|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||134.57 - 135.23|
|52 Week Range||78.54 - 135.31|
|PE Ratio (TTM)||26.79|
|Forward Dividend & Yield||1.32 (0.98%)|
|1y Target Est||N/A|
Whether United Technologies actually clinches its proposed $30 billion acquisition of Rockwell Collins remains to be seen. It’s likely, but not a slam-dunk—in part because a key customer, Boeing, is wary of it. Speaking at an investor conference recently, Boeing CEO Dennis Muilenberg said, “We remain skeptical whether that’s going to add value for us and, in particular, whether it will add value for our customers.” UTC’s aggressive expansion strategy illustrates trends unfolding in the industry that investors should heed.
U.S. defense contractor Northrop Grumman Corp said on Monday it would buy Orbital ATK Inc for about $7.8 billion in a deal that gives it greater access to lucrative government contracts and expands its arsenal of missile defense systems and space rockets. "Clearly, as we watch what's happening around our globe, the rather rapid advance of some of our potential adversaries is quite concerning," Northrop Chief Executive Wes Bush said on a call with analysts.
Questions are emerging over how antitrust authorities will treat the deal between United Technologies and Rockwell Collins, amid a debate over whether the tie-up will drive up costs in the aerospace industry....
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Rockwell Collins, Inc. with the following peers – L3 Technologies, Inc., Raytheon Company, Elbit Systems Ltd, Honeywell International Inc., Northrop Grumman Corporation, ViaSat, Inc., FLIR Systems, Inc., Harris Corporation, Boeing Company and Triumph Group, Inc. (LLL-US, RTN-US, ESLT-US, HON-US, NOC-US, VSAT-US, FLIR-US, HRS-US, BA-US and ... Read more (Read more...)
Simply put, the price UTX will pay for this acquisition – which comes to ~$33 billion when accounting for all forms of debt and unfunded pension liabilities – makes it almost impossible for the deal to create long-term value for shareholders.
After much speculation, United Technologies (NYSE: UTX) recently announced its plans to acquire Rockwell Collins for $30 billion, making it the biggest acquisition in aerospace history. The company has agreed to pay $140 per share in the merger, while taking on over $7 billion in pre-existing debt.
Larger companies targeted by activists who seek to pressure companies to divest divisions or sell themselves often seek to make big transformative acquisitions as a poison pill on the insurgent fund's ...
This week brought relief over the U.S. debt ceiling, but the approach of a potentially historic and catastrophic hurricane kept trading nervous. Here's where markets stand at the end of the week.
Trump is promising “the largest tax cut in the history of our country” but House tax writers have only put out a summary that much of the GOP already isn’t agreeing with. Yahoo Finance’s Alexis Christoforous, Andy Serwer, and Melody Hahm discuss what lawmakers are saying about tax reform.
Jim Cramer nails down the nuances of the phrase “stocks get cheaper when they go lower” with stocks including Apple and United Technologies.