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Stock Market & Financial Investment News

News Breaks
October 5, 2012
17:09 EDTUTX, GYGenCorp acquisition of Rocketdyne delayed pending FTC approval
On October 4, GenCorp (GY) received a request for additional information from the Federal Trade Commission in connection with the proposed acquisition of the Rocketdyne division of United Technologies (UTX), an agreement previously disclosed on July 22. United Technologies also received a request from the FTC on the same date. The FTC’s requests extend the waiting period during which the parties may not close the acquisition until 30 days after GenCorp and United Technologies have substantially complied with the requests. GenCorp now expects to close the acquisition in 1H13.
News For GY;UTX From The Last 14 Days
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July 1, 2015
15:36 EDTUTXEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
June 30, 2015
17:30 EDTUTXPratt and Whitney awarded $269.36M government contract modification
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June 26, 2015
07:26 EDTUTXSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
08:03 EDTUTXUnited Technologies unit selected by IndiGo to supply Airbus wheels and brakes
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