More on United Tech (UTX +0.5%) Q2: net profit +1% to $1.33B. China's slowing economy and Europe's debt crisis reduce demand for UTX's elevators and jet engine parts. Cuts FY EPS guidance to $5.25-$5.35 from $5.30-$5.50 prior, and sales forecast to $58B-$59B from $61B-$62B. Consensus is for $5.45 and $61.29B. Expects to receive final Goodrich approval today. (See also)
More on United Tech (UTX +0.5%) Q2: net profit +1% to $1.33B. China's slowing economy and...
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