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ATLANTA, Oct 30 (Reuters) - ITT Corp: * During earnings conference call, company says net debt to net capital ratio has been reduced * Says expects to pay down its commercial paper balance in full by year's end * Says likelihood of future asbestos liability claims is probable * Says it sees signs of recovery at measured pace * Says leaning toward modest topline growth in 2010 * Says expects to be on growth trajectory for per-share earnings in 2010 * CEO says company was in quiet period while asbestos liability was being finalized * CEO cites 'misguided speculation' toward the end of its quiet period, when there was a published report about a possible transaction * Company expects domestic Sincgars combat radio business to be down next year but international Sincgars, space and night-vision goggles businesses to be up ((Atlanta Equities; tel: +1 404 493 3656)) (For more news about ITT Corp click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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Data is a real-time snapshot *Data is delayed at least 15 minutes