expects to incur non-recurring pre-tax cash costs, principally involuntary severance costs, of approximately $17-$18 million and a non-cash pre-tax charge of $2-$3 million. The Company expects to substantially complete this plan and record these costs over the next 12 months. The restructuring estimates are included within the range of expected restructuring and realignment costs for 2014 discussed on the Company's year-end earnings conference call on February 14, 2014.


  Add ITT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for ITT - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.