Edition:
United States

United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

121.82USD
3:07pm EDT
Change (% chg)

$-0.43 (-0.35%)
Prev Close
$122.25
Open
$122.31
Day's High
$122.41
Day's Low
$121.59
Volume
289,211
Avg. Vol
814,360
52-wk High
$122.84
52-wk Low
$96.90

Latest Key Developments (Source: Significant Developments)

United Technologies prices offering of $1,000 mln aggregate principal amount of 1.900 pct notes due 2020
Monday, 1 May 2017 05:46pm EDT 

May 1 (Reuters) - United Technologies Corp ::United Technologies prices offering of senior notes.United Technologies Corp says has priced an offering of $1,000 million aggregate principal amount of 1.900% notes due 2020.United Technologies Corp says has also priced $600 million aggregate principal amount of 4.050% notes due 2047.United Technologies Corp -priced $800 million aggregate principal amount of 2.800% notes due 2024, $1.1 billion aggregate principal amount of 3.125% notes due 2027.United Technologies Corp - priced an offering o $500 million aggregate principal amount of 2.300% notes due 2022.  Full Article

UTC Q1 adjusted earnings per share $1.48
Wednesday, 26 Apr 2017 06:30am EDT 

April 26 (Reuters) - United Technologies Corp ::United Technologies Corp - reaffirms 2017 expectations for adjusted EPS of $6.30 to $6.60 on sales of $57.5 billion to $59 billion.UTC reports first quarter 2017 results.Q1 adjusted earnings per share $1.48.Q1 GAAP earnings per share $1.73.Q1 sales $13.8 billion versus I/B/E/S view $13.48 billion.Q1 earnings per share view $1.39 -- Thomson Reuters I/B/E/S.FY 2017 earnings per share view $6.55, revenue view $58.75 billion -- Thomson Reuters I/B/E/S.United Technologies Corp - in quarter, Otis new equipment orders increased 4 percent versus prior year at constant currency.United Technologies Corp - "remain fully confident in our 2017 expectations and our 2020 targets".Qtrly equipment orders at UTC climate, controls & security increased by 7 percent.Qtrly commercial aftermarket sales were up 7 percent at Pratt & Whitney and were up 12 percent at UTC aerospace systems.United Technologies Corp - Q1 GAAP EPS included 25 cents of favorable non-recurring significant items net of restructuring.  Full Article

United Technologies announces secondary offering of its position in Watsco common stock
Thursday, 23 Feb 2017 04:27pm EST 

United Technologies Corp : United Technologies announces secondary offering of its position in Watsco common stock . Commencement of an underwritten secondary offering of 4.2 million shares of common stock of Watsco. .Watsco is not offering any shares of common stock and will not receive any proceeds from sale of shares offered.  Full Article

U.S. CPSC says Carrier expands recall of packaged terminal air conditioners, heat pumps due to fire hazard
Thursday, 23 Feb 2017 01:00pm EST 

U.S. Consumer Product Safety Commission: Carrier expands recall of packaged terminal air conditioners and heat pumps due to fire hazard . As part of recall, Carrier has received 14 additional reports of overheating; no injuries have been reported in the additional incidents . Expanded recall involves packaged terminal air conditioners, packaged terminal heat pumps sold under the bryant, carrier and fast brand names .Recall involves about 94,000 units (in addition, about 285,000 previously recalled in Dec 2015, 185,000 were previously recalled in Nov 2007).  Full Article

Pratt & Whitney says will invest about $386 mln in Georgia facility
Tuesday, 14 Feb 2017 02:15pm EST 

Pratt & Whitney : Pratt & Whitney says will invest approximately $386 million in its Columbus, Georgia, facility .Pratt & Whitney says investment to increase production of parts and maintenance services and to reduce costs for new and existing engine programs.  Full Article

