ITT Corp. said it has been studying...

ITT Corp. said it has been studying a plan to repurchase an unspecified number of its common shares . . . The governor of the Bank of Japan denied allegations surfacing recently that Japan is leading the yen lower and said a number of factors are underpinning the dollar’s strength . . . L. F. Rothschild, Unterberg, Towbin said its management committee agreed not to pursue discussions with General Felt Industries regarding a possible acquisition of a stake in Rothschild. . . . Anderson, Clayton & Co. reported that it will take an $8.1-million charge from losses posted by its Ranger Insurance unit . . Monsanto said the waiting period required under the Hart-Scott-Rodino Act for its acquisition of G. D. Searle has expired . . . The Commerce Department said it would join BellSouth in sponsoring a trade mission to China this fall in a bid to lift U.S. sales in China’s telecommunications market.