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Stock Market & Financial Investment News

News Breaks
October 22, 2013
10:40 EDTUTX, GDUTC Aerospace Systems selected by General Dynamics unit
UTC Aerospace Systems has been selected by General Dynamics (GD) Land Systems unit to design, develop, build and qualify the Generator Subsystem for the Abrams ECP1 modernization upgrade. The generator subsystem includes both the electric generator and CAN-bus-enabled digital controller. Prototype systems will be delivered to GDLS in 2H14 for installation and qualification field testing on the Abrams. UTC Aerospace Systems is a unit of United Technologies.
News For UTX;GD From The Last 14 Days
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December 19, 2014
17:04 EDTUTXUnited Technologies recommends holders reject TRC Capital 'mini-tender' offer
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10:02 EDTGDGeneral Dynamics awarded $36M for development of Submarine technology
General Dynamics Electric Boat, a wholly owned subsidiary of General Dynamics, has been awarded a $36.5M contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms. Initially awarded in November 2010, the contract has a potential value of $710.6M over a total of five years if all options are exercised and funded.
December 16, 2014
08:49 EDTUTXBernstein aerospace and defense analyst holds analyst/industry conference call
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08:31 EDTGDBabcock & Wilcox unit awarded contract to manufacture missile tubes
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December 12, 2014
13:04 EDTUTXOn The Fly: Midday Wrap
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December 11, 2014
18:14 EDTUTXOn The Fly: After Hours Movers
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17:07 EDTUTXUnited Technologies down 1.35% after giving FY14, FY15 guidance
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17:05 EDTUTXUnited Technologies sees FY15 EPS $7.00-$7.20, consensus $7.27
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17:03 EDTUTXUnited Technologies sees FY14 EPS approximately $6.80, consensus $6.87
United Technologies CEO Gregory Hayes communicated the company's expectation for FY14 EPS of $6.80, at the mid-point of the previous earnings outlook of $6.75-$6.85. The FY14 EPS expectation includes a charge of 25c related to a previously disclosed German tax litigation matter, which will be partially offset by approximately 20c of other favorable items. The company continues to expect sales for 2014 of approximately $65B, consensus $65.24B.
10:43 EDTUTXUnited Technologies to host investor and analyst meeting
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10:01 EDTGDGeneral Dynamics NASSCO, Braemar LNG BV announce licensing agreement
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December 9, 2014
10:02 EDTGDGeneral Dynamics awarded $44M contract modification by U.S. Navy
The U.S. Navy has awarded General Dynamics Electric Boat a $44.5M contract modification to perform non-nuclear maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics. With this modification, Electric Boat will continue operating the New England Maintenance Manpower Initiative at the submarine base. Under the terms of the contract, Electric Boat will provide a wide range of overhaul, repair and modernization services in support of nuclear submarines, floating dry-docks, support and service craft and other platforms and equipment at the submarine base. About 270 Electric Boat employees are engaged in the work.This contract was first awarded in December 2012 and has a potential value of $222.3M over five years.
07:05 EDTUTXPall Corp. announces resignation of CFO Akhil Johri
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07:03 EDTUTXUnited Technologies appoints Akhil Johri as Senior VP and CFO
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December 8, 2014
10:00 EDTUTXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Antero Resources (AR) upgraded to Buy from Neutral at Citigroup... Apache (APA) upgraded to Buy from Neutral at Citigroup... Applied Materials (AMAT) upgraded to Buy from Hold at Deutsche Bank... Arch Capital (ACGL) upgraded to Outperform from Market Perform at BMO Capital... CU Bancorp (CUNB) upgraded to Buy from Hold at Sandler O'Neill... Calpine (CPN) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Market Perform from Underperform at Keefe Bruyette... EastGroup Properties (EGP) upgraded to Neutral from Underperform at Credit Suisse... Enbridge Energy Management (EEQ) upgraded to Equal Weight at Morgan Stanley... Enbridge Energy (EEP) upgraded to Equal Weight from Underweight at Morgan Stanley... GasLog (GLOG) upgraded to Buy from Hold at Stifel... Hoegh LNG (HMLP) upgraded to Buy from Neutral at UBS... Illinois Tool Works (ITW) upgraded to Buy from Accumulate at Global Hunter... LaSalle Hotel (LHO) upgraded at Morgan Stanley... Lufthansa (DLAKY) upgraded to Buy from Neutral at Nomura... NASDAQ (NDAQ) upgraded to Outperform from Market Perform at Keefe Bruyette... Newfield Exploration (NFX) upgraded to Buy from Neutral at Citigroup... Omega Healthcare (OHI) upgraded to Buy from Hold at Jefferies... Orange SA (ORAN) upgraded to Conviction Buy from Neutral at Goldman... SM Energy (SM) upgraded to Outperform from Market Perform at BMO Capital... Southwest (LUV) upgraded at Goldman... TSMC (TSM) upgraded to Buy from Neutral at BofA/Merrill... United Technologies (UTX) upgraded at Bernstein... eBay (EBAY) upgraded to Buy from Hold at Stifel.
09:52 EDTUTXUnited Technologies to unveil major Canadian R&D investment, Globe and Mail says
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08:57 EDTUTXUnited Technologies upgraded at Bernstein
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07:43 EDTUTXUnited Technologies December volatility elevated into investor meeting
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06:15 EDTUTXUnited Technologies upgraded to Outperform from Market Perform at Bernstein
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December 7, 2014
18:04 EDTUTXSikorsky awarded $1B Indian military helicopter deal, WSJ says
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