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United Technologies Corp

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  • WASHINGTON, June 2- Sikorsky Aircraft said a major restructuring announced Tuesday is "completely unrelated" to an ongoing review by its parent company, United Technologies Corp, about strategic options for Sikorsky, including a possible spinoff. "Today's announcement is based on the current challenging market conditions and is independent of United...

  • WASHINGTON, June 2- Sikorsky Aircraft, a unit of United Technologies Corp, on Tuesday said it would cut 1,400 jobs over the next 12 months and consolidate facilities due to a drop in production volumes and lower investment in offshore oil projects.

  • ST. PAUL, Minn., June 1- At a time when many companies are investing a smaller portion of revenues in research and development, 3 M Co has given Chief Technology Officer Ashish Khandpur more to spend, and he is aiming at bigger targets. Khandpur, a 20- year 3 M veteran and chemical engineer who holds patents related to pressure-sensitive adhesives, is helping oversee a...

  • WASHINGTON, May 27- The U.S. Navy on Wednesday said it had signed a deal with Japan to buy components from two decommissioned, U.S.-built MH-53E heavy-lift helicopters operated by the Asian country, and other spare parts to help service its own aging fleet of H-53 aircraft. The deal is small, valued at just over $67,000, but marks the first time that Naval Air Systems...

  • WASHINGTON, May 22- The U.S. State Department has approved the sale of 10 MH-60R Seahawk helicopters to Saudi Arabia for $1.9 billion, the first step in a major multibillion-dollar modernization of the Saudi navy's eastern fleet. The Pentagon's Defense Security Cooperation Agency notified lawmakers on Thursday about the possible arms sale, which has been...

  • Beware of bond bubble forming in ETFs Wednesday, 20 May 2015 | 2:08 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.

  • Early movers: LOW, JNJ, YHOO, HRL, NOC & more Wednesday, 20 May 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • May 19- United Technologies Corp is in talks with potential buyers for its Sikorsky Aircraft business, according to four people familiar with the situation. Airbus Group, Boeing and Lockheed Martin Corp are exploring their options for a deal, but a steep $3 billion tax bill associated with an outright sale of Sikorsky continues to dampen the interest of big...

  • WASHINGTON, May 19- The U.S. Marine Corps is "tracking very well" toward declaring a squadron of 10 F-35 jets built by Lockheed Martin Corp ready for initial combat use by July 15, Lieutenant General Jon Davis, the top general in charge of Marine Corps aviation, said on Tuesday. In a step toward that goal, the Marine Corps will use an MV-22 tilt-rotor aircraft to...

  • United Technologies closes in on Sikorsky sale: DJ Tuesday, 19 May 2015 | 6:28 PM ET
    Aircraft technicians assemble an S-76D helicopter at  in Sikorsky Global Helicopters in Coatesville, Pennsylvania, October 16, 2014.

    United Technologies began exploring strategic alternatives for the helicopter business, including a spinoff, earlier this year.

  • This simple math points to Dow 21,700: Analyst Tuesday, 19 May 2015 | 4:25 PM ET
    Dow Jones sign

    Carter Worth of Cornerstone Macro says the Dow could climb to 21,700 if it traded at the same multiple as the S&P 500.

  • Record confusion: Narrowest Dow price range ever Monday, 18 May 2015 | 12:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The third longest-bull market in history appears to be running out of steam. Here's what to buy.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed in choppy trade on Friday, as disappointing data weighed on investor sentiment amid dollar declines and lower bond yields

  • SINGAPORE, May 13- The maiden flight of China's only homegrown commercial jet, the Comac C919, is behind schedule and delivery could be pushed back as much as two years, sources familiar with the programme said, dealing a blow to its push to challenge Airbus and Boeing. China has high hopes for the C919 in the lucrative narrow-body market which accounts for more than...

  • SINGAPORE, May 13- The maiden flight of China's Comac C919 commercial jet is behind schedule and its delivery could be pushed back as much as two years, sources familiar with the programme said, dimming its hopes of challenging Airbus and Boeing. The final assembly of the first aircraft is taking longer than expected at the production facility in Shanghai, said...

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed higher as investors cheered a jobs report that showed economic growth but not enough for most to see immediate Fed tightening.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.

  • Lightning Round: Let this stock come down Wednesday, 29 Apr 2015 | 7:00 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • WASHINGTON, April 27- The Pentagon's internal watchdog on Monday said it found 61 violations of quality management rules and policies during an inspection of Pratt& Whitney's work on the F-35 fighter jet engine and warned the problems could lead to further cost increases and schedule delays on the biggest U.S. arms program. More than half of the problems were...

  • WASHINGTON, April 27- The Pentagon's internal watchdog on Monday said it found 61 violations of quality management rules and policies during an inspection of Pratt& Whitney's work on the F-35 fighter jet engine and warned that the problems could lead to further cost increases and schedule delays on the biggest U.S. arms program. More than half of the problems...