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Stock Market & Financial Investment News

News Breaks
December 23, 2012
12:41 EDTUTXUnited Technologies to divest UTC Power unit
United Technologies announced it has reached agreement to divest its UTC Power fuel cells unit to ClearEdge Power, based in Hillsboro, Ore. Terms of the agreement were not disclosed. As previously announced, divesting UTC Power is another step forward in UTC's ongoing portfolio transformation to focus on its core of aerospace and building systems. The transaction is subject to customary closing conditions. Closing is expected early in 2013.
News For UTX From The Last 14 Days
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July 1, 2015
15:36 EDTUTXEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
June 30, 2015
17:30 EDTUTXPratt and Whitney awarded $269.36M government contract modification
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June 26, 2015
07:26 EDTUTXSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
08:03 EDTUTXUnited Technologies unit selected by IndiGo to supply Airbus wheels and brakes
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