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Investing.com -- Waters Corp ., United Technologies and Comcast jumped Wednesday after delivering impressive quarterly results.
Moody's Investors Service ("Moody's") has withdrawn all of its ratings for Rockwell Collins, Inc. Moody's has decided to withdraw the ratings because it believes it has insufficient or otherwise inadequate information to support the maintenance of the ratings. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.
United Technologies' (UTX) subsidiary, Pratt & Whitney Canada, gets higher cycle limits approval from Transport Canada. This will help in improving the efficiency & durability of its premium engines
It has been 14 months in the making thanks to a tortuous regulatory approvals process, but United Technologies Aerospace Systems (UTAS) and Rockwell Collins have finally completed their $30 billion merger.
United Technologies (UTX) gains from strengthening segments and Rockwell Collins buyout. Split into three businesses, if approved, will be a boon too. High costs and forex woes create headwinds.
In the wake of completing the Rockwell Collins deal, United Technologies UTX has announced plans to split itself into three companies: aerospace, Otis (elevators), and Carrier (building systems). Per management, the separation of Carrier and Otis should be completed sometime in 2020. The aerospace business will retain the United Technologies name and current chairman and CEO Greg Hayes will lead the company.
United Technologies Corp. (UTX), a company where Bill Ackman (Trades, Portfolio) established an activist stake earlier in the year, disclosed on Tuesday the company has completed its acquisition of Rockwell Collins Inc. (COL) and announced its intent to split into three independent businesses: United Technologies, Otis and Carrier. Warning! GuruFocus has detected 1 Warning Sign with FB.
United Technologies (UTX) completes the Rockwell Collins buyout and revises projections for 2018. Further, the company intends to split its business into three separate companies.
United Technologies Corporation (NYSE: UTX ) traded marginally higher Tuesday morning after announcing a plan to split its commercial business into three distinct entities. The break-up, which follows ...
As stated earlier in September 2017, when the transaction was being proposed, each of Rockwell Collins' (COL) shareowners will receive $93.33 per share in cash
When the market rebounds, investors have questions, Jim Cramer told his Mad Money viewers Monday. The proprietary Standard & Poors Oscillator that Cramer follows hit minus five last week, a clear indication that the selling was too fast and too furious. Cramer said any thawing of trade relations would be one catalyst.
United Technologies (UTC) has completed its $30 billion acquisition of Rockwell Collins and now plans to spin off its Otis and Carrier units by 2020.
The decision follows the completion this month of United Technologies' $30 billion acquisition of avionics maker Rockwell Collins, which gave enough scale to its aerospace business to be a standalone company. The move is in line with plans of other major industrial companies, such as DowDuPont Inc (DWDP.N), Honeywell International Inc (HON.N) and General Electric Co (GE.N), to shed major divisions, as investors assign more value to the parts of these companies separately than to their sum. Two activist hedge funds, Daniel Loeb's firm Third Point LLC and William Ackman's Pershing Square Capital Management LP, had called on United Technologies to pursue a split, and United Technology's chief executive, Gregory Hayes, had signaled for most of the past year that he was considering the move.