UTX - United Technologies Earnings Report Will Be a 3-Part Story
Investors are entering the upcoming earnings season with a sense of nervous anticipation given the recent weakness in business survey data and a slew of companies reporting weak end-market conditions. That said, United Technologies (NYSE: UTX) -- a future merger partner for Raytheon (NYSE: RTN) -- looks like an industrial giant that could report some relatively good news for the quarter and beyond.
The company is set to split into three separate companies with the spin-offs of its Otis elevator unit and its Carrier HVAC business, followed by a merger of its remaining aerospace businesses (Collins Aerospace and Pratt & Whitney) with Raytheon.
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