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Stock Market & Financial Investment News

News Breaks
July 3, 2014
09:01 EDTWSO, UTXWatsco increases ownership in joint venture with Carrier
Watsco (WSO) announced that it has acquired an additional 10% ownership interest in Carrier Enterprise, a joint venture with Carrier, a part of UTC Building & Industrial Systems, a unit of United Technologies (UTX). The transaction raises Watsco’s ownership stake to 80%. Consideration for the purchase was approximately $90M and was paid in cash.
News For WSO;UTX From The Last 14 Days
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July 1, 2015
15:36 EDTUTXEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
07:31 EDTWSOWatsco declares quarterly dividend of 70c per share, up 17% from year ago rate
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June 30, 2015
17:30 EDTUTXPratt and Whitney awarded $269.36M government contract modification
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June 26, 2015
07:26 EDTUTXSRA International exploring sale or IPO, Reuters reports
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June 24, 2015
08:03 EDTUTXUnited Technologies unit selected by IndiGo to supply Airbus wheels and brakes
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June 19, 2015
16:24 EDTUTXStocks end week higher after Fed reassures on gradual pace of rate increases
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