United Technologies (UTX) Guides FY16 Flat with Expectations

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United Tech (UTX) Offers No Frills Guidance; Outlook Appears Well Balanced - RBC

December 11, 2015 8:23 AM EST

RBC reaffirmed its Sector Perform rating and $100 price target on United Technologies Corp. (NYSE: UTX) following the company's issuance of FY16 guidance and update on Thursday.

Analyst Robert Stallard noted that UTX has a balanced outlook for next year. The analyst commented: UTX has a lot of moving parts, but we would... More

Lufthansa, not Qatar Air, to take first Airbus A320neo jet

December 10, 2015 11:56 AM EST

By Victoria Bryan

GENEVA (Reuters) - Germany's Lufthansa has stepped up to become the first airline due to take delivery of a revamped Airbus passenger jet, after Qatar Airways voiced uncertainty over the technical performance of its Pratt & Whitney (NYSE: UTX) engines.

Confirming a news report, the German flag carrier said it would take delivery of the upgraded A320 earlier than expected.

"We expect to get our first A320neo in December and that would technically make us the launch operator," a spokesman said on Thursday.

... More