UTX News and Press, Raytheon Technologies From 03/18/20

United Technologies ( UTX -22% ) is on track for its lowest close in nearly eight years and the biggest one-day selloff since shares fell 28% on Sept. 17, 2001. More news on: United Technologies Corporation, Stocks on the move, Read more ...

Shares of aerospace suppliers fell on Wednesday after Boeing (NYSE: BA) sent out a distress signal concerning the health of the industry. Spirit AeroSystems Holdings (NYSE: SPR) , a one-time Boeing subsidiary, and TransDigm Group (NYSE: TDG) were each down nearly 30%, and shares of ...

Boeing suppliers are heading deep into the red after the U.S. planemaker called for a $60B lifeline for the U.S. aerospace industry. More news on: Spirit AeroSystems Holdings, Inc., Astronics Corporation, Hexcel Corporation, Stocks on the move, Read more ...

My interest in the Magic Formula prompted me to look into Raytheon ( RTN ) that is set to merge with United Technologies ( UTX ) which wants to spin-off its elevator division. The spin-off is planned for tomorrow, March 18 . As spin-off situations are always interesting, I would like to take ...

Five years ago I purchased 15 of the largest cap constituents from the Vanguard Dividend Appreciation Fund ( VIG ). That fund tracks the Dividend Achievers Select Index. The dividend growth fund requires at least a 10-year history of increasing dividends, year over year. The fund also appli...

The Dow 30 Industrial stocks provide the best illustration of what we mean. When we talk about pre Persian Gulf War valuations, we do not mean pre Persian Gulf War levels in the 2000s. Instead, we refer to the multiples of our proprietary metric that prevailed during that era, which would put ...

This article is first in a series that provides an ongoing analysis of the changes made to GMO's 13F stock portfolio on a quarterly basis. It is based on GMO's regulatory 13F Form filed on 02/13/2020. Jeremy Grantham's 13F portfolio value increased ~4% from $14.41B to $14.97B this quarter. T...

The European Union clears United Technologies' ( UTX +0.4% ) planned acquisition of Raytheon ( RTN +1.3% ), after the companies met conditions for approval. More news on: United Technologies Corporation, Raytheon Company, Merger & acquisition news, Read more ...

Sometimes it can be difficult to really understand the popularity of certain companies, especially when you don't partake in the services they provide. My fiancé recently gave me a better understanding of The Walt Disney Company ( DIS ) and I am not talking about their financials. The pop...

Unless you've been living in hiding for the last month, you already know that the COVID-19 coronavirus outbreak is a genuine threat to the global economy and corporate earnings -- notably in the aerospace sector. Indeed, the International Air Transport Association (IATA) projections for 2020 are...