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United Technologies Unveils $12 Billion Buyback
2015-10-22 04:54:10| Paper - Topix.net
"United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business," confirms NASDAQ , "as the company said it continued to face sagging sales in its latest quarter." The Connecticut-based maker of Pratt & Whitney jet engines, Carrier air-conditioning equipment, and Otis elevators registered a 5.6 percent decline in third-quarter sales amid engine-delivery delays and currency headwinds.
Tags: united
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United Technologies unveils $12 billion buyback
2015-10-20 15:20:58| Paper - Topix.net
United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.
Tags: united
technologies
billion
unveils
United Technologies unveils $12 billion buyback
2015-10-20 14:56:52| Industrial Machines - Topix.net
United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.
Tags: united
technologies
billion
unveils
Johnson & Johnson posts mixed 3Q results, authorizes buyback
2015-10-13 16:02:19| Biotech - Topix.net
Health care giant Johnson & Johnson posted a 29 percent drop in third-quarter earnings, hammered by plunging sales of its hepatitis C medicine and unfavorable currency exchange rates that reduced the value of overseas sales. Its year-ago results had also included a big gain from selling a diagnostics business.
Tags: results
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johnson
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AutoZone Board Authorizes $750 Million Share Buyback
2015-10-09 23:25:10| Auto Parts - Topix.net
AutoZone is adding another $750 million to its ongoing share buyback program, the Memphis-based car parts retailer announced after market close on Wednesday, Oct. 7. The company said that including the new amount authorized by its board, AutoZone has since 1998 authorized share buybacks worth $16.4 billion. AutoZone chief financial officer Bill Giles said in a release about the news that the company's "continued strong financial performance" allows the company to buy back its stock while maintaining its investment grade rating.
Tags: board
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