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Why United Technologies Has Struggled to Hold Altitude in 2014

2014-10-15 22:42:46| Paper - Topix.net

One of the dominant investing themes in 2013 was the strength of the commercial aerospace market, with major aircraft manufacturers seeing huge demand for new models that improve fuel efficiency and reduce operating costs. With a wide array of businesses tied to the aerospace industry, United Technologies reaped the benefits of strong conditions in aerospace last year, and its major acquisition of Goodrich further heightened its exposure to the red-hot sector.

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