United Tech to decide on breakup of businesses by end of 2018 [Reuters]
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
United Tech to decide on breakup of businesses by end of 2018 | Reuters Reuters Staff 2 Min Read (Reuters) - Aero parts maker United Technologies Corp ( UTX.N ) is exploring a breakup of its business portfolio, including jet engines, elevators and air conditioners, Chief Executive Greg Hayes said at the Barclays investor conference in Miami on Wednesday. Hayes said a decision on whether UTC, which makes Otis Elevators, Pratt & Whitney aircraft engines and Carrier air conditioners, would be a more “valuable property together” or “better off in three separate businesses” by the end of 2018. “The real question is do you get a significant multiple expansion by having separate companies versus the conglomerate or the four businesses of UTC? Tough, tough questions. I would tell you that we’re looking at all of those possibilities,” Hayes said. The CEO’s comment comes nearly a month after he indicated that a review was possible only after the closure of its acquisition of avionics and inte
Show less
Read more
Impact Snapshot
Event Time:
UTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UTX alerts
High impacting UNITED TECHNOLOGIES news events
Weekly update
A roundup of the hottest topics