United Technologies (UTX) Tops Q3 EPS by 9c
- Wall St slips as dour earnings, chip stocks weigh
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
- United Airlines maintains forecast after Q1 results top Wall Street estimates
- Dollar eases, near 5-1/2 month high, on hawkish Fed outlook
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- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- GE HealthCare (GEHC) Announces Resignation of Jan Makela, CEO of Imaging
- Barnes & Noble Education (BNED) Enters Definitive Agreement with Immersion (IMMR)
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
- After-hours movers: Tesla, Gildan Activewear, Macatawa Bank, and more
Moody's Rates United Technologies (UTX) Latest Debt Offering at 'A3'; Outlook is Stable
October 27, 2016 11:57 AM EDTMoody's Investors Service assigned A3 ratings to the proposed new debt issuance by United Technologies Corporation (NYSE: UTX), including senior unsecured notes aggregating an expected $4 billion in face value at varying maturities. All existing ratings for the company remain unchanged, including the P-2 commercial paper rating, as outlined below. The rating outlook is stable.
"Although net proceeds will partially support the refinancing of near-to-medium term debt maturities, a portion will be used to term out commecial paper borrowings related to already completed share buybacks," according to Russell Solomon, Senior Vice President and Moody's lead analyst... More