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United Technologies Corp

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  • Orders worth $20 billion are up for grabs in the competition between Pratt& Whitney and CFM International. In contrast, CFM, a joint venture between General Electric Co and Safran, has supplied the dominant engine on narrow-body, single-aisle planes, which are the best-selling Boeing Co and Airbus Group models.

  • China's COMAC learns plane building isn't easy Wednesday, 12 Feb 2014 | 7:47 AM ET

    SINGAPORE, Feb 12- Chinese planemaker COMAC is learning the hard way as it tries to compete with heavyweights Airbus and Boeing in developing a narrow-body aircraft, apparently exposed to the perils of the supply chain and program management issues.

  • U.S. stocks rose on Tuesday as Federal Reserve Chair Janet Yellen stressed Fed continuity.

  • Feb 6- United Technologies Corp's finance chief on Thursday declined to comment on a report the company may sell or spin off its Sikorsky helicopter unit, but pointed to brightening prospects for the maker of Black Hawk helicopters.

  • NEW YORK, Feb 6- Carlyle Group LP has agreed to buy Illinois Tool Works Inc's industrial packaging unit for $3.2 billion, the private equity firm's latest acquisition of a large unit being carved out of conglomerates.

  • Carlyle nears $3B deal for Illinois Tool unit Thursday, 6 Feb 2014 | 5:02 PM ET
    A sign for the Carlyle Group, a private equity firm, in Washington, DC.

    Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.

  • NEW YORK, Feb 6- nPrivate equity firm Carlyle Group LP is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, and could announce the deal as soon as Thursday, people familiar with the matter said.

  • NEW YORK, Feb 6- Illinois Tool Works Inc is nearing a deal to sell its industrial packaging unit for more than $3 billion, with buyout firms Carlyle Group LP and Onex Corp competing in the final stretch of the auction, people familiar with the matter said. It could not be learned, however, if Illinois Tool Works has granted exclusivity to either bidder.

  • MILFORD, Conn., Feb 4- Connecticut's Democratic governor, Dannel Malloy, on Tuesday called for the state to raise its minimum wage to $10.10 an hour, matching President Barack Obama's call last month to raise the national minimum to that level.

  • MILFORD, Conn., Feb 4- Connecticut's Democratic governor, Dannel Malloy, on Tuesday called for the state to raise its minimum wage to $10.10 an hour, matching President Barack Obama's call last month to raise the national minimum to that level.

  • Does Dow have much further to fall? Thursday, 30 Jan 2014 | 6:24 PM ET

    Is the worst of the decline over for the Dow Jones Industrial Average?

  • Like gravy, lumpy stocks just don’t appeal Tuesday, 28 Jan 2014 | 6:53 PM ET

    As earnings season marches forward, Cramer will be watching closely for lumpy stocks.

  • Jan 27- Diversified manufacturer United Technologies Corp is weighing options for its Sikorsky helicopter unit, including a potential sale or spinoff, industry publication Defense News reported on Monday, citing unnamed sources. United Technologies shares were up 2 percent in afternoon trading, against relatively flat U.S. markets.

  • Midday movers: Vodafone, Sony, Xerox & More Monday, 27 Jan 2014 | 12:15 PM ET

    Some of Monday's midday movers:

  • NEW YORK, Jan 24- The profits picture painted so far by U.S. companies has given little indication of a pickup in earnings growth, supporting the argument that the stock market had come too far, too fast.

  • Budget tailwind for defense could drive more gains Friday, 24 Jan 2014 | 1:02 PM ET
    Lockheed Martin's F-35C

    The bull run in defense stocks is expected to continue, despite lingering concerns about federal spending.

  • Cramer: Confounding earnings, curious moves Wednesday, 22 Jan 2014 | 6:45 PM ET

    Sometimes moves in the market just don’t seem to make sense. Cramer takes a closer look.

  • On Wall Street, IBM missed revenue expectations for a fourth straight quarter, driving down shares of the world's largest technology services company by nearly 4 percent, making them the biggest drag on the market.

  • US STOCKS-Wall St flat on earnings, IBM pressures Dow Wednesday, 22 Jan 2014 | 2:35 PM ET

    *IBM shares fall on weak revenue, pressuring Dow. International Business Machines Corp lost 3.5 percent to $181.88, the biggest drag on both the Dow and S&P 500, after the tech giant missed revenue expectations for a fourth straight quarter amid weakening demand, particularly in growth markets like China.

  • NEW YORK, Jan 22- U.S. stocks were little changed on Wednesday, as investors played off a mixed bag of company earnings, while the dollar held steady against most major currencies ahead of next week's Federal Reserve meeting, where another cut in stimulus is seen possible.

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