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Pratt & Whitney

Alcoa shares ready to rally higher

FBN’s Charles Payne, NewOak Capital President James Frischling, retail analyst Hitha Prabhakar, Penn Financial Group founder Matt McCall and FBN’s Tracy Byrnes on the outlook for Alcoa.

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  1. Shutdown May Spark Furloughs at United Tech

    United Technologies (NYSE:UTX) said it will be forced to furlough thousands of workers at its aerospace businesses if the government shutdown extends into next week....

  2. Pratt sees 2.5 percent or more cost cut on next F-35 engines

    NATIONAL HARBOR, Maryland (Reuters) - Pratt & Whitney, a unit of United Technologies Corp , on Monday said it expects to drive down the cost of the F135 engines it b...

  3. Factbox - Key facts about Bombardier's CSeries jet

    Sept 16 Reuters) - Following are some facts about Bombardier Inc's CSeries passenger jet, a narrowbody rival to Airbus and Boeing aircraft, which was scheduled to ca...

  4. New Bombardier jet readied for possible weekend debut: sources

    Canada's all-new Bombardier CSeries passenger jet is being readied for a long-awaited maiden flight as early this weekend, possibly on Sunday, two industry sources s...

  5. Report: United Tech, U.S. Deal for F-35 Engines

    Pratt & Whitney, a unit of United Technologies Corp, has reached an agreement in principle with the Pentagon on a contract to build 39 engines for a sixth batch of F...

  6. Forget the Hyperloop, Brace for Supersonic Travel

    Space X and Tesla (NASDAQ:TSLA) founder Elon Musk seems pretty optimistic a train will one day be able to travel at mach speeds for short distances, but what about t...

  7. Analysis: U.S. chief executives can't break cost-cutting habit

    A disconcerting trend lurks beneath the recent round of solid profit forecasts announced by companies ranging from United Technologies Corp to Wendy's Co : More than...

  8. Exclusive: Test mishap forces Pratt to tweak new Airbus engine

    Pratt & Whitney has redesigned a component of a jet engine being developed for Airbus's top-selling A320neo aircraft after tests revealed "distress" in the engine's ...

  9. United Tech 2Q EPS Beats Street, Sales Shy

    United Technologies (NYSE:UTX) revealed stronger-than-expected second-quarter earnings and lifted its full-year guidance on Tuesday amid an influx in orders and tigh...

  10. United Technologies income rises after Goodrich buyout

    United Technologies Corp, the world's largest maker of elevators and air conditioners, reported higher second-quarter net income, helped mostly by its 2012 buyout of...

  11. MTU Aero wins orders worth over $1.3 billion at Paris Airshow

    German aircraft engine parts maker MTU Aero Engines said it booked more than $1.3 billion in new orders at this year's Paris Airshow thanks to strong demand for the ...

  12. AIRSHOW-Aircraft engine makers land deals worth $24 billion

    Jet engine makers booked $24 billion in orders for power plants and service contracts at the Paris Airshow on Wednesday, reflecting airlines' voracious appetite for ...

  1. United Tech broad revenue growth helps profit beat Street

    United Technologies Corp reported a higher-than-expected quarterly profit on Tuesday, helped by revenue growth across its aerospace and commercial building segments ...

  2. United Tech Paints Mixed Picture in 4Q

    United Technologies (NYSE:UTX) revealed mixed fourth-quarter results on Wednesday as the conglomerate's profits slumped by a lighter-than-feared 29%, but revenue gro...

  3. Fed Hopes Lift Wall Street

    FOX Business: Capitalism Lives HereU.S. stocks were mostly higher Tuesday morning as Wall Street bets the lackluster jobs report will prevent the Federal Reserve fro...

  4. Wall Street Jumps as Data Boost Fed Optimism

    FOX Business: Capitalism Lives HereU.S. equity markets climbed on Tuesday as traders took tepid jobs data as an indication the Fed probably won't star easing off the...

  5. United Tech Beats on 3Q Profit

    United Technologies (NYSE:UTX) reported a 1.2% improvement in its third-quarter profit, driven by stronger Otis and aerospace sales.The maker of Pratt & Whitney airc...

  6. CFM says jet engine testing going to plan

    CFM International, the world's largest maker of jet engines by number of units sold, said on Wednesday that testing of a new powerplant for the next generation of na...

  7. Lockheed to Furlough 3K Workers Amid Shutdown

    Lockheed Martin (NYSE:LMT) said Friday it will furlough roughly 3,000 employees next week amid a continued shutdown of the federal government.The defense contractor,...

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