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Stock Market & Financial Investment News

News Breaks
February 7, 2014
07:44 EDTUTXUnited Technologies CFO won't comment on Sikorsky spin rumor, AP says
United Technologies CFO Greg Hayes said its Sikorsky helicopter unit has a "bright future," but declined to comment on a report that the conglomerate could sell or spin off the business, according to Associated Press, citing Hayes' comments at an aerospace defense conference. Reference Link
News For UTX From The Last 14 Days
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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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September 16, 2014
16:33 EDTUTXUnited Technologies initiated with a Hold at Stifel
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16:04 EDTUTXUnited Technologies seeks big deals but says pipeline 'not robust,' Reuters says
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07:15 EDTUTXPratt expects upcoming F-35 agreements to reduce espenses, Reuters says
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06:54 EDTUTXGE evades geared design in jet engine war versus Pratt, Reuters says
GE's (GE) Chief Technology Officer Mark Little said that the company evaded using a geared design for its new engine for narrowbody aircrafts due to worries about weight and soundness, as the company duels with competitor Pratt & Whitney for engine orders, according to Reuters, citing comments from Little. Pratt & Whitney is part of United Technologies (UTX). Reference Link
06:29 EDTUTXPratt & Whitney close to engine supply deal with Pentagon, WSJ reports
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September 15, 2014
17:36 EDTUTXSikorsky Aircraft awarded $203.57M government contract modification
Sikorsky Aircraft, a United Technologies company, was awarded a $203.57M modification to firm-fixed-price contract W58RGZ-12-C-0008 to procure 18 Green UH-60M Blackhawk helicopters, and 18 foreign military sales Green government furnished property to contractor furnished property, to support the Mexican Air Force. FY14 other procurement funds in the amount of $203.57M were obligated at the time of the award. Estimated completion date is May 30, 2016.

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