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Stock Market & Financial Investment News

News Breaks
August 4, 2014
08:09 EDTUTXSingapore Airlines subsidiary selects UTC Aerospace Systems as provider
Scoot, a wholly-owned subsidiary of Singapore Airlines, has selected UTC Aerospace Systems to provide asset management and repair services for components on its Boeing 787 aircraft through a Comprehensive Accessory Repair and Exchange program agreement. UTC Aerospace Systems is a unit of United Technologies (UTX). As part of the C.A.R.E. program agreement, UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul services for 10 Boeing 787-9 and 10 787-8 aircraft to be operated by Scoot.
News For UTX From The Last 14 Days
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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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