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Stock Market & Financial Investment News

News Breaks
July 13, 2014
12:56 EDTUTX, EADSYUTC 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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February 10, 2016
15:55 EDTEADSYBoeing to cut management jobs as Airbus competition mounts, WSJ 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).
13:43 EDTEADSYAirbus' A321neo completes first flight with CFM engines
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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.
07:08 EDTEADSYStar Alliance partners Lufthansa, Swiss sign EFB deals with Global Eagle
Global Eagle Entertainment (ENT) announced that Star Alliance partners Lufthansa Airlines (DLAKY) and Swiss International Air Lines selected GEE Navaero electronic flight bag solutions, affirming GEE's leading position in cockpit data integration and EFB mounting systems for Apple (AAPL) iPad and Microsoft (MSFT) Surface devices. Lufthansa, Europe's largest airline and a new GEE Navaero customer, will equip at least 31 new Airbus A320 aircraft with GEE's new power data interface, smart docking stations, and other interfaces for Microsoft Surface tablets that put mission-critical flight data at the fingertips of pilots and ground crews. The GEE Navaero solution meets Lufthansa's requirement for a full gigabit Ethernet data connection aboard its new aircraft. Swiss will utilize GEE Navaero EFB mounts and data integration solutions across more than 70 Airbus (EADSY) short- and long-haul aircraft as it deploys Apple iPads for mission-critical applications and transitions to a fully paperless cockpit. GEE will also provide certification, deployment and support services.
February 8, 2016
08:33 EDTEADSYSpiceJet: timeliness main condition for Boeing, Airbus choice, Bloomberg says
SpiceJet, the Indian budget carrier deciding between Boeing (BA) and Airbus (EADSY) for its order for at least $11B, has a single condition for its choice: delivery needs to be on time, Bloomberg reports, citing an interview with SpiceJet chairman Ajay Singh. "One of the selling points for anybody to make the offer more attractive to SpiceJet would be early deliveries," Singh told Bloomberg. "When Airbus and Boeing are talking to us, they are mindful of the fact that we need early deliveries." Reference Link
February 5, 2016
08:45 EDTEADSYAirbus renegotiating to delay A320neo deliveries, Reuters reports
Airbus is currently in discussions to delay delivery schedules for its A320neo jet and has informed certain airlines that the jets will be delayed by approximately two months, Reuters reports, citing industry sources. The company missed a 2015 expectation for delivering the first aircraft as a result of what it described as issues with documentation for its new Pratt & Whitney engines, the report says. Reference Link
February 4, 2016
13:40 EDTEADSYAirbus: Still in talks with Poland over helicopter deliveries, Reuters reports
Airbus' (EADSY) helicopter unit said that discussions with Poland's economy ministry were continuing on the delivery of 50 helicopters for Poland's army, Reuters reports. Rzeczpospolita reported that Poland abandoned the $3B deal and agreed with the French defense ministry that it would purchase just "several" helicopter from Airbus, the report says. Poland has also initiated negotations with Lockheed Martin's (LMT) Skikorsky, the report says, citing Rzeczpospolita. Reference Link
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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January 29, 2016
05:55 EDTEADSYPhilips names Jean Botti as Chief Innovation and Strategy Officer
Royal Philips (PHG) announced the appointment of Jean Botti as Chief Innovation and Strategy Officer as part of the company's strategy to capture a larger portion of the HealthTech opportunities. Jean Botti, who will join Philips as of April 1, 2016 from Airbus Group (EADSY), will become a member of Philips' Executive Committee and will report directly to Philips CEO Frans van Houten. Jean Botti will succeed Jim Andrew, who left Philips in the fourth quarter of 2015 for personal reasons.
05:53 EDTEADSYAirbus says CTO Jean Botti to leave in April, Reuters reports
Airbus says Chief Technical Officer Jean Botti will leave the company in April and has resigned from the planemaker, Reuters reports. Botti's succession is "subject to the outcome of a comprehensive review on the future set-up and structure for innovation and research and technology at Airbus Group," Airbus says. Reference Link
January 28, 2016
13:17 EDTEADSYIran selects Airbus for civil aviation renewal
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10:29 EDTEADSYJetBlue says 'very bullish' on A321
06:44 EDTEADSYFrance seeks Airbus, Peugeot deals as Iran visits, Reuters says
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