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Stock Market & Financial Investment News

News Breaks
July 14, 2014
07:24 EDTUTX, BDRBFPratt & Whitney says Cseries defect is seal problem in oil system, Reuters says
Executives at Pratt & Whitney, a division of United Technologies (UTX), said a defect on the engines for Bombardier's (BDRBF) CSeries aircrafts was because of a seal in the oil system that would require a relatively minor adjustment, and had nothing to do with the low pressure turbine, according to Reuters, citing comments from Pratt Commercial Engines president David Brantner. Bombardier's CSeries narrow-body aircrafts have been grounded since the end of May after a major engine failure in testing. Reference Link
News For UTX;BDRBF From The Last 14 Days
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May 20, 2015
06:06 EDTUTXUnited Technologies in talks to sell Sikorsky unit, WSJ reports
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May 19, 2015
07:18 EDTUTXElectric Products Group to hold a conference
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May 15, 2015
18:40 EDTUTXPratt & Whitney awarded $105M government contract modification
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May 14, 2015
07:34 EDTBDRBFBombardier confirms reduction of production rate for Global 5000, Global 6000
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07:33 EDTBDRBFBombardier confirms reduction of production rate for Global 5000, Global 6000
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May 12, 2015
09:19 EDTUTXBombardier teams up with Pratt & Whitney
Bombardier announced that it has teamed up with Pratt & Whitney to develop and implement a data management service for the CSeries aircraft - part of the overall Bombardier Aircraft Health Management System, or AHMS, capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use by maintenance and flight crews. Under this agreement, Pratt & Whitney's eFAST system will be the infrastructure unit used to perform data transmissions from the CSeries aircraft's on-board Health Management Unit to the ground. Along with Bombardier, they will make up the data acquisition structure which will automatically download, process and store data that will be available for upload to respective customer portals. Pratt & Whitney's is a subsidiary of United Technologies .
09:07 EDTBDRBF, UTXPratt & Whitney signs data management service agreement with Bombardier
Bombardier (BDRBF) announced that it has teamed up with Pratt & Whitney, a United Technologies (UTX) company, to develop and implement a data management service for the CSeries aircraft - part of the overall Bombardier Aircraft Health Management System, or AHMS, capable of transmitting real-time and recorded data from the aircraft. The AHMS will facilitate remote troubleshooting and deliver efficient and accurate diagnostics for use by maintenance and flight crews. Under this agreement, Pratt & Whitney's eFAST system will be the infrastructure unit used to perform data transmissions from the CSeries aircraft's on-board Health Management Unit, or HMU, to the ground. Along with Bombardier, they will make up the data acquisition structure which will automatically download, process and store data that will be available for upload to respective customer portals.
06:51 EDTUTXFinmeccanica not interested in bidding for Sikorsky, Reuters reports
Finmeccanica said yesterday that it is not interested in bidding for United Technologies' Sikorsky unit, Reuters reports. United Technologies is considering its options for Sikorsky, including whether to spin the unit off. Reference Link

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