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Stock Market & Financial Investment News

News Breaks
July 13, 2014
12:56 EDTEADSY, UTXUTC Aerospace selected by Airbus for long-term maintenance pact
UTC Aerospace Systems has been selected by Airbus as a primary maintenance service provider for Airbus' (EADSY) Flight Hour Services, FHS, and component repair support. The long-term agreement covers UTC Aerospace Systems components on all Airbus platforms. UTC Aerospace Systems is a unit of United Technologies (UTX). Under the agreement, Airbus will send FHS covered components requiring repair to UTC Aerospace Systems' global network of maintenance, repair and overhaul, MRO, facilities. The scope of products covered under the agreement includes air management systems, electric systems, sensors, evacuation slides, seating, cargo, lighting systems, actuation systems, propellers, landing gear systems, fire systems and engine components.
News For UTX;EADSY From The Last 14 Days
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May 29, 2015
08:11 EDTUTXEmerson, Eaton among names that could draw Trian investment, says RBC Capital
After Trian's Nelson Peltz said that his firm was looking at taking activist stakes in two industrial companies, RBC Capital says that Emerson (EMR) is Peltz's most likely target, followed by Eaton (ETN). The firm says that Tyco (TYC) and lUnited Technologies (UTC) could also "arguably" be targeted by Peltz.
May 28, 2015
06:30 EDTEADSYAirbus hints at further production increases for A320 series, Reuters reports
Airbus sales chief John Leahy spoke at a media briefing yesterday and hinted at further production increases for the A320 series, Reuters reports. Leahy said market demand could justify an increase to over 60 aircraft per month, and the company is currently studying further increases to its production. A decision on A320 production is expected before the end of the year. Reference Link
May 26, 2015
07:10 EDTEADSYLockheed Martin, Boeing may bid for GBP2B MoD contract, Independent says
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May 21, 2015
06:52 EDTEADSYAirbus would consider leaving UK if Britain exits EU, Guardian says
Airbus head of UK division, Paul Kahn, stated that the company would reconsider its investment in Britain if the country exits the EU, reports the Guardian, citing Paul Kahn. Reference Link
May 20, 2015
06:06 EDTEADSY, UTXUnited 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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12:54 EDTEADSYAirbus to partner with Indian company in $2B deal, Defense News says
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08:24 EDTEADSYStandex awarded contract from Airbus for A320neo aircraft
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