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United Technologies Corporation (UTX)

  • Jul. 20, 2011, 2:38 PM
    The Pentagon estimates the first few production runs for F-35s are exceeding cost projections by close to $1B, of which the government will have to pay an extra $635M. The defense contractors on the job, Lockheed Martin (LMT -0.9%) and Pratt & Whitney (UTX -1.9%), will have to pick up the remaining part of the tab.
  • Jul. 20, 2011, 7:49 AM
    More on United Technologies' (UTX) earnings: Operating margin 15.9% +8% Y/Y. R&D costs $526M +15% Y/Y. "For the first time since the second quarter of 2008, all six of our business segments reported organic sales growth in the quarter." Shares +1.7% premarket.
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  • Jul. 20, 2011, 7:25 AM
    United Technologies (UTX): Q2 EPS of $1.45 beats by $0.04. Revenue of $15.1B (+9.2% Y/Y). Sees Fy'11 EPS of $5.35-5.45, revenue of $58B. Shares +3% premarket. (PR)
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  • Jul. 20, 2011, 12:05 AM
    Notable earnings before Wednesday's open: ABT, APH, BLK, BPOP, DGX, EMC, HBI, HCBK, HST, JCI, KCG, MO, MTB, NTRS, PNC, STJ, TEL, TXT, USB, UTX
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  • Jul. 19, 2011, 2:57 PM
    Dr. Copper's strong rally may concern shareholders of United Technologies (UTX +1.8%). FBR Capital says the firm's Carrier line - which relies heavily on copper - will be the wild card to determine if the firm can beat estimates with strong earnings.
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  • Jul. 19, 2011, 8:48 AM
    Boeing (BA +0.7%) can breathe a sigh of relief after Rolls-Royce (RYCEY.PK) and Pratt & Whitney (UTX +1%) settle a patent dispute over commercial jet engines that had threatened to delay deliveries of the new 787.
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  • Jun. 30, 2011, 3:55 PM
    United Technologies (UTX +2.3%) gains after saying its Pratt & Whitney unit will collaborate with Korean Air (KRNRF.PK) to build a $112M maintenance center at Incheon airport, near Seoul.
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  • Jun. 3, 2011, 6:15 PM
    The top 10 federal government contractors, whose stocks "will get crushed" if the government makes real spending cuts: LMT, BA, NOC, GD, RTN, UTX, LLL, OSK, SAI, BAESY.PK.
  • Apr. 20, 2011, 4:05 PM
    Market recap: The risk-on trade was in full-blown mode, as stocks enjoyed a wire-to-wire ride to finish near three-year highs. Strong results at companies from INTC to UTX ensured broad-based gains, particularly in techs and energy. Treasurys fell as investors shunned safety. Gold jumped to a record as the dollar slid. NYSE advancers led decliners more than three to one.
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  • Apr. 20, 2011, 9:38 AM
    It's not just techs in the limelight this morning, as a pair of top manufacturers - United Technologies (UTX +4.2%) and Eaton (ETN +0.4%) - beat expectations and raise full-year forecasts (I, II), as a recovering global economy drives demand for products ranging from air conditioners to truck transmissions. Other big industrials also rising: GE +0.9%, HON +1.6%, IR +1.8%.
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  • Apr. 20, 2011, 7:08 AM
    United Technologies (UTX): Q1 EPS of $1.13 beats by $0.06. Revenue of $13.34B (+10.8% Y/Y) beats by $490M. (PR)
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  • Apr. 20, 2011, 12:05 AM
    Notable earnings before Wednesday's open: ABT, ALV, AMB, APH, DGX, ECA, ELN, EMC, ETN, FCX, HBAN, HBI, HCBK, KCG, MO, MTG, NDAQ, PLD, STJ, T, TIN, TXT, UNP, USG, UTX, WFC
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  • Mar. 29, 2011, 4:20 PM
    Calling government policymakers "masters at fine-tuning policy," UTX VP Sandy Diehl expresses complete faith a hard landing will be avoided in Chinese real estate. Of vital importance to the Chinese economy, the property sector has become key to the global companies that supply the materials and goods for it.
  • Mar. 10, 2011, 12:47 PM
    United Technologies (UTX) raises 2011 EPS guidance, expecting a lower end at $5.20 vs. previous $5.05. The company now sees EPS of $5.20-$5.35 (a gain of 10-13%) on revenue of $56B-57B, vs. analysts' expectations of $5.34 per share. (PR)
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  • Feb. 23, 2011, 3:38 PM
    While stocks are broadly lower, beneath the surface the betting is against the budding economic recovery, Dave Kansas says, and the longer higher oil prices persist, the greater the economic damage. Among big cyclicals feeling pain: CAT -1.7%, DE -2.9%, UTX -0.9%, HON -1%, GE -2%, AA -0.7%, DD -1.2%, GT -1.5%.
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  • Feb. 9, 2011, 3:40 PM
    The Defense Department says it will carefully scrutinize any defense industry M&A activity and is not likely to approve any merger between top contractors. Lockheed Martin (LMT +0.9%) was the DoD’s top FY2009 contractor, at nearly $18B. The next five largest players: BA +0.3%, NOC +0.9%, GD -0.1%, RTN -0.5%, UTX +0.1%.
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Company Description
United Technologies Corporation provides high technology products and services to the building systems and aerospace industries. Its business segments are Otis, UTC Climate, Controls & Security, Pratt & Whitney, UTC Aerospace Systems and Sikorsky.
Country: United States