All Posts Tagged With: "UTX"

(SPW) Little-Known, Huge Growth

SPX Corporation (NYSE: SPW) is one of the most boring moneymakers in the world: engineering and manufacturing pumps, filters, you get the drift. You will never hear anyone at a party talking about how hot this one is, but it will make...

16Mar2014 | | Comments Off | Continued

(TGI) Triumph Group Beats Earnings

Triumph Group Inc. (TGI) reported fourth quarter of fiscal 2013 results that ended Mar 31, 2013. Adjusted earnings from continuing operations of $1.68 per share surpassed the Zacks Consensus Estimate of $1.59 by 5.7% and also increased...

14May2013 | | Comments Off | Continued

(UTX) United Technologies’ Subsidiary Sikorsky Gets FAA Nod for Rig Approach Technology

Sikorsky Aircraft Corp., a subsidiary of diversified business conglomerate United Technologies Corp. (UTX), recently received a green flag from the Federal Aviation Administration (FAA) for the introduction of the “Rig Approach”...

8May2013 | | Comments Off | Continued

(TGI) Triumph Group Acquires Primus Composites

Triumph Group, Inc. (TGI) took over Primus Composites from Precision Castparts Corp. (PCP) for an undisclosed amount. This move comes as a part of the company’s strategy...

8May2013 | | Comments Off | Continued

(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews

Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...

2May2013 | | Comments Off | Continued

(UTX) Hawaiian Holding’s Hawaiian Airline Selects United Technologies PurePower Engines

Pratt & Whitney, a division of United Technologies Corp. (UTX), was selected by Hawaiian Airlines, a subsidiary of Hawaiian Holdings Inc. (HA) to provide fuel efficient...

27Apr2013 | | Comments Off | Continued

(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews

Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...

25Apr2013 | | Comments Off | Continued

(UTX) United Technologies Divests Goodrich Unit

Diversified business conglomerate United Technologies Corp. (UTX) recently announced that it has sold the pump and engine control systems business of the erstwhile Goodrich Corporation to Triumph Group, Inc. (TGI)...

28Mar2013 | | Comments Off | Continued

(UTX) United Technologies Aerospace Wins Embraer Contract

UTC Aerospace Systems, a division of United Technologies Corp. (UTX), has been selected by Embraer SA (ERJ) to provide wheel and carbon brakes for its fleet of second-generation...

23Mar2013 | | Comments Off | Continued

(BAC) Stock Market News for February 14, 2013 – Market News

Benchmarks finished mixed following a small increase in retail sales and marginally upbeat earnings reports. The State of the Union speech from U.S. President Barack Obama focused on infrastructure spending, economic growth and employment. Industrial stocks were the major gainer among the top 10 S&P...

14Feb2013 | | Comments Off | Continued

(AAPL) Earnings Season Looks Presentable

The fourth quarter earnings season is in full swing and the overall tone of earnings reports thus far has been quite reassuring – we have yet to see the ugly numbers many of us had started fearing in the run up to this reporting season. The focus today is on Apple’s (...

24Jan2013 | | Comments Off | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | Comments Off | Continued

(GE) New U.S. Defense Contract for GE

According to Jacksonville Business Journal, Lynn, Massachusetts-based General Electric Company (GE) announced that it has won an award from the U.S. Naval Supply Systems Command Weapon Systems Support, Philadelphia, for $265...

16Dec2012 | | Comments Off | Continued

(GE) Growing Demand for General Electric Engines

Evendale-based GE Aviation, an operating unit of General Electric Co. (GE), will benefit from an order by Delta Air Lines Inc. (DAL) for 40 Bombardier...

14Dec2012 | | Comments Off | Continued

(DD) Stock Market News for October 24, 2012 – Market News

Benchmarks suffered heavy losses on Tuesday following weak quarterly results from DuPont and United Technologies. Meanwhile, the Dow suffered its biggest decline since June 21. Also, more blue-chip companies slashed their forecasts for the rest of this year. The energy and material sectors were the...

