Wall Street

UTC Increases Third-Quarter Dividend

HARTFORD, Conn. (AP) _ Industrial conglomerate United Technologies Corp. is increasing its third-quarter dividend to 53.5 cents per share. The Hartford, Conn., parent company of jet engine manufacturer Pratt & Whitney, Otis elevator, Sikorsky Aircraft […]


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UTC Looks To Raise Cash For Goodrich Deal

United Technologies is attempting to raise $1 billion to help finance its purchase of aerospace parts manufacturer Goodrich Corp.


Louis Chenevert (File: Epsilon/Getty Images News)

UTC Considering Options For Its Fuel Cell Business

The chief executive of the industrial conglomerate United Technologies Corp. has hinted that its fuel cell business could be sold.


Louis Chenevert (File: Epsilon/Getty Images News)

UTC Scales Back Size Of Stock Offering To Fund Goodrich Purchase

CEO Louis Chenevert says United Technologies Corporation is scaling back the amount of stock to be issued to finance its $16.4 billion purchase of aerospace supplier Goodrich Corp.


United Technologies

UTC Names New Otis Elevator President

United Technologies Corp. has announced the appointment of Pedro Baranda as the new president of its Otis Elevator Co. subsidiary.


Louis Chenevert (File: Epsilon/Getty Images News)

Chenevert Named “Person of the Year” By Aviation Industry Magazine

United Technologies Corporation’s chairman and CEO Louis Chenevert has been chosen the 2011 Person of the Year of “Aviation Week & Space Technology” magazine.


Louis Chenevert (File: Epsilon/Getty Images News)

Goodrich Acquisition Will Affect 2012 UTC Earnings

The chief executive of United Technologies Corp. says the aerospace and building systems manufacturer expects revenue next year will miss Wall Street expectations as it absorbs a sizable acquisition.


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UTC 3Q Profit Up 11%, Raises Forecast

United Technologies Corp. said Wednesday that its third-quarter profit jumped nearly 11 percent as orders rose in double digits at several aerospace and building systems businesses. The manufacturing conglomerate raised its forecast for the year.


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UTC Buying Goodrich

United Technologies Corp. said it will buy Goodrich Corp. for about $16.4 billion in cash, calling the aerospace and defense company a perfect addition that will allow it to take advantage of rapidly growing demand for aircraft


Goodrich   from their website

Is UTC Looking To Buy Goodrich?

Shares of Goodrich Corp. are soaring on reports that Hartford-based United Technologies Corp. is exploring a takeover of the aerospace manufacturer.