Zibb.com: United Technologies Corporation (Industry News & Blogs)

United Technologies Said Company Likely To Boost Profit In 2010 (...

Wed, 18 Nov 2009 13:46:00 GMT

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

United Technologies to buy GE's security business

Mon, 16 Nov 2009 18:03:01 GMT

(Associated Press Via Acquire Media NewsEdge) HARTFORD, Connecticut_United Technologies Corp. said Thursday it will buy General Electric Co.'s fire detection and electronic security business for $1.82 billion in a deal to expand its similar operations in North America.

United Technologies to buy GE Security

Mon, 16 Nov 2009 14:46:14 GMT

UTC will acquire the GE Security business from GE for $1.82 billion; UTC says the acquisition will strengthen its presence in the $100 billion global fire-safety and electronic-security

GE forms China JV to make airplane electronics - National Busines...

Sun, 15 Nov 2009 20:46:22 GMT

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.

United Technologies to buy GE's security business (AP)

Thu, 12 Nov 2009 21:54:11 GMT

HARTFORD, Conn. (AP) -- United Technologies Corp. said Thursday it will buy General Electric Co.'s fire detection and electronic security business for $1.82 billion in a

How United Technologies is beating GE - CNNMoney.com

Thu, 12 Nov 2009 20:25:55 GMT

It is only fitting that United Technologies is buying assets from cross-state rival General Electric. At least in the eyes of shareholders, the manufacturer has emerged as the more successful of the two Connecticut-based industrial conglomerates.

MarketWatch First Take: GE, United Technologies' security swap

Thu, 12 Nov 2009 20:17:00 GMT

The deal expands UTC's foray into the security systems business, which it's been building up since buying Chubb back in 2003. Acquiring GE Security gives it a product line that works well with its existing security products and services, aimed squarely at commercial and industrial facilities.

United Technologies to buy GE's security business

Thu, 12 Nov 2009 18:07:00 GMT

HARTFORD, Conn. -- United Technologies Corp. today said it would acquire General Electric Co.'s fire detection and security business for $1.82 billion.

United Technologies to buy GE's security business

Thu, 12 Nov 2009 18:02:34 GMT

United Technologies said the deal will strengthen its own security operations in North America. Its fire and security portfolio currently includes products such as portable fire extinguishers, consumer security systems, and gas and flame detection products.

United Technologies to Acquire GE Security

Thu, 12 Nov 2009 17:14:00 GMT

United Technologies Corp. has announced it has reached an agreement to purchase the GE Security business from GE for $1.82 billion.

United Technologies fires up a deal with GE

Thu, 12 Nov 2009 16:40:00 GMT

Filed under: Deals, General Electric (GE), United Technologies (UTX)

GE to Sell Security Unit to United Technologies

Thu, 12 Nov 2009 15:16:30 GMT

"The Security business required significant investment in its capabilities to evolve and better serve the security industry," said Charlene Begley, president and chief executive of the unit that includes GE Security.

United Technologies to Buy GE’s Security Business

Thu, 12 Nov 2009 15:13:27 GMT

To strengthen its own security operations, United Technologies Corp. will be buying General Electric Co.'s security business. To strengthen its own security operations, United Technologies Corp. will be buying General Electric Co.'s security business.

United Technologies Buys GE Unit For $1.82 Billion

Thu, 12 Nov 2009 13:52:00 GMT

Company agreed to buy General Electric's fire detection and security business for $1.82 billion to strengthen its security operations on North America.

United Technologies To Buy GE's Security Business for $1.82B - Wa...

Thu, 12 Nov 2009 13:48:49 GMT

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United Technologies to buy GEs security business

Thu, 12 Nov 2009 13:25:31 GMT

GE Security, which is based in Bradenton, Florida, supplies technologies such as fire detection and life safety systems, intrusion alarms and video surveillance and access control systems. The business has eight manufacturing facilities and about 4,700 employees in 26 countries.

United Technologies to Buy GE Unit for $1.82 Billion - Bloomberg

Thu, 12 Nov 2009 12:45:17 GMT

[bn:WBTKR=UTX:US] United Technologies Corp. [] agreed to buy [bn:WBTKR=GE:US] General Electric Co.’s [] fire-alarm and surveillance-systems unit for $1.82 billion, adding dealers, customers and products to its commercial-building offerings.

United Technologies to buy GE's security business

Thu, 12 Nov 2009 12:45:28 GMT

United Technologies has agreed to buy General Electric's fire detection and security business for $1.82 billion. United Technologies says the deal will strengthen its own security operations on North America. GE Security, which is based in Bradenton, Fla.,...

United Technologies to buy GE unit

Thu, 12 Nov 2009 12:37:00 GMT

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United Technologies Corp. Advisory to Securities Analysts, Invest...

Wed, 11 Nov 2009 13:30:00 GMT

United Technologies Corp. Advisory to Securities Analysts, Investors and News Media.

Ex-United Technologies Rocket Scientists To Build 150 MW Solar He...

Tue, 03 Nov 2009 15:55:00 GMT

SolarReserve; a California start-up spin-out from United Technologies’ Rocketdyne has filed an application with the CPUC to build a 150-megawatt heliostat solar farm with seven hours of after-sunset energy stored in molten salt.

Report: United Technologies Leads Bid for GE Security

Tue, 27 Oct 2009 21:02:01 GMT

GE still talking to multiple bidders, but United Technologies is frontrunner, Bloomberg reports. The GE Security sale could fetch up to $2 billion, according to multiple reports.

Newsvine - United Tech 3Q profit falls 17 percent

Tue, 20 Oct 2009 11:19:49 GMT

United Technologies Corp. continued to feel the impact of the downturn in aerospace and real estate markets as nearly all its businesses posted declines in the third quarter.

Restructuring details may emerge in UTC 3Q release

Fri, 16 Oct 2009 18:18:29 GMT

United Technologies Corp. is scheduled to report fiscal third-quarter earnings before the market opens Tuesday. The following is a summary of key developments during the period:

United Technologies' chairman to step down

Wed, 14 Oct 2009 22:25:13 GMT

George David, United Technologies’ longtime chairman, will cede his post at the end of the year to Louis Chenevert, the US conglomerate’s chief executive.