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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 19:02:50| Industrial Machines - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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Cypress Semiconductor (CY) Stock Gains on Merger Agreement With Integrated Silicon

2015-06-10 18:49:25| Semiconductors - Topix.net

Cypress will acquire ISSI for $20.25 a share in cash. Cypress said it will "use its reasonable best efforts" to obtain approval for the merger, including full divesting all of ISSI's SRAM approval.

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United Technologies (UTX) Stock Gains on Potential Sikorsky Sale

2015-06-10 18:22:56| Paper - Topix.net

The company is looking to either sell the business to Textron , which expressed interest in buying the business earlier this month, or spin it off, according to Reuters sources. The Textron sale would be facilitated through a Reverse Morris Trust, a transaction that would allow United Technologies to avoid paying taxes on the sale.

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Safer Chemistry Gains Ground

2015-06-10 18:12:00| Chemical Processing

Report foresees strong growth but counsels a change in product development strategy

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US stocks head to gains, breaking a weeklong losing streak

2015-06-10 17:45:00| Energy - Topix.net

" U.S. stocks climbed early Wednesday, breaking a weeklong slump. Chevron and other oil and gas companies surged as the price of oil headed higher.

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