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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 4, 2015
17:10 EDTUTXUnited Technologies awarded $249.8M government contract modification
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September 2, 2015
08:04 EDTUTXChampion Aerospace and United Technologies announce long-term supply agreements
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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
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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