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Stocks United Technologies Corp


  • *Verizon, Travelers, United Tech up after results. *Yum Brands jumps on plans to spin off China business. Oct 20- Wall Street was set to open little changed on Tuesday as investors digested a barrage of quarterly earnings reports including Dow components Travelers, Verizon and IBM.

  • Oct 20- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported better-than-expected quarterly results on higher demand for its F-35 fighter jets, and said it expects full-year revenue at the higher end of its forecast. It had forecast sales of $43.5 billion to $45 billion, with segment operating profit of $5.225 billion to $5.375 billion.

  • Oct 20- United Technologies Corp reported a drop in quarterly profit on Tuesday that still beat analyst expectations as cost controls helped offset weaker revenue, and the industrial manufacturer said it would buy back $12 billion worth of shares. Including $4 billion in repurchases made so far this year, United Tech said it would expect to complete $16...

  • Earnings woes hit Wall Street Tuesday, 20 Oct 2015 | 7:37 AM ET

    U.S. stock futures were lower this morning, due in part to a disappointing earnings report from Dow stock IBM.

  • Earnings 'recession' worries could be a drag Monday, 19 Oct 2015 | 6:22 PM ET
    NYSE Trader

    "We're getting deeper into earnings season and not watching any one company, but the cumulative effect," said Mark Luschini at Janney Montgomery.

  • Earnings: What to expect from US weapons makers Monday, 19 Oct 2015 | 11:59 AM ET
    Patriot Missile

    The big defense companies start reporting earnings on Tuesday, but industry watchers expect only modest increases in earnings.

  • Market eyes earnings as Fed leaves it in confusion Friday, 16 Oct 2015 | 6:33 PM ET
    NYSE Traders

    So far the earnings season has been lackluster, and some high-profile warnings have already given investors pause.

  • Pentagon check-writer doesn't like stock buybacks Friday, 16 Oct 2015 | 10:19 AM ET
    Sikorsky S-97 Raider helicopter

    Frank Kendall has a lot of power with the defense industry, and he represents its number one customer — the U.S. taxpayer.

  • WASHINGTON, Oct 14- Lockheed Martin Corp's $9 billion purchase of Sikorsky Aircraft from United Technologies Corp could close by late October or early November, well before the initial year-end target, three sources familiar with the matter said on Wednesday. Lockheed announced last month that officials in the United States, South Korea and Japan had...

  • WASHINGTON, Oct 13- The pending takeover of United Technologies Corp's Sikorsky Aircraft by Lockheed Martin Corp will not affect prototype work on an aircraft that will replace thousands of helicopters, U.S. Army acquisitions chief Heidi Shyu said on Tuesday. Last year one team from Boeing Co and Sikorsky and one team from Textron Inc's Bell Helicopter were...

  • Dow snaps 7-day win streak; transports, biotech plunge Tuesday, 13 Oct 2015 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed lower Tuesday, as investors weighed slight declines in oil prices and more indications of slowdown in China's economy, amid key third-quarter earnings reports.

  • Early movers: JNJ, DISH, JBLU, AAL, TOL, BUD & more Tuesday, 13 Oct 2015 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • MONTREAL/ WASHINGTON/ PARIS, Oct 6- Airbus on Tuesday called off talks with Bombardier over propping up the troubled CSeries jet, leaving the Canadian plane maker facing dwindling options to keep alive its dream of competing in the aerospace big league. The latest blow to Bombardier, which has been trying to shore up its shrinking cash reserves for months, came...

  • CACI International Inc and Science Applications International Corp are in early-stage talks with Lockheed about a so-called Reverse Morris Trust deal for the assets, a transaction that would avert a hefty tax bill, the people said. Lockheed has also contacted other companies to determine their interest in a potential RMT deal, including Booz Allen Hamilton...

  • WASHINGTON, Sept 30- Pentagon officials warned on Wednesday against further consolidation in the U.S. weapons industry because fewer defense contractors could lead to higher costs, decreased innovation and less competition. The comments came days after the U.S. Justice Department approved Lockheed Martin Corp's $9 billion acquisition of Sikorsky...

  • WASHINGTON, Sept 30- The Pentagon's chief arms buyer on Wednesday issued a sharp warning against further consolidation in the U.S. weapons industry, and said recent moves toward fewer defense contractors was not a positive trend. Defense Undersecretary Frank Kendall said the U.S. Justice Department had cleared Lockheed Martin Corp's planned acquisition of...

  • Sept 30- Airbus Group SE said on Wednesday it found "minor damage" on an engine powering its new A320neo single-aisle jet after a flight test, but the plane-maker still expects to start deliveries of the widely sold aircraft by the end of the year. Airbus plans to swap the Pratt& Whitney engine with a spare to continue the test in a "matter of days," spokesman Clay...

  • WASHINGTON, Sept 24- Lockheed Martin Corp said on Thursday that U.S. officials have approved its $9 billion takeover of Black Hawk helicopter maker Sikorsky Aircraft from United Technologies Corp.. In a filing with the U.S. Securities and Exchange Commission, the company said authorities in Japan and South Korea had also approved the deal, but it was waiting for...

  • WASHINGTON, Sept 24- Lockheed Martin Corp on Thursday said U.S. authorities had approved its $9 billion takeover of Sikorsky Aircraft from United Technologies Corp.

  • Stocks close mildly lower as materials weigh Wednesday, 23 Sep 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower in light volume trade as investors eyed oil and commodity prices, amid weak manufacturing China data.