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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:17 EDTUTX, UPSUnited 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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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
13:18 EDTUPSUPS weakness creates buying opportunity, says Argus
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08:10 EDTUTXUnited Technologies risks reflected in shares, says Morgan Stanley
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06:53 EDTUPSChina to open delivery sector to foreign firms, WantChinaTimes says
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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
12:00 EDTUPSThree people dead in shooting at UPS facility in Alabama, AP reports
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08:38 EDTUTXBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 22, 2014
11:03 EDTUPSUPS expands 3D printing across U.S. with Stratasys collaboration
UPS (UPS) is expanding 3D printing services to meet the growing demands of its small business customers to nearly 100 additional locations nationwide. As the first nationwide retailer to offer 3D printing services in-store, in collaboration with Stratasys (SSYS), the UPS Store continues to evolve its services to better meet the needs of small business owners.
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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