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United Technologies Corp. Advisory to Securities Analysts, Investors and News Media.
The 5th-generation F-22A Raptor fighter program has been the subject of fierce controversy, with advocates and detractors aplenty. [...] - Publisher: Defense Industry Daily (Last update: 2009-11-03 04:04:10 GMT)
http://www.defenseindustrydaily.com/f22-raptor-procurement-events-updated-02908/
George David said Wednesday he will retire as chairman of United Technologies Corp. at the end of the year, after a 34-year career at the industrial conglomerate.
General Electric's aviation unit is teaming with Aviation Industry Corp. of China to develop and market electronic systems for commercial aircraft customers, including the C919 narrow-body aircraft that China hopes will compete with jets made by industry giants Boeing and Airbus.
http://www.miamiherald.com/business/nation/story/1335052.html
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Nov 24, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for United Technologies (NYSE:UTX) on July 20, 2009 at $54.49.
Since then, United Technologies has returned 26.1% as of today's recent price of $68.71. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse profit securities trial
Companies: United Technologies Corp. (UTX)
Nov 18, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/18/2009 - United Technologies (NYSE:UTX) CFO Greg Hayes said that the company will likely boost profit next year even as revenue remains flat, according to an AP report. He also said at an analysts conference that the industrial conglomerate is boosting restructuring costs this year to $800 million from $750 million, which includes eliminating 14,000 jobs. Hayes reaffirmed the company's fiscal 2009 guidance of $4.10 per share, vs. the consensus estimates of $4.11 per share.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: conference conglomerate market nyse profit restructuring revenue securities
Companies: United Technologies Corp. (UTX)
Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for United Technologies (NYSE:UTX) on July 20, 2009 at $54.49.
Since then, United Technologies has returned 26.5% as of today's recent price of $68.94. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nyse profit securities trial
Companies: United Technologies Corp. (UTX)
HARTFORD, Conn., Nov 12, 2009 /PRNewswire-FirstCall via COMTEX/ --
United Technologies Corp. (NYSE: UTX), today announced it has reached an agreement to purchase the GE Security business from GE (NYSE: GE) for $1.82 billion. The closing is pending regulatory approvals.
GE Security, part of GE Technology Infrastructure, supplies security and life safety technologies through a broad product portfolio for commercial and residential applications that include fire detection and life safety systems, intrusion alarms, and video surveillance and access control systems. Headquartered in Bradenton, Fla., the business has eight manufacturing facilities and approximately 4,700 employees in 26 countries.
"This acquisition enhances UTC Fire & Security's status as a leading franchise in the $100 billion global fire safety and electronic security industry," UTC President and Chief Executive Officer Louis Chenevert said. "It strengthens our North America footprint, extends our capabilities and complements our existing fire and security businesses.
"The acquisition also brings additional world class product lines to the UTC portfolio, improves our aftermarket revenue potential and will deliver solid long-term value for UTC shareholders," Chenevert continued. "We expect this transaction will be earnings neutral to UTC in 2010, after restructuring and transaction costs, and anticipate that the cost synergies will make it accretive in 2011 and beyond."
Headquartered in Connecticut, UTC Fire & Security is a business unit of United Technologies Corp., which provides high technology products and services to the building and aerospace industries worldwide. More information about UTC Fire & Security can be found at website: www.utcfireandsecurity.com.
This release includes "forward looking statements" concerning expected revenue, earnings and additional benefits of a transaction that remain subject to uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in the forward looking statements include changes in anticipated or actual economic conditions, delays in or inability to obtain necessary regulatory approvals on acceptable terms and delays in achieving anticipated synergies and in integrating the acquired businesses. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time, including but not limited to, the information in the "Business" section of UTC's Annual Report on Form 10-K, the information included in UTC's 10-K and 10-Q Reports under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations," and the information included in Current Reports on Form 8-K.
UTC-IR
Contact:
John Moran, UTC
(860) 728-7062
www.utc.com
SOURCE United Technologies Corp.
http://www.utc.com
Tags: acquisition aerospace annual report business ceo commercial connecticut earnings fire florida legal manufacturing north america nyse president products residential restructuring revenue sec sec-8k security technology video
Companies: General Electric Co. (GE), United Technologies Corp. (UTX)
Total : 36 View more »
Orlando, FL 10/08/08 Pratt & Whitney Canada (P&WC) and Aviall Services, Inc. have signed an agreement under which Aviall will supply new P&WC Original Equipment Manufacturer (OEM) spare parts to JT15D engine clients around the world.
Otis Elevator CFO to Join ITT Industries on July 1 White Plains, NY, June 6, 2005 - ITT Industries, Inc. (NYSE:ITT) announced today that George E. Minnich will become Senior Vice President and Chief Financial Officer of the corporation.
Boeing Co. is expected to report a decline in second-quarter profit next week due to softer aerospace demand.
environmental control system components, engine starters, leading edge flap drive units, air driven pumps and other pneumatic components installed in all models of large commercial aircraft (one hundred passengers or more).
Total : 152,000,000 View more »
Provides a broad range of high-technology products and support services to customers in the aerospace and building industries worldwide. Headquartered in Hartford.
United Technologies Corporation (UTC) (NYSE: UTX) is an American multinational conglomerate based in Hartford, Connecticut. It researches, develops, and manufactures high ...
http://en.wikipedia.org/wiki/United_Technologies_Corporation
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United Technologies Corporation (NYSE:UTX) Company Financials Income Statement Balance Sheet Cash Flow Statement Contact Information United
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