Since then the prices of ITT Corp. shares have declined by -50% from the estimated average.

FORBES: Weekly Guru Bargains Highlights: PLCM, ITT, NOK, IAG, EDMC

Rand Araskog split the old ITT Corp. into four independent companies as he entered the twilight of his tenure.

FORBES: The Jack Factor

GuruFocus rated ITT Corp. the business predictability rank of 4-star.

FORBES: Weekly Guru Bargains Highlights: PLCM, ITT, NOK, IAG, EDMC

Xylem, which was spun out of industrial conglomerate ITT Corp.

WSJ: Industry Adapts Quickly to Storm

The dividend yield of ITT Corp. stocks is 1.66%.

FORBES: Weekly Guru Bargains Highlights: PLCM, ITT, NOK, IAG, EDMC