News: United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

108.45USD
19 Sep 2014
Price Change (% chg)

$-0.07 (-0.06%)
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$108.52
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Tue, Sep 16 2014

United Technologies eyes large M&A, but sees weak deal pipeline

- U.S. manufacturer United Technologies Corp is looking for large acquisitions, but does not see a wealth of opportunities with the soaring stock market driving up prices, the company's chief financial officer said on Tuesday.

CORRECTED-United Technologies eyes large M&A, but sees weak deal pipeline

(Corrects throughout to read United Technologies instead of United Technology)

GE exec says avoided geared design in jet engine battle with Pratt

- General Electric Co avoided using a geared design for its new engine for narrowbody jets because of concerns about weight and reliability, said a top GE executive on Monday as it battles with rival Pratt & Whitney for billions of dollars in engine orders.

Pratt says next F-35 engine deals will cut costs by 7-8 percent

WASHINGTON - Pratt & Whitney, a unit of United Technologies Corp, said its contracts with the Pentagon for the next two batches of engines for the Lockheed Martin Corp F-35 fighter jet will result in combined cost savings of 7 percent to 8 percent.

UPDATE 1-Pratt says next F-35 engine deals will cut costs by 7-8 pct

WASHINGTON, Sept 15 - Pratt & Whitney, a unit of United Technologies Corp, said its contracts with the Pentagon for the next two batches of engines for the Lockheed Martin Corp F-35 fighter jet will result in combined cost savings of 7 percent to 8 percent.

UPDATE 2-U.S. uses state secrets law to intervene in Iran-related lawsuit

(Adds response by lawyers for both sides in lawsuit, paragraph 5)

CORRECTED-(OFFICIAL)-REUTERS SUMMIT-Pratt sees clarity on 'root cause' of F-35 engine issue by end Sept.

(Official correction to final two paragraphs to clarify which component made by Cobham Plc)

UPDATE 1-EU delays new Russia sanctions, to meet on Thursday

* Russia's United Aircraft Corporation on the sanctions list

Russia's battle-tank maker Uralvagonzavod on EU sanctions list: draft

BRUSSELS - Battle-tank maker Uralvagonzavod, aerospace company Oboronprom and state-controlled United Aircraft Corporation (UAC) are among Russian companies to face new EU sanctions if the bloc decides to implement them, according to a draft obtained by Reuters.

Russia's battle-tank maker Uralvagonzavod on EU sanctions list -draft

BRUSSELS, Sept 10 - Battle-tank maker Uralvagonzavod, aerospace company Oboronprom and state-controlled United Aircraft Corporation (UAC) are among Russian companies to face new EU sanctions if the bloc decides to implement them, according to a draft obtained by Reuters.

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