UNITED TECHNOLOGIES SETS QUARTERLY DIVIDEND OF $0.66 PER SHARE
Monday, 6 Feb 2017 12:15pm EST 

United Technologies Corp :SETS QUARTERLY DIVIDEND OF $0.66 PER SHARE.  Full Article

UTC announces 2017 EPS and sales expectations
Wednesday, 14 Dec 2016 05:00pm EST 

United Technologies Corp : FY2017 revenue view $59.17 billion -- Thomson Reuters I/B/E/S . United Technologies Corp - Remain confident in 2020 outlook of mid to high single-digit organic sales growth . United Technologies - In 2017 expect rise in organic sales growth despite a slow growth macro-environment and investments in aerospace ramp-up . FY2016 revenue view $57.30 billion -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $6.60 -- Thomson Reuters I/B/E/S . UTC announces 2017 EPS and sales expectations . Reaffirms FY 2016 adjusted earnings per share view $6.55 to $6.60 . Sees FY 2017 adjusted earnings per share $6.30 to $6.60 . Sees FY 2017 sales $57.5 billion to $59 billion .Sees FY 2016 sales $57 billion to $58 billion.  Full Article

UTC sees FY 2016 adjusted earnings per share $6.55 to $6.60
Tuesday, 25 Oct 2016 06:55am EDT 

United Technologies Corp : Utc reports third quarter 2016 results . Q3 adjusted earnings per share $1.76 . Q3 gaap earnings per share $1.74 . Q3 sales $14.4 billion versus i/b/e/s view $14.27 billion . Q3 earnings per share view $1.66 -- Thomson Reuters I/B/E/S . Sees fy 2016 adjusted earnings per share $6.55 to $6.60 . United technologies corp - increases 2016 full year adjusted eps and organic sales outlook. . Increases 2016 full year adjusted eps and organic sales outlook . Qtrly commercial aftermarket sales were up 11 percent at pratt & whitney, and up 2 percent at utc aerospace systems . United technologies corp - there is no change in company's previously provided 2016 expectations for free cash flow, share repurchases . United technologies corp - on track to return $22 billion in cash to shareholders from 2015 through 2017 . United technologies - otis new equipment orders in quarter increased 2 percent over prior year at constant currency and grew 8 percent excluding china . United technologies-sees 2016 total sales unchanged($57 to $58 billion, y-o-y growth of 2 to 3 percent) including organic sales growth of 2 to 3 percent . United technologies corp - qtrly equipment orders at utc climate, controls & security were flat on an organic basis .Fy2016 earnings per share view $6.58 -- Thomson Reuters I/B/E/S.  Full Article

United technologies sets quarterly dividend of $0.66 per share
Wednesday, 12 Oct 2016 02:00pm EDT 

United Technologies Corp:Sets quarterly dividend of $0.66 per share.  Full Article

United Techn to reduce pension liabilities by $1.77 bln
Thursday, 6 Oct 2016 05:01pm EDT 

United Technologies Corp : Announced two related actions that are expected to reduce overall size of its pension obligations by approximately $1.77 billion. . United technologies retirees,beneficiaries included in this group will not see any reduction in monthly payments . United technologies expects approximately 10,000 participants to take lump sum offer . Transactions to not diminish plans' funded status,not expected to materially impact future pension expense or require additional contributions . Pension benefit program gives some former workers option to take one-time lump sum instead of future monthly pension payments . United technologies to reduce pension liabilities . Will transfer approximately $775 million of its outstanding pension benefit obligations to prudential insurance company of america . Also implemented program offering certain former u.s. Employees or beneficiaries with a vested pension benefit . Vested pension benefit action expected to reduce co's pension benefit obligations by approximately $995 million by year-end 2016 .Expects to recognize a one-time pretax pension settlement charge in range of $400 million to $530 million in q4 of 2016.  Full Article

More From Around the Web

BRIEF-United Tech says don't see value in splitting up co's businesses - EPG 2017 Conf

* Says reaffirms 2017 organic sales growth forecast of 2-4 percent, led by Pratt & Whitney