|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||119.76 - 120.93|
|52 Week Range||99.08 - 124.79|
|PE Ratio (TTM)||18.42|
|Forward Dividend & Yield||2.80 (2.34%)|
|1y Target Est||N/A|
A challenging macroeconomic environment and strengthening of the U.S. dollar are likely to hurt United Technologies' (UTX) third-quarter earnings.
United Technologies (UTX) posted 2% net sales growth in 2016 after a 3% decline in 2015, as costs remained relatively uniform.
Airbus (AIR.PA) planemaking chief Fabrice Bregier said the company still expects to deliver "around 200" A320neo aircraft in 2017, but added that reaching this existing target would be "tough" in the wake of delayed engine deliveries. Bregier said Pratt & Whitney (UTX.N), whose industrial problems have delayed deliveries of jets at Airbus plants, was testing re-designed parts for its engines and expected to start delivering the improved versions at the end of this year. Airbus has decided to improve the plane's maximum take-off weight by around 4 percent to 251 tonnes so that the A330neo can serve longer routes like Kuala Lumpur to London, he added.
Out of the 17 analysts covering General Electric (GE), five analysts (29.4%) have a “strong buy” opinion on the stock. Four analysts (23.5%) say “buy.”
The Zacks Analyst Blog Highlights: AbbVie, American Express, Abbott, United Technologies and VMWare
Houston executive Judy Marks has stepped down as CEO of Dresser-Rand, a Siemens business, to join Connecticut-based United Technologies Corp. (UTX). While she was still at Dresser-Rand, the Houston Business Journal named Marks as a finalist for the second-annual Women Who Mean Business Awards , the winners of which will be announced later this month. Siemens AG has appointed Paulo Ruiz Sternadt as her successor.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the disappointing General Electric earnings.