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Stock impact report

UPDATE 2-Ackman's Pershing Square exited ADP and United Tech investments -source [Reuters (UK)]

UNITED TECHNOLOGIES (UTX) 
Last united technologies earnings: 1/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: utc.com/investors/pages/default.aspx
Company Research Source: Reuters
Ackman's Pershing Square exited ADP and United Tech investments: source - Reuters 3 Min Read BOSTON (Reuters) - William Ackman’s Pershing Square Capital Management has sold its positions in Automatic Data Processing Inc ( ADP.O ) and United Technologies Corp ( UTX.N ) and built a new position in a company whose name has not been disclosed, a source familiar with the matter said on Monday. Ackman announced the exit from ADP in a letter sent to clients and seen by Reuters on Monday and had earlier told analysts about the decision to sell out of United Technologies, the source said. A spokesman for Pershing Square declined to comment on either sale or disclose the name of the company in which the firm is building a position. The announcements about ADP and United Tech are the most significant moves Ackman has unveiled this year and come at a time his firm is making waves with double-digit returns as Ackman himself stays largely out of the limelight. At ADP Ackman said that investors Show less Read more
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