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UTC, Raytheon deal wins U.S. antitrust approval, with divestitures
The U.S. Justice Department has approved United Technologies Corporation's planned merger with Raytheon Co , subject to conditions, the agency said on Thursday......»»
Pence dismisses idea of U.S. buying Nokia, Ericsson to challenge Huawei
U.S. Vice President Mike Pence on Friday declined to endorse an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd......»»
U.S. Champagne drinkers should expect costs to pop with new tariffs
Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to impose 100% tariffs on French goods in a dispute over the country's planned digital services tax......»»
United Tech responds to Third Point criticism of planned Raytheon deal
United Technologies Corp. said Friday it does not agree with a letter from hedge fund Third Point LLC released early Friday that questions the strategic rationale behind its proposed merger with Raytheon Co. .....»»
Airbus urges UTC not to be distracted by Raytheon deal
Airbus said on Friday it had urged United Technologies to "keep its eye on the ball" in its role as a commercial aerospace supplier as it moves toward a planned merger with U.S. defense contractor Raytheon......»»
Canada rejects idea of halting extradition of top Huawei executive to United States
Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China's Huawei Technologies Co Ltd to the United States, saying it would set a dangerous precedent......»»
The Wall Street Journal: Activist investor Ackman says he opposes United Technologies-Raytheon deal
William Ackman, a big United Technologies Corp. shareholder who earlier pushed the industrial giant to streamline its business, is now urging the company to call off its planned megamerger with Raytheon Co., which he says makes no strategic sense......»»
United Technologies" departure another blow to Connecticut
Connecticut's reputation has taken another major blow with the announcement that United Technologies Corp. will be moving its headquarters to Massachusetts as part of its planned merger with Raytheon......»»
Raytheon Is United Technologies’ $50 Billion Finishing Touch
For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover......»»
Raytheon Is the $50 Billion Finishing Touch
For United Technologies, a deal with the defense giant would replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover......»»
United Technologies Displays Bright Prospects Amid Risks
Strong commercial and military aftermarket businesses are expected to boost United Technologies' (UTX) growth. High cost of sales is a concern. Wan.....»»
Activist Third Point Pushes for Breakup of United Technologies
Activist investor detailed its case for breaking up the industrial conglomerate, and shared its views with the company’s board......»»
Bill Ackman calls for a breakup of United Technologies
Billionaire hedge-fund manager Bill Ackman said Thursday the individual businesses that make up United Technologies Corp. are more likely to trade at their fair value as independent companies.....»»
United Technologies share outperformance not tied to breakup, says Jefferies
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
United Technologies Earnings Highlight the Case for a Breakup
The industrial conglomerate is in need of a radical overhaul, and management may well deliver......»»
United Technologies: Rockwell Deal, Breakup Decision on Track
United Technologies CEO Greg Hayes said he expects to close the acquisition of Rockwell Collins by the end of the month, and that in the meantime the conglomerate is forging ahead with plans for a possible breakup......»»
What Went Wrong With GE — And Why That Might Signal a Potential Breakup at United Technologies
As old conglomerates unwind. Having its hands in too many pies may have contributed to industrial conglomerate General Electric‘s fall from grace. And that’s part of the reason why United Technologies might be seeking a di.....»»
What Went Wrong With GE—and Why That Might Signal a Potential Breakup at United Technologies
As old conglomerates unwind. Having its hands in too many pies may have contributed to industrial conglomerate General Electric‘s fall from grace. And that’s part of the reason why United Technologies might be seeking a diffe.....»»
United Technologies" (UTX) Q3 Earnings: What"s in the Cards?
United Technologies' (UTX) third-quarter 2018 results might gain from product-innovation, cost-savings, solid demand and buyouts.....»»
United Technologies expects higher cost in 2019 due to tariffs
United Technologies Corp said on a conference call on Tuesday it expects tariffs to cost about $200 million in 2019, double its prior estimate of about $100 million......»»