United Technologies (UTX) to soon separate its Otis and Carries businesses, with the board of directors' approval. The separation clears the path for the merger of its aerospace business with Raytheon.
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The market stumbles as the industrial conglomerate nears a major merger.
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Behind losses for shares of United Technologies and Boeing, the Dow Jones Industrial Average is slumping Thursday afternoon. Shares of United Technologies…
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https://www.investing.com/news/stock-market-news/united-technologies-stock-rises-4-2101265
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PALM BEACH GARDENS, Fla. , March 4, 2020 /PRNewswire/ -- Carrier, a leading global provider of HVAC, refrigeration, fire and security solutions, today announced the appointment of Chris Nelson as President of its global HVAC products and services business. This appointment combines Carrier's residential and commercial HVAC business units under a single leader, aligning with its planned reporting segments as a soon-to-be public company. Carrier is expected to complete its separation from United Technologies (NYSE: UTX ) early in the second quarter of 2020. "Chris is an experienced HVAC leader, with the industry expertise, strong business relationships and know-how to drive the kind of accelerated top- and bottom-line growth that we're targeting as standalone Carrier," said Dave Gitlin , Carrier President & CEO. "With renewed focus and investments in the business, our customers, employees and shareholders can count on Chris to take the global HVAC business to new heights." Nelson has more than 24 years of sales and general management experience, including 16 years at Carrier.
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United Technologies (UTX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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The Boeing Company (NYSE: BA ) on Monday said it had nominated two new directors to its board. What Happened QUALCOMM Inc. (NASDAQ: QCOM ) chief executive officer Steve Mollenkopf and United Technologies Corporation (NYSE: UTX ) former chief financial officer Akhil Johri will be elected directors at the aircraft maker's annual meeting of shareholders in April. Longtime directors Edward Liddy and Mike Zafirovski will retire from their posts at the same meeting, Boeing announced . "Our announcement today reflects our rigorous succession planning, which ensures we maintain the right balance of skills and experience to effectively govern the company," … Full story available on Benzinga.com
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PALMDALE, Calif., Feb. 18, 2020 /PRNewswire/ -- The U.S. Air Force, Collins Aerospace Systems, a unit of United Technologies (NYSE: UTX), and Lockheed Martin Skunk Works® (NYSE: LMT) recently completed flight testing and deployment of the latest variant of the Collins Aerospace Senior…
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CHARLOTTE, N.C., Feb. 17, 2020 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), announced today that it will open its doors to more than 2,300 female students across the globe in an effort to inspire the next generation of female engineers. With…
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Jefferies identified cyclical stocks that have unfairly sold-off and are long-term buying opportunities, including United Technologies and ON Semiconductor.
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Konkurrent Kone greift nach ThyssenKrupp. Eine Fusion würde den Wettbewerb in der überschaubaren Aufzugsbranche weiter schmälern. Ende des Monats fällt eine Entscheidung von großer Tragweite in einer sehr überschaubaren Branche: Wer übernimmt die Aufzugssparte von ThyssenKrupp ? Deutschlands größter Stahlkonzern steckt tief in der Krise und braucht dringend Geld. Die profitable Aufzugssparte mit 53.000 Mitarbeitern und einem Firmenwert von 15 Milliarden Euro gilt als Filetstück im Konzern und soll entweder verkauft oder an die Börse gebracht werden. Letzteres gilt als unwahrscheinlich, zumal im Hintergrund längst eine aggressive Bieterschlacht geführt wird. REUTERS/Wolfgang Rattay ThyssenKrupp-Chefin Martina Merz muss Konzern sanieren Die Angebotsfrist läuft diese Woche ab. Interessenten gibt es zuhauf, doch just der finnische Hauptkonkurrent stach zuletzt mit seinem Angebot alle aus: Kone legte laut Bloomberg eine unverbindliche Offerte über 17 Milliarden Euro auf den Tisch und übertrumpfte damit die übrigen drei Bieterkonsortien aus Finanzinvestoren, die zwischen 15 und 16 Milliarden Euro bieten sollen.
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The merger with Raytheon has multiple benefits and will create long-term value for UTX stock. Plus, upcoming company spin-offs are positives.
