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United Technologies Corp

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  • Early Glance: Aerospace companies Friday, 20 Mar 2015 | 10:19 AM ET

    Lockheed Martin Corp. rose$. 48 or. 2 percent, to $202.67. Northrop Grumman Corp. rose$. 26 or. 2 percent, to $162.78. Raytheon rose $1.59 or 1.4 percent, to $112.33.

  • Midday Glance: Aerospace companies Thursday, 19 Mar 2015 | 2:00 PM ET

    Lockheed Martin Corp. fell$. 94 or. 5 percent, to $201.66. Northrop Grumman Corp. fell$. 78 or. 5 percent, to $162.06. Raytheon fell$. 08 or. 1 percent, to $110.59.

  • WASHINGTON, March 19- The Pentagon on Thursday lowered the projected procurement cost of Lockheed Martin Corp's F-35 fighter jet by almost two percent and officials vowed to keep trimming the cost of the largest U.S. arms program. Lockheed and the Pentagon's F-35 program office welcomed the lower cost estimate for the stealthy new warplanes and said they were...

  • Early Glance: Aerospace companies Thursday, 19 Mar 2015 | 10:22 AM ET

    Lockheed Martin Corp. fell$. 06 or percent, to $202.54. Northrop Grumman Corp. rose$. 45 or. 3 percent, to $163.29. Raytheon rose$. 25 or. 2 percent, to $110.92.

  • US stocks rebound on dovish Fed, with Dow topping 18K Wednesday, 18 Mar 2015 | 4:00 PM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher as investors cheered the Fed's statement that indicated a rate hike would come later rather than sooner.

  • Midday Glance: Aerospace companies Wednesday, 18 Mar 2015 | 2:23 PM ET

    Lockheed Martin Corp. fell $1.84 or. 9 percent, to $198.83. Northrop Grumman Corp. fell $1.22 or. 8 percent, to $159.94. Raytheon fell$. 67 or. 6 percent, to $108.42.

  • Early Glance: Aerospace companies Wednesday, 18 Mar 2015 | 11:37 AM ET

    Lockheed Martin Corp. fell$. 66 or. 3 percent, to $200.01. Northrop Grumman Corp. fell$. 95 or. 6 percent, to $160.21. Raytheon fell$. 38 or. 3 percent, to $108.71.

  • Final Glance: Aerospace companies Tuesday, 17 Mar 2015 | 6:16 PM ET

    Lockheed Martin Corp. fell $1.44 or. 7 percent, to $200.67. Northrop Grumman Corp. fell$. 18 or. 1 percent, to $161.16. Raytheon fell$. 51 or. 5 percent, to $109.09.

  • Midday Glance: Aerospace companies Tuesday, 17 Mar 2015 | 2:32 PM ET

    Lockheed Martin Corp. fell $1.79 or. 9 percent, to $200.32. Northrop Grumman Corp. fell$. 71 or. 4 percent, to $160.63. Raytheon fell$. 48 or. 4 percent, to $109.12.

  • A hidden bear market in Dow threatens all stocks Tuesday, 17 Mar 2015 | 11:30 AM ET
    Pedestrians walk past IBM's building in New York.

    The Dow has a hidden bear market going on within it as a third of the members in the blue chip barometer have hit new 52-week lows this year.

  • Early Glance: Aerospace companies Tuesday, 17 Mar 2015 | 10:28 AM ET

    Lockheed Martin Corp. fell $1.35 or. 7 percent, to $200.76. Northrop Grumman Corp. fell$. 82 or. 5 percent, to $160.52. Raytheon fell$. 55 or. 5 percent, to $109.05.

  • March 16- General Electric Co Chief Executive Officer Jeff Immelt is sticking by his company's model for housing diverse businesses under one roof at a time when other U.S. conglomerates are looking at hiving off units to please investors. In a wide-ranging annual letter to shareholders released on Monday, Immelt details advantages from such scale through...

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

    U.S. stocks closed lower, as a week of mixed economic data, dollar strength and low oil prices made traders cautious ahead of next week’s Fed meeting.

  • NEW YORK, March 12- United Technologies Corp's chief executive officer said on Thursday that a sale of its Sikorsky helicopter unit would be "very hard" due to the heavy tax liability that would come with such a disposition. United Technologies said on Wednesday it is exploring alternatives for Sikorsky, including a potential spinoff. "I think a sale would be very...

  • NEW YORK, March 12- United Technologies Corp's chief executive officer said on Thursday that a sale of its Sikorsky helicopter unit would be "very hard" due to the heavy tax liability that would come with such a disposition. United Technologies said on Wednesday it is exploring alternatives for Sikorsky, including a potential spinoff. "I think a sale would be very...

  • NEW YORK, March 12- United Technologies Corp's chief executive officer said on Thursday that the company will spend $1 billion on acquisitions this year, "maybe a little bit more." United Technologies CEO Greg Hayes, speaking at investor day in New York, previously said he was interested in large deals. Hayes also said the company expects $45 billion in free...

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • Why UTC may spin off Sikorsky copter unit: CEO Thursday, 12 Mar 2015 | 8:48 AM ET
    A Black Hawk S-70i helicopter, manufactured by United Technologies Corp.'s Sikorsky Aircraft unit

    Spinning off Sikorsky from UTC would give shareholders a choice between owning two businesses, CEO Gregory Hayes tells CNBC.

  • Early movers: SHAK, BOX, DG, HPQ, UTX, LL & more Thursday, 12 Mar 2015 | 8:04 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • UTC plans spin-off for Black Hawk unit Thursday, 12 Mar 2015 | 3:42 AM ET
    U.S. military Blackhawk and Chinook helicopters.

    United Technologies plans to dispose of its business that builds the Black Hawk military helicopter. The FT reports.