Seeking Alpha

United Technologies Corporation (UTX)

  • Sep. 21, 2011, 1:52 PM
    RBC Capital's Robert Stallard says a Goodrich (GR -1.1%)-United Technologies (UTX +0.7%) merger is a win for investors on both sides of the deal. GR's aerospace product line could help boost UTX, still smarting from a miss on Boeing's (BA -1.7%) 737 upgrade. According to sources, the two firms are down to a $5 gap on the final purchase price.
    | Comment!
  • Sep. 21, 2011, 5:03 AM
    Chatter continues to grow that United Technologies (UTX) is in final negotiations for a blockbuster acquisition of aerospace firm Goodrich (GR). Sources say the deal, of undetermined size, could be closed in the next couple of days. Deal rumors have pushed Goodrich's shares up 33% over the last five days.
    | Comment!
  • Sep. 20, 2011, 7:41 AM
    Goodrich (GR) and United Technologies (UTX) are now in "final negotiations" of their blockbuster deal, according to the FT, as UTX brings in bankers to nail down as much as $15B in financing to close the deal. Sources peg the final sales price for Goodrich on the upper end of a $115-$125 range.
    | Comment!
  • Sep. 19, 2011, 9:56 AM
    Shares of Rockwell Collins (COL -5.1%) fall off sharply after it looks like the firm has fallen off of United Technologies' (UTX -1.8%) radar for an acquisition bid.
    | Comment!
  • Sep. 19, 2011, 8:04 AM
    Shares of Goodrich (GR) are up 19% premarket after reports continue to point to United Technologies (UTX) launching a takeover bid. A Jefferies analyst see the logic behind the move, saying "from a distribution channel basis, from a mentality basis, from a customer focus basis, it's all there."
    | Comment!
  • Sep. 16, 2011, 5:58 PM
    Some of United Technologies (UTX) other rumored acquisition targets aren't faring so well after hours: Textron (TXT -2.5%), Rockwell Collins (COL -3.5%), Tyco (TYC -1.4%).
    | Comment!
  • Sep. 16, 2011, 5:52 PM
    A United Technologies (UTX) deal, which may come early next week, could value Goodrich (GR) at $110-$125 per share.
    | 1 Comment
  • Sep. 16, 2011, 5:41 PM
    Goodrich (GR) soars +22% in after-hours trading after CNBC reports United Techologies (UTX) is making a bid for the company.
    | Comment!
  • Sep. 16, 2011, 1:24 PM
    Tyco (TYC +3.5%) gives back some of its early gains after CNBC's David Faber says United Technologies' (UTX -0.2%) financing deal was for substantially less than $20B and not intended for a purchase of Tyco. A Reuters report had said UTX was seeking financing for an acquisition in the "double-digit billions." GR+6.5%, and COL , +9.4%, hold gains from the initial Reuters story.
    | Comment!
  • Sep. 16, 2011, 10:11 AM
    Reuters reports United Technologies (UTX) is arranging financing "in the double-digit billions" for a major acquisition. Potential targets: Tyco TYC +7.5%, Textron TXT +7.4%, Rockwell Collins COL +6.5%, Goodrich GR +3%, Ingersoll-Rand IR +2.1%.
    | Comment!
  • Sep. 6, 2011, 8:22 AM
    United Technologies (UTX) reaffirms its outlook, keeping in place estimates for FY11 revenue of $58B and an EPS range of $5.35-$5.45. The industrial conglomerate's guidance falls in-line with the consensus estimates of analysts. Shares are down 2% premarket.
    | Comment!
  • Aug. 30, 2011, 12:31 PM
    PHI (PHI +17.8%) soars after a report details the firm is asking a federal court to sanction Sikorsky Aircraft - the manufacturer of a helicopter that crashed leading to damage awards from PHI. Sikorsky, owned by United Technologies(UTX -0.2%), withheld a report from an engineer stating a faulty design led to the crash in 2009, according to court filings.
    | Comment!
  • Jul. 26, 2011, 10:38 AM
    Receiving little attention as a hedge against a possible U.S. default are high-yielding blue chip stocks, Mark Hulbert writes - odd, since such companies should provide a hedge in the event of a default, and excellent upside potential if default is averted. "Take Wal-Mart (WMT), for instance: Do you really think people will stop shopping in the event of a government default?"
  • Jul. 25, 2011, 2:17 PM
    A third of the way through Q2 reporting season, earnings for S&P 500 companies are their highest in four years, and they could be stronger in the second half. But the gains often have come from operations outside the U.S., with there is little indication that the strong results will jump-start the U.S. economy and get Americans back to work.
    | 1 Comment
  • Jul. 25, 2011, 8:04 AM
    United Technologies (UTX) is thinking about a partial sale of its rocket-engine business, though formal talks aren't yet under way with any potential bidders. Jim Maser, head of the company's Rocketdyne unit, says asset sales are being considered as part of a broader look at the unit's competitiveness.
    | Comment!
  • Jul. 20, 2011, 3:58 PM
    United Technologies (UTX -1.9%) shares slide despite solid Q2 results and upward guidance, as AMR's big order for Boeing (BA +2.1%) and Airbus (EADSY.PK +4.1%) planes is viewed as a win for GE (GE +1.1%) and a potential loss for UTX. In its deal with Boeing, AMR chose to re-engineer the existing 737, which uses a GE-manufactured engine, rather than opt for something new.
    | Comment!
Visit Seeking Alpha's
UTX vs. ETF Alternatives
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