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United Technologies' (UTX -0.8%) planned Carrier Global spinoff outlines a strategy to improve revenue and earnings on a standalone basis, including a $600
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By Colin Kellaher Carrier Global Corp., the heating, ventilation and air-conditioning company being spun off by United Technologies, on Monday outlined its strategy to boost revenue and… | February 10, 2020
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United Technologies' (UTX +0.3%) Collins Aerospace Systems unit says it plans to spend a combined $225M to open a new landing systems facility in Fort Wort
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CHARLOTTE, N.C., Feb. 10, 2020 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced plans to open a new Landing Systems facility in Fort Worth, Texas, and to expand its carbon brake manufacturing facility in Spokane, Washington. An…
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By Colin Kellaher United Technologies Friday said it named Kelly Ortberg special adviser to the office of the CEO to help prepare for the integration of the company with Raytheon. Mr…. | February 7, 2020
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United Technologies Corp. (UTX) shares could push through headwinds to climb higher as the aircraft engine and elevator maker manages to overcome negative news, though the strength of its uptrend could be fading….UTX
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The score wasn't even close Tuesday between fear and fundamentals as United Technologies shows how it can guard itself by diversifying….UTX
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Book profits on UTX on strength to its semiannual pivot at $153.50 up to its weekly risky level at $154.29. The downside risk is to its first-quarter value level at $137.38.
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https://es.investing.com/news/stock-market-news/united-technologies-gana-5537-millones-en-2019-un-5--mas-1962380
ANAHEIM, Calif., Jan. 28, 2020 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced that three of the world's top aerial firefighting agencies are equipping their helicopters with the company's newest rescue hoist, the Goodrich 44318….
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Let's review the charts and indicators….UTX
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By Doug Cameron BAE Systems PLC is doubling down on the U.S. defense market with its biggest acquisition in more than a decade, agreeing to buy a business that tracks everything from jet… | January 20, 2020
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The move comes as regulators forced United Technologies to offload units following Raytheon merger
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Looking to expand its U.S. electronic systems business, BAE Systems (BAESY) has agreed to buy Collins Aerospace's (UTX) Military Global Positioning System
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Raytheon Inc, United Technologies Corp were forced to sell assets to facilitate their merger.
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WINDSOR LOCKS, Conn., Jan. 15, 2020 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has signed a contract with Lockheed Martin to provide critical subsystems to support production of NASA's Orion spacecraft fleet for Artemis missions III through…
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United Technologies' (UTX) HUD VR device offers high flexibility and efficacy to FAA experts that are required for performing research in advanced vision systems on HUDs.
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This really becomes a story down the road of margin and cash flow….UTX
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United Technologies' (UTX) business division Carrier will deliver its advanced VRF technology to Tims Coffee House in China along with a custom services package.
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As my colleague Kelvin Wong noted, there are no clear signs of exhaustion on the SP500 which sits just off record highs. Whilst Friday was a bearish
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United Technologies (UTX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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EAST HARTFORD, Conn., Nov. 20, 2019 /PRNewswire/ -- Pratt & Whitney, a global leader in commercial and military jet engines and a division of United Technologies Corp. (NYSE: UTX), today announced it will open a new ceramic matrix composites (CMCs) research & development (R&D) facility in…
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Dubai – Mubasher: Collins Aerospace, a subsidiary of United Technologies, has signed a ten-year support agreement with Etihad Airways for 72 aircraft of Boeing 787-9 model t through the asset management software, Dispatch SM. Delivered by Collins …
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United Technologies Corporation (UTX) gets a big boost for its merger with Rockwell Collins with overwhelming shareholder support in favor of the transaction.
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United Technologies Co. (NYSE:UTX) announced a quarterly dividend on Thursday, October 10th, RTT News reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.735 per share by the conglomerate on Tuesday, December 10th. This represents a $2.94 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date […]
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Girls Who Code has partnered with United Technologies to launch a programme for girls to work together to design solutions to real-world problems facing their communities.
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BENGALURU, India,Nov. 6, 2019 - United Technologies Corp. today announced an expansion of its strategic partnership with the U.S. based non-profit organization Girls Who Code . GWC is building… | November 6, 2019
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WEST PALM BEACH, Fla., Oct. 28, 2019 /PRNewswire/ -- As part of its new "Redefining Futures" Corporate Social Responsibility program, Collins Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), has committed $3.6 million over three years to FIRST, a global youth-serving…
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United Technologies' (UTX) third-quarter earnings jump year over year on the back of solid performance across most of its segments.
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Let's see how the charts are positioned ahead of the earnings report….UTX
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United Technologies (UTX) closed the most recent trading day at $132.69, moving -0.39% from the previous trading session.
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After a red-hot start to 2019, aerospace and defense stocks have traded mostly sideways in recent months. However, one analyst said Thursday it’s time …
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Strong commercial aftermarket and military businesses coupled with the acquisition of Rockwell Collins are expected to drive United Technologies' (UTX) growth.
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The U.S. Pentagon has awarded two major contracts to two different U.S. bellwether aerospace and defense companies - United Technologies' Pratt & Whitney division and Lockheed Martin - to build Air Force jets and missile defense systems, respectively….UTX
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United Technologies (UTX) closed at $136.52 in the latest trading session, marking a +0.1% move from the prior day.
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does United Technologies (UTX) have what it takes? Let's find out.
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Let's look at a strategy based on our series of three charts….UTX
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Should you buy into this defense titan ahead of its megamerger with United Technologies?
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