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Stock Market & Financial Investment News

News Breaks
March 18, 2013
12:06 EDTTGI, UTXTriumph Group completes acquisition of Goodrich Pump & Engine Control Systems
Triumph Group (TGI) announced the completion of the previously announced acquisition of the pump and engine control systems business of Goodrich Corporation -- Goodrich Pump & Engine Control Systems -- from United Technologies Corporation (UTX). The acquired business will continue to be led by Alec Searle and will operate as Triumph Engine Control Systems, LLC and be included in the Aerospace Systems Group. The business is expected to add approximately $195M in annual revenue and to be immediately accretive to earnings in fiscal year 2014.
News For TGI;UTX From The Last 14 Days
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March 23, 2015
08:13 EDTTGI, UTXBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:12 EDTUTXOtis selected for Hudson Yards development
Otis has entered into a multimillion-dollar agreement with related companies to supply elevator and escalator units for the new Hudson Yards development in Manhattan's West Side. As part of its contract, the world's largest manufacturer and maintainer of people-moving products will provide 73 units for 30 Hudson Yards, a 92-story, 2.6 million-square-foot tower that will be among the first to be constructed at the site. Founded by the inventor of the safety elevator, Otis is a part of UTC Building & Industrial Systems, a unit of United Technologies.
08:01 EDTUTXUTC Aerospace Systems awarded $39M contract from Naval Surface Warfare Center
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