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Stock Market & Financial Investment News

News Breaks
June 17, 2013
06:36 EDTUTX, MSBHYMitsubishi Corp to acquire 11 Sikorsky S-76D helicopters for Japan Coast Guard
Mitsubishi Corporation (MSBHY) has contracted with Sikorsky Aircraft, a subsidiary of United Technologies (UTX), to acquire 11 S-76D helicopters for use in Search and Rescue operations by the Japan Coast Guard.
News For UTX;MSBHY From The Last 14 Days
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October 1, 2014
07:56 EDTUTXSyrian strikes sure to prompt calls to reconsider defense cuts, WSJ says
The expanded U.S. military campaign in the Middle East, including airstrikes in Syria, is expected to cost tens of billions of dollars in the short-term and is certain to put renewed pressure on the president and Congress to reconsider spending caps on the defense budget, according to The Wall Street Journal. Publicly traded companies in the Defense space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX). Reference Link
September 26, 2014
09:54 EDTMSBHYUsiminas board passes resolution dismissing CEO
Ternium (TX) announced that the board of directors of Usinas Siderúrgicas de Minas Gerais (USNZY) passed a resolution dismissing the company's CEO and two other executives from their respective positions at the Usiminas board of officers. The board resolution dismissing the officers was passed with a 5 to 5 vote, and the tie was resolved by the chairman of the board through his casting vote. The dismissal of the officers is part of a controversy that arose within the Usiminas control group with respect to rules applicable to the appointment of senior managers. Ternium believes that the votes cast by the NSSMC Group-appointed members were computed in violation of the shareholders agreement that governs the rights of the members of Usiminas' control group. The NSSMC Group is comprised by Nippon Steel & Sumitomo Corporation, Mitsubishi (MSBHY) and Metal One. Following the dismissal of the officers, the position of CEO of Usiminas will be held, on a temporary basis until a new board of officers is agreed between the T/T Group and the NSSMC Group, by Romel Erwin de Souza, Usiminas' current Vice-president of Technology, who was elected with the same votes that decided the dismissal. Ternium intends to take all reasonable actions to protect its rights and investment in Usiminas.
08:10 EDTUTXUnited Technologies risks reflected in shares, says Morgan Stanley
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September 25, 2014
15:53 EDTUTXIndia seen ordering $1B worth of United Technologies helicopters, Reuters says
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06:49 EDTUTXAirbus expects upped sales as overhauled A320neo readies kickoff, Reuters says
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September 23, 2014
08:38 EDTUTXBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 17, 2014
18:43 EDTUTXUnited Technologies subsidiary wins patent infringement case
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10:00 EDTUTXOn The Fly: Analyst Initiation Summary
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