United Technologies (UTC) released its financial report for the second quarter of fiscal 2016. The company reports an increase in sales and adjusted earnings per share, while also experiencing a decrease in net income.
SSI Staff · July 29, 2016
The UTC Center for Intelligent Buildings will serve as the global corporate headquarters for UTC Climate, Controls & Security and will provide visitors with a new way to interact with current and emerging building technologies.
SSI Staff · May 18, 2016
Find out how UTC, FLIR Systems, Mercury Security and Anixter Int’l fared in their most recent quarterly financial reports.
Rodney Bosch · April 27, 2016
Ten days after its merger bid with Honeywell fell through, United Technologies (UTC) Chief Executive Gregory Hayes told investors he's not afraid of doing a large acquisition.
Stephen Sellner · March 11, 2016
Honeywell CEO David Cote said on Wednesday that the company's dropped merger bid with United Technologies was "an incredible deal" but that he would not get hostile with UTC trying to force a deal.
SSI Staff · March 03, 2016
Honeywell and United Technologies have discussed a possible merger, according to a CNBC report. The possible merger could produce a company that has a combined $94 billion in sales.
SSI Staff · February 22, 2016
The realignment comes less than two years after UTC combined Otis Elevator with Carrier and its former Fire & Security division.
SSI Staff · September 11, 2015
For the 17th year, Lenel is providing security systems to protect the Little League complex and players from nine countries.
SSI Staff · August 25, 2015
The Wall Street Journal
reported that Nortek, which owns a slate of audio, video, security and home automation brands, may be in talks to be acquired by United Technologies Corp., the conglomerate that owns Interlogix.
Julie Jacobson · August 21, 2015
UTC cut its full-year profit outlook as it warned of pressures in its aerospace systems and Otis elevators businesses.
SSI Staff · July 21, 2015