United Technologies

UTC Sees Margin Improvement From GE Security Deal

By Christopher Hinton| MarketWatch Pulse| Markets

… Christopher Hinton MarketWatch Pulse NEW YORK -- Ari Bousbib, head of United Technologies Corp . commercial companies, said Thursday he expects the acquisition of GE Security to improve margins at UTC Fire & Security by 500 …

Story|11/12/2009

GE Sells Security Unit To United Tech For $1.8 Billion

By Christopher Hinton| MarketWatch Pulse| Markets

… Christopher Hinton MarketWatch Pulse NEW YORK -- United Technologies Corp . said Thursday it agreed to buy the security ..... A closing date was not provided. Shares of United Technologies closed Wednesday at $66.97. Shares of GE rose …

Story|11/12/2009

United Tech May Buy GE's Security Systems Unit

By Matt Egan| FOXBusiness| Markets

… Comcast (CMCSA), General Electric (GE) is eyeing a $1.8 billion sale to unload its security systems unit to United Technologies (UTX), according to a published report. GE and United Tech could announce a deal as early as Nov. 12, Bloomberg …

Story|11/11/2009

UTC Is Not Looking For Any Big Acquisitions -CEO

By Christopher Hinton| MarketWatch Pulse| Markets

… Christopher Hinton MarketWatch Pulse NEW YORK -- United Technologies Corp . Chief Executive Louis Chenevert said Wednesday he doesn't see any "big plays" ahead in the mergers and acquisitions arena …

Story|11/04/2009

UTC: a Renewed Aerospace Downturn Is 'unlikely'

By Christopher Hinton| MarketWatch Pulse| Markets

… MarketWatch Pulse NEW YORK -- Louis Chenevert, chief executive of jet-engine and aviation-equipment provider United Technologies Corp ., said Wednesday that a renewed or accelerated downturn in parts and maintenance sales to airlines "is unlikely …

Story|11/04/2009

United Technologies Quarterly Profit Fell 14%

By Christopher Hinton| MarketWatch Pulse| Markets

… MarketWatch Pulse NEW YORK -- United Technologies Corp . said Tuesday its third ..... average. For the full year, United Technologies said it expects to earn ..... 08 a share. Shares of United Technologies slipped a fraction premarket …

Story|10/20/2009

United Technologies Reports 17% Drop in Income on Falling Revenue

By Matt Egan| FOXBusiness| Markets

… Matt Egan FOXBusiness United Technologies (UTX) suffered a 17% tumble in third-quarter net income amid falling revenues on Tuesday but the Dow component’s quarterly …

Story|10/20/2009

Stocks In Focus For Tuesday

By MarketWatch| MarketWatch| Markets

… post earnings of 77 cents a share in the third quarter, according to analysts surveyed by FactSet Research. United Technologies Corp . (UTX) is expected to report third-quarter earnings of $1.12 a share, according to analysts surveyed …

Story|10/19/2009

Stocks In Focus For Thursday

By MarketWatch| MarketWatch| Markets

… pension obligations, according to the Times. United Technologies Corp . (UTX) said that Chairman George David will retire at the end of the year. United Technologies President and Chief Executive Louis Chenevert …

Story|10/14/2009

United Tech's Chairman George David To Retire

By Wallace Witkowski| MarketWatch Pulse| Markets

… Witkowski MarketWatch Pulse SAN FRANCISCO -- United Technologies Corp . said late Wednesday that Chairman George David will retire at the end of the year. United Technologies President and Chief Executive Louis Chenevert …

Story|10/14/2009