United Technologies (UTX) Declares $0.7 Quarterly Dividend; 2.3% Yield

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Investors demand more changes at Thyssenkrupp ahead of review

April 27, 2018 10:44 AM EDT

By Christoph Steitz and Tom Käckenhoff

FRANKFURT (Reuters) - With a planned steel joint venture in reach, Thyssenkrupp has pledged to refine its strategy by the second half of the year, with some shareholders expecting more radical and structural changes to remove a discount on the stock.

Much of Thyssenkrupp's future set-up depends on a 50-50 steel venture with India's Tata Steel , a transaction that was delayed earlier this month due to ongoing talks between Tata and workers in Britain and the Netherlands.

As part of the annual strategy dialogue between management and the... More

Siemens names Barbara Humpton as new U.S. CEO

April 26, 2018 9:58 AM EDT

ZURICH (Reuters) - Siemens has named Barbara Humpton as its chief executive officer in the United States, effective June 1.

Humpton, who was previously head of Siemens Government Technologies in the United States, will be responsible for the German company's largest market where it generated sales of 16.98 billion euros ($20.71 billion) in... More

United Technologies (UTX) PT Lowered to $142 at Bernstein

April 26, 2018 8:13 AM EDT

Bernstein lowered its price target on United Technologies (NYSE: UTX) to $142.00 (from $147.00) while maintaining a Market Perform rating.

... More