New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 18, 2014
18:04 EDTUTXUnited Technologies signs helicopter agreement with Canadian government
United Technologies unit Sikorsky Aircraft has signed a contract amendment with the Government of Canada on the Canadian Maritime Helicopter Program. The amended contract enables Canada's Department of National Defense to take delivery of operationally relevant CH148 Cyclone helicopters and facilitates retirement of the Sea King fleet starting in 2015. As a result of the amended agreement, Sikorsky will record sales of approximately $850M and a charge of $440M in Q2 reflecting the cumulative effect of progress to date toward completion of the program, as modified. UTC anticipates the second quarter charge will be offset by one-time gains during the course of 2014 and will have no effect on earnings per share for the year.
News For UTX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 1, 2014
11:01 EDTUTXUnited Technologies approaches its 52-week low, levels to watch
Subscribe for More Information
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
08:10 EDTUTXUnited Technologies risks reflected in shares, says Morgan Stanley
Subscribe for More Information
September 25, 2014
15:53 EDTUTXIndia seen ordering $1B worth of United Technologies helicopters, Reuters says
Subscribe for More Information
06:49 EDTUTXAirbus expects upped sales as overhauled A320neo readies kickoff, Reuters says
Subscribe for More Information
September 23, 2014
08:38 EDTUTXBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use