|Bid||102.25 x 30600|
|Ask||102.95 x 30000|
|Day's range||103.00 - 107.20|
|52-week range||88.75 - 112.00|
|PE ratio (TTM)||16.04|
|Dividend & yield||2.64 (2.39%)|
|1y target est||N/A|
United Technologies Corp, maker of Otis Elevators, Pratt & Whitney engines and Carrier air conditioners, on Tuesday reported a 2.7 percent rise in quarterly revenue, helped by higher sales in three of its four business units. Engine losses are expected to peak next year, Chief Executive Officer Greg Hayes said on a conference call. United Technology shares were down 2.5 percent to $120.08.
United Technologies Corp may need to raise prices on its engines and other aerospace products if plane makers such as Boeing Co and Airbus SE push too aggressively into the business of selling parts and service, United Tech's chief executive officer said on Tuesday. "The model has always been that the (plane makers) take big risks and invest big dollars along with the first-tier suppliers to develop all of these innovative products and solutions," CEO Greg Hayes said on a conference call with analysts.
United Technologies Corp. on Tuesday reported a boost in second-quarter profit on sales gains from key business units while also raising its outlook. The maker of elevators, jet engines and other products ...