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Stock Market & Financial Investment News

News Breaks
November 15, 2012
17:00 EDTUTXUnited Technologies announces Pratt & Whitney expansion at West Palm Beach
United Technologies announced that its Pratt & Whitney unit will expand manufacturing capabilities at the company's West Palm Beach facility. The formal announcement was made by UTC Chairman & Chief Executive Officer Louis Chenevert and Florida Governor Rick Scott during a press conference at the West Palm Beach facility, which is shared by both Pratt & Whitney and Sikorsky Aircraft, another United Technologies company. Pratt & Whitney plans to invest more than $63M to construct and equip a new building and make improvements to existing space at the facility. Construction is expected to begin in the first half of 2013. Overall, the expansion is expected to result in creation of 230 new jobs. To support this expansion, Pratt & Whitney will receive incentives from both the State of Florida and Palm Beach County valued at approximately $4.4M.
News For UTX From The Last 14 Days
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August 20, 2014
08:04 EDTUTXUnited Technologies licenses technology to CGTech
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August 19, 2014
09:09 EDTUTXUTC Aerospace Systems installs Cloud Cap Technology on Airbus Helicopters
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August 17, 2014
17:56 EDTUTXBB&T, Juniper, two others look discounted, Barron's says
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August 13, 2014
06:09 EDTUTXBoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
10:00 EDTUTXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Applied Micro Circuits (AMCC) downgraded to Market Perform at FBR Capital... CSX (CSX) downgraded to Neutral from Outperform at Macquarie... Southwestern Energy (SWN) downgraded to Market Perform from Outperform at BMO Capital... Steven Madden (SHOO) downgraded to Neutral from Buy at Citigroup... Teck Resources (TCK) downgraded to Sell from Neutral at Goldman... United Technologies (UTX) downgraded at Cowen... Walter Investment (WAC) downgraded to Market Perform from Outperform at FBR Capital... Whiting USA Trust (WHX) downgraded to Underperform at Raymond James... magicJack (CALL) downgraded to Hold from Buy at Canaccord.
09:10 EDTUTXUnited Technologies downgraded at Cowen
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09:01 EDTUTXUnited Technologies downgraded to Market Perform from Outperform at Cowen
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