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Stock Market & Financial Investment News

News Breaks
January 8, 2013
19:52 EDTUTX, GYGenCorp receives modification to FTC request related to Rocketdyne acquisition
GenCorp (GY) announced that it has received a modification to the request for additional information from the Federal Trade Commission in connection with the company's proposed acquisition of Pratt & Whitney Rocketdyne from United Technologies (UTX). The modification excludes large and medium liquid rocket engines for launch vehicles and spacecraft from the scope of the FTC's investigation of the proposed acquisition. United Technologies has received a similar modification to the Second Request letter it received. At this time, the FTC's investigation of the proposed acquisition is limited to the Liquid Divert and Attitude Control Systems businesses of GenCorp and United Technologies. GenCorp is in the process of preparing its LDACS business for sale to facilitate an expeditious completion of the FTC's investigation. Completion of the transaction is subject to the satisfaction of customary closing conditions, including required regulatory approvals. The company expects the acquisition to close in 1H13.
News For GY;UTX From The Last 14 Days
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February 12, 2016
07:17 EDTUTXAirbus A320neo's engine issues should be fixed by April, Reuters says
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February 9, 2016
14:18 EDTUTXBoeing selects UTC Aerospace to provide landing gear for U.S. Air Force
UTC Aerospace Systems has been selected by The Boeing Company (BA) to continue to provide landing gear in support of the United States Air Force fleet of the Boeing C-17 Globemaster III aircraft, as well as continued new production support of the AH-64E Apache helicopter. The C-17 spares program encompasses two years of demand, and support for the AH-64E includes all awarded contracts through 2018. UTC Aerospace Systems is a unit of United Technologies (UTX).
08:47 EDTUTXNORESCO wins $28M energy savings performance contract with Georgia
NORESCO has won a $28M guaranteed energy savings performance contract with the Georgia Department of Corrections for work at five sites across the state. NORESCO is a unit of United Technologies. The project includes reconfiguration of three central boiler plants along with domestic hot water improvements, significant water conservation gains through equipment retrofits and controls and improved reliability and performance through heating, ventilating and air conditioning upgrades.
February 4, 2016
11:06 EDTUTXUnited Technologies reaffirms FY16 adjusted EPS view of $6.30-$6.60
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07:08 EDTUTXCowen to hold a forum
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