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Wednesday, April 7, 2010 as of 11:14 AM ET

ITT Corp.

    ITT Corporation () is a global diversified manufacturing company based in the United States. ITT participates in global markets including water and fluids management, defense and security, and motion and flow control.

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    PepsiCo (NYSE:PEP) was upgraded to outperform from underperform by CLSA on Wednesday, with the brokerage firm saying chances for a break-up have improved following news that activist investor Ralph Whitworth snagged a stake in the soda and snacks giant worth about $610 million.

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