Industrials

United Tech Approves of $5.4B Buyback

United Technologies’ board approved a buyback on Monday for up to 60 million shares worth about $5.4 billion and declared a dividend. 

United Tech Approves of $5.4B Buyback

United Technologies’ board approved a buyback on Monday for up to 60 million shares worth about $5.4 billion and declared a dividend. 

Dow Chemical 4Q Profit Comes Up Short

Dow Chemical reported a lower-than-expected adjusted profit on Thursday, as demand for polyurethane and chlorine dwindled, especially in China and Europe.

Cargill's Quarterly Profit Quadruples

Agribusiness giant Cargill saw a quadrupling of its quarterly earnings, led by profits from trading operations amid the effects of the devastating drought that hit the U.S. last summer.