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Stock Market & Financial Investment News

News Breaks
June 20, 2014
17:23 EDTUTXSikorsky Aircraft awarded $115.7M government contract
Sikorsky Aircraft Corp., Stratford, Connecticut, is being awarded $115,705,556 for firm-fixed-price delivery order 4019 against a previously issued Basic Ordering Agreement (N00019-14-G-0004). This order provides for non-recurring engineering and program support for the production and delivery of nine MH-60R aircraft for the Danish Defense Acquisition and Logistics Organization under the Foreign Military Sales program. Work is expected to be completed in July 2018. FMS funds in the amount of $115,587,382 will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. Sikorsky Aircraft is a division of United Technologies (UTX).
News For UTX From The Last 14 Days
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July 24, 2014
09:05 EDTUTXUnited Technologies awarded U.S. Air Force landing gear contract
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08:23 EDTUTXUnited Technologies selected by China Airlines for spare parts agreement
United Technologies unit UTC Aerospace Systems has been selected by China Airlines for a five-year exclusive spare parts agreement that includes air management, electric, and engineering systems on select Boeing and Airbus aircraft operated by the airline.
July 23, 2014
10:02 EDTUTXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Market Perform from Outperform at Cowen... Brinker (EAT) downgraded to Sector Perform from Outperform at RBC Capital... Cubist (CBST) downgraded to Market Perform from Outperform at JMP Securities... DiamondRock (DRH) downgraded to Neutral from Outperform at RW Baird... DuPont (DD) downgraded to Neutral from Overweight at JPMorgan... FirstMerit (FMER) downgraded to Neutral from Overweight at JPMorgan... Helmerich & Payne (HP) downgraded to Accumulate from Buy at Tudor Pickering... Hexcel (HXL) downgraded to Hold from Buy at Canaccord... Juniper (JNPR) downgraded to Neutral from Buy at BofA/Merrill... King Digital (KING) downgraded at BofA/Merrill... Lexmark (LXK) downgraded at Raymond James... McDonald's (MCD) downgraded at RW Baird... Mead Johnson (MJN) downgraded to Outperform from Buy at CLSA... National Oilwell (NOV) downgraded to Accumulate from Buy at Tudor Pickering... Nintendo (NTDOY) downgraded to Hold from Buy at Jefferies... Raytheon (RTN) downgraded to Market Perform from Outperform at Bernstein... Targa Resources (TRGP) downgraded to Accumulate from Buy at Global Hunter... Time Warner (TWX) downgraded to Market Perform from Outperform at Cowen... Timmins Gold (TGD) downgraded to Market Perform from Outperform at Cowen... United Technologies (UTX) downgraded to Market Perform from Outperform at Wells Fargo... Viacom (VIAB) downgraded to Market Perform from Outperform at Cowen... Xilinx (XLNX) downgraded at BMO Capital.
09:07 EDTUTXUnited Technologies shares should be bought on weakness, says Sterne Agee
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05:28 EDTUTXUnited Technologies downgraded to Market Perform from Outperform at Wells Fargo
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July 22, 2014
16:36 EDTUTXOn The Fly: Closing Wrap
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12:29 EDTUTXOn The Fly: Midday Wrap
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07:03 EDTUTXUnited Technologies narrows FY14 EPS view to $6.75-$6.85 from $6.65-$6.85
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07:01 EDTUTXUnited Technologies reports Q2 EPS $1.84, consensus $1.71
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July 21, 2014
15:30 EDTUTXNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
July 17, 2014
07:38 EDTUTXPratt & Whitney announce partnership with IBM
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07:30 EDTUTXUnited Technologies' Pratt & Whitney signs depot contract with AIM Norway
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