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   Technology StocksUnited Technologies (UTX)


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From: JakeStraw4/12/2006 2:26:20 PM
   of 25
 
United Technologies Raises Dividend
biz.yahoo.com
Wednesday April 12, 2:12 pm ET

United Technologies Corp. Ups Quarterly Dividend 20 Percent to 26.5 Cents Per Share

HARTFORD, Conn. (AP) -- United Technologies Corp., a maker of air conditioners, elevators, helicopters and other industrial products, on Wednesday said it is increasing its quarterly dividend 20 percent to 26.5 cents.

The dividend is payable June 10 to shareholders of record May 19.

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From: JakeStraw4/18/2006 8:08:44 AM
   of 25
 
Otis Wins Major Madrid Metro Contract
biz.yahoo.com
Tuesday April 18, 7:00 am ET

FARMINGTON, Conn., April 18 /PRNewswire-FirstCall/ -- Otis Elevator Company, a unit of United Technologies Corp. (NYSE: UTX), will supply and install 85 elevators and escalators for an extension of Madrid's underground metro. Otis currently maintains 100 units for the Metro de Madrid and will service the new units upon their completion.

"Otis is pleased to once again provide reliable, safe and efficient transportation for one of the largest and fastest growing metro systems in the world," said Ari Bousbib, Otis president. "We look forward to working with the government of Madrid on this important project in Spain's capital city." Otis will provide 23 Gen2® elevators and 62 escalators for seven new stations comprising the south extension of the metro's Line 3. The project is scheduled for completion in 2007.

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From: JakeStraw4/19/2006 8:00:33 AM
   of 25
 
United Tech Surpasses Forecast
thestreet.com

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From: JakeStraw4/19/2006 1:42:20 PM
   of 25
 
UTXcellent
biz.yahoo.com

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From: JakeStraw3/9/2010 7:59:46 AM
   of 25
 
United Technologies: Best in Class
thestreet.com

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From: JakeStraw10/4/2010 8:53:39 AM
   of 25
 
The Quiet Giant

United Technologies has a lower profile than some other industrial titans, but its prospects look decidedly bright
online.barrons.com

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To: JakeStraw who wrote (23)12/23/2012 4:44:51 PM
From: LT-Optimist
   of 25
 
New to this message board.
Any updates on UTX would be much appreciated.

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From: JakeStraw6/10/2019 8:32:17 AM
   of 25
 
Raytheon and United Technologies agree to all-stock merger that would create aerospace behemoth
cnbc.com
The combination would bring United Technologies’ aerospace business together with defense contractor Raytheon.

The deal is expected to close in the first half of 2020.

With combined annual sales of around $74 billion the new company would be the second-largest defense-and-aerospace company in the U.S. after Boeing.

“The combination of United Technologies and Raytheon will define the future of aerospace and defense,” United Technologies chairman and CEO Greg Hayes said in a release. “By joining forces, we will have unsurpassed technology and expanded R&D capabilities that will allow us to invest through business cycles and address our customers’ highest priorities.”

United Technologies has reaped the benefits from searing global aircraft demand and has been beefing up its commercial aerospace business, which includes jet engine maker Pratt and Whitney. In November 2018, it closed its acquisition of Rockwell Collins.

The two companies have little overlap and may not face strong regulatory push-back to their deal, said Richard Aboulafia, aerospace analyst at Teal Group.

The new company would be headquartered in the Boston area, the two firms said in the release. Raytheon is based in Waltham, Mass., a Boston suburb.

If completed, shareholders in Farmington, Conn.-based United Technologies would own 57% of the new company while Raytheon’s would own 43% on a diluted basis.

The deal, which the two companies called a “merger of equals,” is expected to close in the first half of 2020, they said.

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