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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:17 EDTUPS, UTXUnited Technologies unit expands 3PL relationship with UPS
Pratt & Whitney, a unit of United Technologies (UTX), announced the expansion of its third-party logistics, or 3PL, relationship with UPS (UPS). As part of the agreement announced, UPS will open a 600,000-square-foot Northeast Logistics Center, or NELC, in Londonderry, New Hampshire, to serve as a centralized distribution center for Pratt & Whitney parts, tooling and supplies. This logistics center will support Pratt & Whitney's manufacturing and global engine assembly and test sites. Set to open in June 2015, UPS will operate the NELC and provide parts receipt, storage, building of manufacturing and assembly kits, packing, inventory management and freight transportation.
News For UTX;UPS From The Last 14 Days
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August 31, 2015
12:54 EDTUTXUnited Technologies shares fall as two firms offer differing views
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10:02 EDTUTXOn The Fly: Analyst Downgrade Summary
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09:33 EDTUTXUnited Technologies falls, levels to watch
Shares are down 2.5% at time of writing to $90.92. At that price next support is at $90.56 and then at $88.80. Resistance is at the 10-day moving average, last at $93.52. Barclays earlier downgraded the shares to Equal Weight and cut its price target to $100 from $120.
08:22 EDTUTXUnited Technologies risk/reward compelling, says Cowen
Cowen views the risk/reward for United Technologies as compelling, calling for limited downside and 25% upside to shares. Cowen sees the company's aftermarket franchises intact with expectations for solid earnings and free cash flow gains. The firm reiterated its Outperform rating but lowered its price target to $116 from $119 on United Technologies shares.
05:37 EDTUTXUnited Technologies downgraded to Equal Weight from Overweight at Barclays
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August 27, 2015
16:41 EDTUPSUPS, Cargojet enter long-term air cargo services agreement
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08:07 EDTUTXUnited Technologies selected by easyJet as Airbus parts supplier
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August 25, 2015
08:21 EDTUTXUnited Technologies reaffirms FY15 cont. ops EPS $6.15-$6.30, consensus $6.21
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August 20, 2015
17:52 EDTUPSUPS pilots President issues statement on FedEx/ALPA tentative agreement
The following statement is from Captain Robert Travis, President of the Independent Pilots Association regarding the tentative pilot labor agreement between FedEx (FDX) and ALPA: "We congratulate our pilot peers and FedEx on reaching a new tentative collective bargaining agreement. While we have not seen the details, the IPA will refrain from commenting on the merits of the tentative agreement until the ALPA ratification process has been completed. If approved, however, the FedEx pilot contract will bring labor peace to our largest competitor. In sharp contrast, UPS (UPS) management has created a bitter standoff with its pilot employees, unnecessarily dragging out contract talks for four years. UPS must not allow itself to be left behind by FedEx. The IPA calls on UPS management to work with its pilots to expeditiously achieve an agreement."
16:48 EDTUTXOn The Fly: Top stock stories for Thursday
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13:26 EDTUTXOn The Fly: Top stock stories at midday
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12:44 EDTUTXNortek up 20.8% to $89.59 after WSJ reports in talks to be acquired byUnited Technologies
12:34 EDTUTXUnited Technologies in talks to buy Nortek, WSJ reports
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12:22 EDTUTXUnited Technologies in talks to acquire Nortek, Dow Jones reports
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08:18 EDTUPSUPS management to meet with UBS
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August 18, 2015
14:01 EDTUPSUPS completes Coyote Logistics acquisition
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06:39 EDTUPSUSPS boosts same-day delivery to compete with FedEx, UPS, Amazon, WSJ says
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