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United Technologies Cuts Annual Forecast on Aerospace, Otis

2015-07-21 16:00:30| Paper - Topix.net

United Technologies Corp. cut its 2015 profit forecast for the second time in just over a month, citing weak demand in the units making aerospace parts and Otis elevators. Excluding the Sikorsky helicopter business being sold to Lockheed Martin Corp., earnings this year will be $6.15 to $6.30 a share, down from $6.35 to $6.55, United Technologies said Tuesday in its second-quarter earnings report.

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United Technologies tops 2Q profit forecasts

2015-07-21 15:08:35| Industrial Machines - Topix.net

The Hartford, Connecticut-based company said it had profit of $1.73 per share. Earnings, adjusted for one-time gains and costs, came to $1.81 per share.

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United Technologies says strong dollar, slowing China to dent full-year profit

2015-07-21 14:03:40| Industrial Machines - Topix.net

"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.

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United Technologies says strong dollar, slowing China to dent full-year profit

2015-07-21 13:49:59| Paper - Topix.net

"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.

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Rudolph Technologies and DISCO Corporation Partner to Improve Wafer Saw Process

2015-07-21 12:31:15| Industrial Newsroom - All News for Today

Dicing and laser saw systems, together with inspection systems and yield-enhancing software provide revolutionary control and accuracy Flanders, New Jersey  Rudolph Technologies, Inc. (NYSE: RTEC) and DISCO Corporation of Tokyo, Japan, announce a collaborative partnership to deliver leading-edge hardware and...

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