I believe UTX will beat big time. Didn't Hayes say the weak dollar and weak China were bad. Well the dollar is stronger and China has stopped going down. That should be good for UTX. Hayes has something to prove because of the HON thing. He will do everything he can to show good numbers. Most important is the Fed is talking tomorrow. These stocks are not trading on earnings but on what the central bankers are doing. Yellen will continue to say what the market wants to hear. No interest rate increase for as far as the eyes can see. The market will like that and stocks will go up including UTX.
The new rate is 3.3% down from the 3.4%. The fed raise rates and what we get goes lower Don't think it matters too much what the fed does anymore. They have lost control of the interest rate market. Think we are lucky to get anything. We are in crazy world where nothing makes sense anymore.
It is always about the bottom line with these companies. That is why we have a government to protect us, right? Remember this when you go to the polls. Electing the same old piece of $h!+ and thinking things will change is stupid. We need people who are not politicians to protect us. The politicians ARE the problem.
Not sure but I would assume it would not change for those already retired. If you are not retired they would somehow have to move you into their plan. Not even sure about how they will do the 401k. I assume our plan would be moved into theirs.
I wasn't aware that UTX had gotten rid of the poison pill they had in place but if that is the case HON should take it to the shareholders. Why wouldn't they? You are correct that if the shares are held by institutions or day traders like KID it is a good deal. It is not good if you believe the stock is worth more than the $108 price offered. Not sure if HON can increase the price much without destroying HON stock. It is not only about Hayes but the board has to go along with the deal. As I understand the deal Hayes will go, the BOD will go, and much of UTX management will go along with the workers. HON will most likely keep it's management and it's workers. The only thing that concerns me is the 401k plan. I like the plan we have and from what I understand HON plan is inferior to ours. If you like the fix income option we have you do not want HON plan.