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United Technologies Unveils $1.5B Restructuring Plan

2015-12-11 00:40:33| Paper - Topix.net

United Technologies Corp raised the lower end of its full-year adjusted earnings forecast and announced a $1.5 billion restructuring plan aimed at reducing costs, mainly through factory consolidation. The U.S. aerospace and building systems conglomerate now expects 2015 adjusted earnings of $6.20-$6.30 per share, raising the lower end of the previous estimate by 5 cents.

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United Technologies Unveils $12 Billion Buyback

2015-10-22 04:54:10| Paper - Topix.net

"United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business," confirms NASDAQ , "as the company said it continued to face sagging sales in its latest quarter." The Connecticut-based maker of Pratt & Whitney jet engines, Carrier air-conditioning equipment, and Otis elevators registered a 5.6 percent decline in third-quarter sales amid engine-delivery delays and currency headwinds.

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United Technologies unveils $12 billion buyback

2015-10-20 15:20:58| Paper - Topix.net

United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.

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United Technologies unveils $12 billion buyback

2015-10-20 14:56:52| Industrial Machines - Topix.net

United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.

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Drayson Technologies Unveils Breakthrough RF Energy Harvester: Freevolt

2015-10-02 06:04:41| rfglobalnet Home Page

Recently Lord Drayson, CEO and Chairman of Drayson Technologies introduced Freevolt: a revolutionary energy harvesting technology that turns ambient radio frequency waves (RF) into usable electricity to charge low power electronic devices.

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