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United Technologies Corp

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  • ABU DHABI, Feb 25- Sikorsky Aircraft Corp, a unit of United Technologies Corp, expects to sell around 400 helicopters in the Middle East over the next five to ten years, roughly as many as it has delivered to the region to date, its regional head said on Wednesday. "Expansion of the existing fleet of 400 will be in a proportional manner, and modernisation is going to drive...

  • Final Glance: Aerospace companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Lockheed Martin Corp. rose $1.03 or. 5 percent, to $206.62. Northrop Grumman Corp. fell$. 33 or. 2 percent, to $170.19. Raytheon rose$. 53 or. 5 percent, to $110.19.

  • Midday Glance: Aerospace companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    Lockheed Martin Corp. rose$. 21 or. 1 percent, to $205.80. Northrop Grumman Corp. fell$. 68 or. 4 percent, to $169.84. Raytheon rose$. 26 or. 2 percent, to $109.92.

  • Early Glance: Aerospace companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    Lockheed Martin Corp. fell$. 50 or. 2 percent, to $205.09. Northrop Grumman Corp. fell$. 71 or. 4 percent, to $169.81. Raytheon fell$. 21 or. 2 percent, to $109.46.

  • Final Glance: Aerospace companies Monday, 23 Feb 2015 | 6:04 PM ET

    Lockheed Martin Corp. rose $1.60 or. 8 percent, to $205.59. Northrop Grumman Corp. fell $1.68 or 1.0 percent, to $170.52. Raytheon rose$. 78 or. 7 percent, to $109.66.

  • Midday Glance: Aerospace companies Monday, 23 Feb 2015 | 1:20 PM ET

    Lockheed Martin Corp. rose$. 99 or. 5 percent, to $204.98. Northrop Grumman Corp. fell$. 99 or. 6 percent, to $171.21. Raytheon rose$. 60 or. 6 percent, to $109.48.

  • Early Glance: Aerospace companies Monday, 23 Feb 2015 | 10:40 AM ET

    Lockheed Martin Corp. rose$. 12 or. 1 percent, to $204.11. Northrop Grumman Corp. fell$. 52 or. 3 percent, to $171.68. Raytheon rose$. 24 or. 2 percent, to $109.12.

  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • Final Glance: Aerospace companies Friday, 20 Feb 2015 | 6:00 PM ET

    Boeing rose $4.56 or 3.0 percent, to $158.31. Lockheed Martin Corp. rose $2.28 or 1.1 percent, to $203.99. Northrop Grumman Corp. rose $2.07 or 1.2 percent, to $172.20.

  • Midday Glance: Aerospace companies Friday, 20 Feb 2015 | 1:36 PM ET

    Boeing rose $4.08 or 2.7 percent, to $157.83. Lockheed Martin Corp. rose$. 79 or. 4 percent, to $202.50. Northrop Grumman Corp. rose$. 85 or. 5 percent, to $170.98.

  • Early Glance: Aerospace companies Friday, 20 Feb 2015 | 10:50 AM ET

    Boeing rose $2.20 or 1.4 percent, to $155.95. Lockheed Martin Corp. fell$. 80 or. 4 percent, to $200.91. Northrop Grumman Corp. fell$. 29 or. 2 percent, to $169.84.

  • NEW YORK, Feb 19- Diversified U.S. manufacturer Emerson Electric Co is "moving to being more of a buyer"- after shedding businesses worth $3.5 billion in recent years- and would consider multi-billion-dollar acquisitions, the company's president said on Thursday. Emerson is still exploring $500 million to $1 billion worth of divestitures to focus the business,...

  • 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...

  • 7 companies getting hammered by rising dollar Friday, 13 Feb 2015 | 1:32 PM ET
    A clerk counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia.

    The strengthening greenback is taking its toll on many companies. Here are seven hard-hit ones.

  • *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...