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United plans $3B buyback as airlines' repurchases quicken

2015-07-23 18:15:03| Airlines - Topix.net

United Continental Holdings Inc. plans a $3 billion buyback, the airline's biggest ever, as the largest U.S. carriers accelerate repurchases amid a slump in share prices. The new program will be completed by the end of 2017, United said Thursday, minutes after Southwest Airlines Co.

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United Airlines profit rises, announces $3 billion buyback plan

2015-07-23 14:58:19| Airlines - Topix.net

The Chicago-based airline earned $1.19 billion, or $3.14 cents per share, for the second quarter ended June 30, up from $789 million, or $2.01 per share, in the year ago period. Excluding special items, it earned $3.31 per share, in line with analysts' average estimate, according to Thomson Reuters I/B/E/S.

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United Technologies hit by Chinese building slowdown

2015-07-23 00:01:55| Paper - Topix.net

Industrial giant United Technologies slashed its 2015 earnings forecast Tuesday due to the sharp slowdown in China's real estate sector and disappointing aviation parts sales. Key areas of weakness included the Otis elevator business, which suffered from anemic demand in China and Europe, and weaker-than-expected plane parts orders.

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United Technologies Stock Chart Predicts Sunnier Skies Ahead

2015-07-22 15:05:08| Industrial Machines - Topix.net

Following a mixed second-quarter earnings report , investors aggressively hit the sell button on Tuesday. United Technologies, which provides technology products and services to the building systems and aerospace industries, opened with a huge breakdown gap that dropped shares over 6%.

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United Technologies Stock Chart Predicts Sunnier Skies Ahead

2015-07-22 13:49:20| Paper - Topix.net

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