UTX

UTX Articles

Back in normal economic times and back when private equity was king, Mondays were often referred to as "Merger Monday" because mergers would be announced at the start of the week.  If you monitor...
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK. Reuters reports that IBM’s (IBM) earnings strength helped calm tech investors. Reuters...
These are some of the top analyst upgrades and positive calls we are seeing this Wednesday morning: Cabot Corp. (CBT) Raised to Buy at KeyBanc. Pharmacyclics (PCYC) Raised to Outperform at RBC. Tenet...
This morning we are seeing futures rise on the news from DJIA components being solid on the earnings front.  There are some mixed reactions, but we saw solid earnings in a tough environment out of...
As we have pointed out over and over, it appears that buyback announcements are on the decline in a serious way as far as "new buyback plans" being announced.  Ultimately we believe that the buyback...
GE (GE) has reaffirmed guidance and will sell off its appliance division. That has been not enough to keep sellers at bay. Shares in the conglomerate moved down to $30.52, a new 52-week low. While...
General Electric Co. (NYSE: GE) poor earnings report may be a shock to most.  When you consider that the annual preview was just given one month ago, this flies in the face of the economy and the...
According to Reuters February car sales dropped sharply especially for US made vehicles. Reuters writes that BHP Billiton (BHP) is working on raising $55 billion for its potential takeover of Rio...
According to Reuters, the NABE semiannual Economic Policy Survey show that the subprime crisis and heavy debt are still the biggest threats to the economy. Reuters writes that Microsoft (MSFT) will...
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public.  The reason is not that he is one of the largest fund managers.  But he is watched...
We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance.  There are of course drug developments and other contracts awards. ...
Monday is a market holiday in observance of Martin Luther King Day in the U.S.  But after that we have an earnings deluge with hundreds of companies issuing their earnings.  For the bulk of the...
United Technologies (UTX) has done well for investors. Its shares are up over 35% during the last two years. Its larger peer GE (GE) is up only 5% during the same period. But, UTX is in some...
According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that...
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008.  Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer.  If you...