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Stock Market & Financial Investment News

News Breaks
August 16, 2013
18:36 EDTUTX, BAUnited Technologies unit says responsible for assembly errors, WSJ says
United Technologies (UTX) unit Kidde Aerospace said it is responsible for assembly errors in engine-fire extinguishing systems supplied to Boeing (BA), reports The Wall Street Journal. Reference Link
News For UTX;BA From The Last 14 Days
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January 26, 2015
14:39 EDTUTXUnited Technologies technical notes ahead of earnings
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08:13 EDTUTXCarrier makes minority equity investment in ecobee
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January 23, 2015
17:23 EDTBAAmerican Airlines takes delivery of first Boeing 787 Dreamliner
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10:02 EDTUTXOn the Fly: Analyst Initiation Summary
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06:07 EDTUTXUnited Technologies initiated with a Buy at Citigroup
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January 21, 2015
12:48 EDTBABoeing exec sees demand for 737 MAX, 777, despite oil slump, Reuters says
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06:23 EDTBAUnited may switch Boeing 787 Dreamliner order to larger 777-300ERs, WSJ says
United Continental (UAL) is close to a deal to change at least 10 of its Boeing (BA) 787 Dreamliners that are on order to 777-300ER jetliners, which are larger, The Wall Street Journal reports, citing two sources. The deal is in the process of being finalized, the sources say, and would help preserve Boeing's production rates and transition to the 777x. Reference Link
January 20, 2015
17:02 EDTUTXUnited Technologies appoints David Hess to lead Aerospace business development
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13:33 EDTBABoeing selected to build satellite by New York Broadband LLC
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08:21 EDTBAGlobal Eagle to offer connectivity in Boeing 737 airplanes
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January 15, 2015
17:06 EDTUTXUnited Technologies announce changes to aerospace leadership
United Technologies announced it will streamline its aerospace organization and leadership structure to provide greater focus on serving customers. Alain Bellemare, president and CEO of UTC Propulsion & Aerospace Systems, or PAS, has elected to leave the company at the end of the month. He will continue to serve as a consultant to UTC. As a result of Bellemare's decision and the successful integration of Goodrich Corporation, UTC is streamlining its aerospace operations by eliminating the PAS organization. Pratt & Whitney and UTC Aerospace Systems, both formerly under the PAS structure, will continue as stand-alone business units. As a result of this organizational change, Pratt & Whitney president Paul Adams will report directly to United Technologies CEO Gregory Hayes, as will Dave Gitlin, who has been promoted to president of UTC Aerospace Systems, from his former position as leader of that company's Aircraft Systems segment.
13:49 EDTBANorthrop Grumman beats out Boeing for missile contract, Reuters reports
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12:05 EDTBABoeing reports orders for 336 more military rescue radios
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10:29 EDTUTXRockwell Collins outlook assumes zero for Learjet 85, says Wells Fargo
After Bombardier (BDRBF) announced it will 'pause' development of its all-composite Learjet-85 business jet due to weak demand, Wells Fargo points out that Rockwell Collins (COL) supplies the Learjet 85's avionics. Wells finds it unclear if Bombardier's decision will trigger any impairment for Rockwell, but notes the company already stated its FY15 revenue guidance assumes zero for Learjet 85. The firm adds United Technologies unit Pratt & Whitney Canada supplies the Learjet 85's engines while LMI Aerospace (LMIA) takes part in the plane's engineering. Wells estimates about 3% of LMI's recent sales have been tied to Learjet 85 development.
09:07 EDTBAAstro-Med reaches deal with Donghai for flight deck printers
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07:19 EDTBABoeing and Air Europa announce order for 14 787-9 Dreamliners
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January 13, 2015
16:09 EDTBABoeing says Campbell to lead 737 program, Zaback to head 767 program
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07:40 EDTBA, UTXCommercial aircraft demand outlook still positive, says Bernstein
Bernstein continues to have a positive outlook on commercial aircraft demand for 2015, as the firm does not see $50 Brent oil as a negative for the sector unless the price stays below that level for the long-term. Bernstein thinks the general demand outlook for the sector is positive, and it identifies Boeing (BA) and United Technologies (UTX) as two of its favorite names in the space.
06:50 EDTBABoeing, Airbus could be hurt by oil tumble, NY Times says
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05:29 EDTBABoeing records $232.7B in commercial net in orders in 2014
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