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United Technologies Corp (UTX.N)

UTX.N on New York Stock Exchange

128.76USD
22 May 2018
Change (% chg)

$0.71 (+0.55%)
Prev Close
$128.05
Open
$128.19
Day's High
$128.81
Day's Low
$128.06
Volume
100,366
Avg. Vol
1,205,302
52-wk High
$139.21
52-wk Low
$109.11

Latest Key Developments (Source: Significant Developments)

The Middleby Corporation To Acquire Taylor Company
Saturday, 19 May 2018 

Middleby Corp ::THE MIDDLEBY CORPORATION TO ACQUIRE TAYLOR COMPANY.MIDDLEBY CORP - DEAL FOR $1.0 BILLION.MIDDLEBY CORP - EXPECTED TO BE EPS ACCRETIVE WITHIN FIRST YEAR OF ACQUISITION.MIDDLEBY CORP - WILL FINANCE ALL-CASH ACQUISITION UNDER ITS EXISTING REVOLVING CREDIT FACILITY.MIDDLEBY CORP - TARGETED SYNERGIES FROM DEAL IN EXCESS OF $15 MILLION.MIDDLEBY CORP - TO ACQUIRE TAYLOR COMPANY FROM UTC CLIMATE, CONTROLS & SECURITY, A UNIT OF UNITED TECHNOLOGIES.MIDDLEBY CORP - TRANSACTION HAS BEEN STRUCTURED TO PROVIDE MIDDLEBY WITH A TAX STEP-UP WITH A NET PRESENT VALUE OF ABOUT $150 MILLION.  Full Article

United Technologies Prices Offering Of Euro-Denominated Senior Notes
Tuesday, 15 May 2018 

May 14 (Reuters) - United Technologies Corp ::UNITED TECHNOLOGIES PRICES OFFERING OF EURO-DENOMINATED SENIOR NOTES.UNITED TECHNOLOGIES - PRICED OFFERING OF EUR 750 MILLION AGGREGATE PRINCIPAL AMOUNT OF 1.150% SENIOR NOTES DUE 2024.UNITED TECHNOLOGIES CORP - ALSO PRICED OFFERING OF EUR 500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 2.150% SENIOR NOTES DUE 2030.UNITED TECHNOLOGIES CORP - ALSO PRICED OFFERING OF EUR 750 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR FLOATING RATE NOTES DUE 2020.  Full Article

Air Medical Group Holdings Selects P&WC For Comprehensive Engine Services Agreement
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Air Medical Group Holdings Inc [RIC:RIC:ARMDC.UL]::AIR MEDICAL GROUP HOLDINGS SELECTS P&WC FOR COMPREHENSIVE ENGINE SERVICES AGREEMENT.AIR MEDICAL GROUP HOLDINGS - PRATT & WHITNEY CANADA TO PROVIDE ENGINE SERVICES AGREEMENT COVERING ABOUT 240 P&WC ENGINES FLOWN BY CO THROUGH ITS UNITS.  Full Article

Pershing Square's Bill Ackman Building Stake In United Technologies - CNBC
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - :PERSHING SQUARE'S BILL ACKMAN BUILDING STAKE IN UNITED TECHNOLOGIES - CNBC.  Full Article

Pratt & Whitney Canada Signs Master Fleet Management Agreement with NHV
Monday, 26 Feb 2018 

Feb 26 (Reuters) - United Technologies Corp ::PRATT & WHITNEY CANADA SAYS NHV SIGNS MASTER FLEET MANAGEMENT PROGRAM WITH CO FOR P&WC ENGINES IN ITS FLEET​.  Full Article

USAF Selects UTC Aerospace Systems DB-110 Airborne Reconnaissance System For Multi-Nation Foreign Military Sales Acquisition
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - United Technologies Corp ::USAF SELECTS UTC AEROSPACE SYSTEMS DB-110 AIRBORNE RECONNAISSANCE SYSTEM FOR MULTI-NATION FOREIGN MILITARY SALES ACQUISITION.UTC AEROSPACE SYSTEMS - AWARDED INDEFINITE-DELIVERY/QUANTITY CONTRACT WITH INITIAL CEILING OF $22.9 MILLION FROM U.S. AIR FORCE.UTC AEROSPACE SYSTEMS - AWARDED AN INDEFINITE-DELIVERY/INDEFINITE-QUANTITY (IDIQ) CONTRACT WITH AN INITIAL CEILING OF $22.9 MILLION FROM U.S. AIR FORCE.  Full Article

India Aviation Regulator: 8 IndiGo, 3 Go Air Aircraft Affected By Latest Pratt & Whitney Engine Issue
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - India's Directorate General of Civil Aviation (DGCA) Says: :INDIGO AND GO AIR HAVE 8 AND 3 A320NEO RESPECTIVELY WITH ONE AFFECTED PRATT & WHITNEY ENGINE.CONTINUES TO CLOSELY MONITOR OPERATIONS OF THESE AIRCRAFT SO AS TO ENSURE THAT SAFETY IS NOT COMPROMISED.IN TOUCH WITH AIRBUS AND EUROPEAN AVIATION SAFETY REGULATOR.ACTION TAKEN BY AIRBUS, EASA WILL BE REVIEWED TO ENSURE SAFETY OF AIRCRAFT OPERATIONS.INDIGO SPOKESMAN SAYS EXPECTS NO DISRUPTION IN OPERATIONS.  Full Article

Airbus Announces A320neo Pratt & Whitney GTF engine issue
Saturday, 10 Feb 2018 

Feb 9 (Reuters) - AIRBUS GROUP ::A320NEO PRATT & WHITNEY GTF ENGINE ISSUE.ISSUE IDENTIFIED ON A LIMITED NUMBER OF RECENTLY DELIVERED PRATT & WHITNEY GTF ENGINES AFFECTING THE HIGH PRESSURE COMPRESSOR AFT HUB.AIRBUS AND PRATT & WHITNEY ARE ASSESSING THE SITUATION..EASA, THE EUROPEAN AVIATION SAFETY AGENCY HAS PUBLISHED AN EMERGENCY AIRWORTHINESS DIRECTIVE..AIRBUS HAS INFORMED ITS AFFECTED A320NEO CUSTOMERS AND OPERATORS..  Full Article

Rockwell Collins' Shareowners Vote In Favor Of Acquisition By UTC
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Rockwell Collins Inc ::ROCKWELL COLLINS' SHAREOWNERS VOTE OVERWHELMINGLY IN FAVOR OF ACQUISITION BY UTC.ROCKWELL COLLINS INC - MORE THAN 96 PERCENT OF ALL VOTES CAST WERE IN FAVOR OF TRANSACTION.ROCKWELL COLLINS INC - PROPOSED TRANSACTION IS EXPECTED TO CLOSE BY Q3 OF 2018.  Full Article

Materion’s Aluminum Beryllium AlBeMet Selected for MS-177 Sensor
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Materion Corp ::MATERION - AWARDED CONTRACT BY UTC AEROSPACE SYSTEMS FOR ALBEMET METAL MATRIX COMPOSITE PARTS FOR ITS MS-177 LONG-RANGE, MULTI-SPECTRAL IMAGING SENSOR.  Full Article

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Hedge fund Third Point pushes United Tech to break up

BOSTON/NEW YORK Billionaire investor Daniel Loeb's Third Point on Friday urged United Technologies Corp to move more forcefully in pursuing a breakup into three businesses, arguing this could unlock $20 billion in value.