Edition:
United States

United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

133.58USD
22 Feb 2018
Change (% chg)

$4.32 (+3.34%)
Prev Close
$129.26
Open
$131.46
Day's High
$134.57
Day's Low
$131.07
Volume
1,544,531
Avg. Vol
1,031,042
52-wk High
$139.21
52-wk Low
$109.11

Latest Key Developments (Source: Significant Developments)

UTC Aerospace selected to supply wheels and brakes to four airlines
Sunday, 12 Nov 2017 11:00pm EST 

Nov 12 (Reuters) - UTC Aerospace Systems :Co selected to supply wheels and brakes to four airlines: Flydubai, JetSmart, Virgin Atlantic and Xiamen Airlines​.Agreements include more than 160 aircraft and represent more than $56 million in new business for UTC Aerospace Systems.  Full Article

United Technologies prices offering of Euro-denominated senior notes
Monday, 6 Nov 2017 09:31am EST 

Nov 6 (Reuters) - United Technologies Corp :United Technologies prices offering of Euro-denominated senior notes.United Technologies Corp - ‍Priced an offering of EUR 750 million aggregate principal amount of senior floating rate notes due 2019​.  Full Article

U.S. CPSC says Kidde recalls 40.5 mln fire extinguishers
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - ‍U.S. CPSC::‍Kidde recalls 40.5 million fire extinguishers with plastic handles due to failure to discharge and nozzle detachment​.In relation to recall of fire extenguishers, Kidde is aware of a 2014 death involving a car fire following a crash​.  Full Article

India's IndiGo facing challenges in obtaining slots at major airports
Tuesday, 31 Oct 2017 08:36am EDT 

Oct 31 (Reuters) - Interglobe Aviation Ltd ::Says facing challenges in obtaining slots at major airports during peak times.Says has flexibility under contract with Airbus <<>> to switch to other planes from A320neo aircraft.Says will still look at buying aircraft despite 5 percent goods and services tax.  Full Article

India's IndiGo expects to take 12-15 months to resolve Pratt & Whitney engine issues
Tuesday, 31 Oct 2017 08:00am EDT 

Oct 31 (Reuters) - Interglobe Aviation Ltd ::Says has started receiving spare engines from Pratt & Whitney, no planes on ground.Says does not expect to receive same magnitude of credit from manufacturers going forward.Says expect it to take 12-15 months to resolve issues with Pratt & Whitney engines.Says booked a forex loss of 460 million rupees this quarter versus gain of 346 million rupees year ago.Says looking at owning ATR small planes outright, will take first delivery in December.  Full Article

Hexcel, UTC Aerospace Systems extend existing contract through 2030
Monday, 30 Oct 2017 04:15pm EDT 

Oct 30 (Reuters) - Hexcel Corp ::Hexcel and UTC Aerospace Systems extend existing contract through 2030.Hexcel - contract with UTC Aerospace Systems' aerostructures business to supply advanced composites for commercial aerospace programs extended.Hexcel Corp says ‍expects extension to generate total sales of more than $1 billion throughout its term​.  Full Article

UTC says on track to achieve its 2017 GTF engines target of 350-400 units - Conf call
Tuesday, 24 Oct 2017 12:21pm EDT 

Oct 24 (Reuters) - United Technologies Corp :Says with 254 engines shipped year-to-date, Pratt remains on track to deliver 350 to 400 engines this year.Says co is looking at design alternatives that are expected to further improve durability of the GTF engine.Says allocated more of the GTF engines produced towards spares to support airline operators who are dealing with engine durability issues.Says continue to expect EPS growth in 2018 with each of its 4 business units being flat to up in earnings next year.  Full Article

UTC reports third quarter 2017 results, raises 2017 outlook
Tuesday, 24 Oct 2017 06:55am EDT 

Oct 24 (Reuters) - United Technologies Corp :UTC reports third quarter 2017 results, raises 2017 outlook.Q3 adjusted earnings per share $1.73.Q3 sales $15.1 billion versus I/B/E/S view $14.98 billion.Q3 earnings per share view $1.69 -- Thomson Reuters I/B/E/S.Q3 GAAP earnings per share $1.67.United technologies corp - ‍raising full-year outlook, and now expect adjusted EPS of $6.58 to $6.63​.United Technologies Corp - ‍in quarter, new equipment orders at Otis were down 4 percent at constant currency versus prior year​.United Technologies Corp - qtrly ‍equipment orders at UTC climate, controls & security increased by 2 percent organically​.United Technologies Corp - sees 2017 ‍sales of $59.0 to $59.5 billion​.United Technologies Corp qtrly ‍commercial aftermarket sales were up 11 percent at both Pratt & Whitney and UTC Aerospace Systems​.United Technologies Corp - ‍there is no change in company's previously provided 2017 expectations for organic sales growth of 3 to 4 percent​.FY2017 earnings per share view $6.57, revenue view $59.44 billion -- Thomson Reuters I/B/E/S.  Full Article

Pratt & Whitney Canada says selected by Republic Airline to perform certain maintenance services ​
Thursday, 12 Oct 2017 11:00am EDT 

Oct 12 (Reuters) - Pratt & Whitney Canada::Pratt & Whitney Canada says has been selected by Republic Airline Inc. to perform all maintenance services on the APS 2300 APUs aboard Republic's fleet​.  Full Article

United Technologies adds Meghan O'Sullivan to its board
Wednesday, 11 Oct 2017 04:36pm EDT 

Oct 11 (Reuters) - United Technologies Corp ::Meghan L. O'sullivan, of Harvard University, to join United Technologies board of directors.Meghan O'Sullivan was elected to United Technologies board, effective Nov. 1 ​.  Full Article

US STOCKS-Dow, S&P climb on energy and industrials; Nasdaq falls

* Dow up 0.66 pct, S&P 500 up 0.10 pct, Nasdaq down 0.11 pct (Updates to market close)