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United Technologies Corp

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  • Early Glance: Aerospace companies Thursday, 19 Feb 2015 | 10:50 AM ET

    Boeing rose$. 81 or. 5 percent, to $151.98. Lockheed Martin Corp. rose$. 99 or. 5 percent, to $199.56. Northrop Grumman Corp. rose$. 54 or. 3 percent, to $168.22.

  • Final Glance: Aerospace companies Wednesday, 18 Feb 2015 | 6:30 PM ET

    Boeing rose $1.25 or. 8 percent, to $151.17. Lockheed Martin Corp. rose $1.00 or. 5 percent, to $198.57. Northrop Grumman Corp. rose$. 08 or percent, to $167.68.

  • Midday Glance: Aerospace companies Wednesday, 18 Feb 2015 | 1:18 PM ET

    Boeing rose $1.28 or. 9 percent, to $151.20. Lockheed Martin Corp. fell$. 47 or. 2 percent, to $197.10. Northrop Grumman Corp. fell$. 83 or. 5 percent, to $166.77.

  • Lockheed says technology investments cut cost of F-35 jets Wednesday, 18 Feb 2015 | 12:00 PM ET

    WASHINGTON, Feb 18- Lockheed Martin Corp said a series of manufacturing changes and technology investments were already driving down the cost of the F-35 fighter jet, and the savings were set to triple in the ninth batch of jets to be produced. Under the initiative, Lockheed and its key suppliers, Northrop Grumman Corp and Britain's BAE Systems agreed to invest...

  • Early Glance: Aerospace companies Wednesday, 18 Feb 2015 | 10:53 AM ET

    Boeing rose$. 91 or. 6 percent, to $150.83. Lockheed Martin Corp. fell$. 22 or. 1 percent, to $197.35. Northrop Grumman Corp. fell $1.25 or. 7 percent, to $166.35.

  • Final Glance: Aerospace companies Tuesday, 17 Feb 2015 | 6:09 PM ET

    Boeing rose$. 19 or. 1 percent, to $149.92. Lockheed Martin Corp. rose$. 62 or. 3 percent, to $197.57. Northrop Grumman Corp. rose$. 46 or. 3 percent, to $167.60.

  • Midday Glance: Aerospace companies Tuesday, 17 Feb 2015 | 1:31 PM ET

    Boeing fell$. 23 or. 2 percent, to $149.50. Lockheed Martin Corp. rose$. 91 or. 5 percent, to $197.86. Northrop Grumman Corp. rose$. 64 or. 4 percent, to $167.78.

  • Early Glance: Aerospace companies Tuesday, 17 Feb 2015 | 11:00 AM ET

    Boeing fell$. 10 or. 1 percent, to $149.63. Lockheed Martin Corp. fell$. 15 or. 1 percent, to $196.80. Northrop Grumman Corp. fell$. 30 or. 2 percent, to $166.84.

  • *Chairman Laurent Beaudoin to retire. *Pierre Beaudoin takes over as chairman. Feb 12- Bombardier Inc stunned investors as it scrambled on Thursday to deal with big cost overruns in its long-delayed CSeries passenger jet program: replacing its chief executive, suspending dividends, and saying it needs to raise $2 billion in new debt and equity.

  • Feb 12- After reporting a quarterly loss, Bombardier Inc said Thursday it plans to raise more than $2 billion in equity and debt, suspend its dividends and shuffle its leadership, bringing in an outsider as chief executive. A former United Technologies Corp executive, Alain Bellemare, will become chief executive on Friday, replacing Pierre Beaudoin, who will...

  • UPDATE 2-Bombardier names new CEO in management rejig Thursday, 12 Feb 2015 | 7:41 AM ET

    *Pierre Beaudoin takes over as chairman. Feb 12- Bombardier Inc Chairman Laurent Beaudoin is retiring after more than 50 years as part of a management shuffle that also brings in a new chief executive at a time when the company is struggling with delays in its CSeries jet program. Bellemare will take over from Pierre Beaudoin, Laurent Beaudoin's son.

  • Feb 12- Bombardier Inc named a former United Technologies Corp executive as CEO, and reported a quarterly loss due to a $1.4 billion charge related to its decision to suspend its Learjet 85 business aircraft program. The Canadian plane and train manufacturer said Alain Bellemare would replace Pierre Beaudoin, who is stepping down as president and chief...

  • Feb 11- Canadian fuel cell maker Ballard Power Systems Inc's shares soared 63 percent after it said Volkswagen AG would pay more than $80 million to buy some patents and extend a service contract. Ballard said on Wednesday it would sell to the German carmaker the automotive-related portion of the fuel cell patents it had bought from United Technologies Corp...

  • WASHINGTON, Feb 5- The Pentagon's plans to fund 50 percent more F-35 fighter jets in fiscal 2016 will help drive down the price of the new plane and its engine, a top official at engine maker Pratt& Whitney, a unit of United Technologies Corp, said on Thursday. The Pentagon plans to spend nearly $400 billion to develop and build 2,457 of the radar-evading warplanes...

  • WASHINGTON, Feb 5- Sikorsky Aircraft, a unit of United Technologies Corp, is seeing a big spike in demand for its UH-60 Black Hawk helicopters from Eastern Europe, a top company executive said on Thursday. Several Eastern European countries have already submitted a formal request for the aircraft to the U.S. government, Samir Mehta, president of Sikorsky Defense...

  • -$3.4 billion for 16 P-8 maritime surveillance planes built by Boeing Co.. -$3 billion for continued development of Boeing's KC-46A refueling planes, or tankers. -$11.6 billion for nine new ships, including smaller coastal warships built by Lockheed and Australia's Austal, an aircraft carrier being built by Huntington Ingalls Industries, and other submarines...

  • Last year, the Navy also omitted EA-18G jets, or Growlers, from its base budget request, but later told Congress on an "unfunded priority list" that it wanted $2.1 billion to buy 22 more of the planes, given the growing threat of electronic attacks. Lawmakers ultimately funded 15 of them in the fiscal 2015 budget passed by Congress, which is expected to maintain...

  • Stocks rally after 2-day rout; Dow ends up 225 points Thursday, 29 Jan 2015 | 4:55 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks rose Thursday after a two-day rout, as Ford Motor rose on earnings and fewer filed jobless claims.

  • The real Deflategate you should be freaking about Wednesday, 28 Jan 2015 | 8:59 AM ET

    Deflation is an economic nightmare that is starting to look like a reality, and central bankers shouldn't be the only ones freaking out.

  • Cramer: Avoid the whiners, Apple wasn't crying! Tuesday, 27 Jan 2015 | 6:12 PM ET

    Wine is for drinking! Not for companies to complain. Jim Cramer advises sticking with domestic winners.