- United Technologies (UTX -2.3%) issues downside Q1 earnings guidance, seeing EPS of $1.25, well below analyst consensus forecast of $1.39, while its updated FY 2014 EPS guidance of $6.55-$6.85 leaves little room to beat forecasts for $6.82.
- Says it aims to increase revenue by mid-single-digit percentages annually, excluding acquisitions, from now until 2020.
- Shares are now the Dow's biggest decliner today.
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