4Nov2012 | | Comments Off | Continued

(ETF) Stock Market News for September 14, 2012 – Market News

The Fed finally announced additional economic measures and benchmarks soared to touch new multi-year highs on Thursday. The announcement that the US Federal Reserve will buyback mortgage securities worth $40 billion every month until the labor market improves pushed the benchmarks instantly higher...

14Sep2012 | | Comments Off | Continued

(VZ) Stock Market News for August 6, 2012 – Market News

A strong nonfarm payroll report helped benchmarks snap their four-day losing streak on Friday. More importantly, strategists believed that better-than-expected jobs data did not completely rule out chances of further economic stimulus from the central bank. The Dow had its best day since June 29,...

6Aug2012 | | Comments Off | Continued

(HON) Honeywell International Beats Estimates

Honeywell International Inc. (HON) reported second-quarter 2012 earnings per share from continuing operations of $1.14 a share, which was 2.7% above the Zacks Consensus Estimate. The company had a robust quarter with earnings increasing...

23Jul2012 | | Comments Off | Continued

(LMT) Aerospace & Defense Stock Overview – May 2012 – Industry Outlook

The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The industry...

15May2012 | | Comments Off | Continued

(HON) Honeywell International Expands Facility

Honeywell International Inc.’s (HON), group company, UOP LLC, is all set to expand its production facility in Mobile, Ala., to produce adsorbents and catalysts. The company will be investing about $20 million for this expansion. The...

19Apr2012 | | Comments Off | Continued

(NOC) Northrop Grumman Corporation Contracts Flowing in

Northrop Grumman Corporation (NOC) has received a contract worth $103 million from the U.S. Department of Defense (DOD) under which it will provide support to the Mission Command Training Support Program (“MCTSP”) of the National...

13Feb2012 | | 0 comments | Continued

(LMT) U.S. Defense Industry Misses India – What Next?

French conglomerate Dassault Group’s Rafale combat jet emerged as the lowest bidder for the multi-billion contract for the Indian Air Force. The $10.4 billion deal is for supplying 126 medium multi-role combat aircraft to the Indian Air Force (‘IAF’). The order heralded Rafale’s entry into...

3Feb2012 | | 0 comments | Continued

(LMT) Aerospace & Defense Stock Overview – January 2012 – Zacks Analyst Interviews

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military budget. The...

29Jan2012 | | 0 comments | Continued

(HON) Honeywell International Beats as Sales Rise

Honeywell International Inc.’s (HON) reported fourth-quarter 2011 earnings results before the market opened today. Pro forma earnings per share were $1.05 in the reported quarter, above the Zacks Consensus Estimate of $1.04. Mark-to-market...

27Jan2012 | | 0 comments | Continued

(AA) Stock Market News for January 26, 2012 – Market News

Markets recouped initial losses of and made a strong comeback after the Federal Reserve provided assurances that it would keep interest rates near zero until late 2014.The Dow hit its highest levels since May last year, while a robust earnings report from Apple propelled Nasdaq to a finish in the...

26Jan2012 | | 0 comments | Continued

(AAPL) Jan 25: All Eyes on the Fed – Economic Highlights

The focus today will be on the Fed, as the central bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today’s Fed releases, has the...

25Jan2012 | | 0 comments | Continued

(AAPL) Focus Moves Toward the Federal Reserve

The focus today will be on the Fed, as the Central Bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today’s Fed releases, has the...

25Jan2012 | | 0 comments | Continued

(HON) Honeywell International Providing Technology for Samsung

Honeywell International Inc.’s (HON) group company, UOP LLC, will be providing technologies for the production of key petrochemicals and high-quality diesel and jet fuel at Samsung Total Petrochemicals Co. Ltd.’s complex in Daesan,...

21Jan2012 | | 0 comments | Continued

(UAL) Airline Stock Outlook – January 2012 – Industry Outlook

The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012. Conditions could worsen in 2012,...

13Jan2012 | | 0 comments | Continued

(BAC) Stock Market News for December 15, 2011 – Market News

Spooked by European financial concerns and a sharp decline in commodity prices, benchmarks ended in negative territory for the third-straight day. Borrowing costs recorded euro-era highs and domestic economic data was not strong enough to negate lingering concerns. The Dow Jones Industrial...

15Dec2011 | | 0 comments | Continued