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EARNINGS

October 22, 1987

ITT Corp.'s earnings increased 70% to $210 million in the third quarter, compared to the year-ago period. The gain was attributed primarily to revenue from the New York firm's consumer finance divisions. The hotel divisions were also strong, and there were no sales or writedown losses in the division as in 1986. Defense technology results were down, but the company found broad acceptance for a new anti-lock brake system and plans plant expansions.

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