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United Technologies
2015-04-29 19:40:07| Paper - Topix.net
United Technologies Corp. said it will complete by mid-year its review of whether to sell, spin off or otherwise divest itself of helicopter maker Sikorsky Aircraft. In a regulatory filing Wednesday, the Hartford-based aerospace and building systems conglomerate said there's no timetable for completing the review and it would not make assurances that Stratford-based Sikorsky will be sold or spun off.
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United Technologies Co. Announces $0.64 Quarterly Dividend
2015-04-27 20:45:02| Industrial Machines - Topix.net
United Technologies announced a quarterly dividend on Monday, April 27th, Analyst Ratings Net reports. Stockholders of record on Friday, May 15th will be given a dividend of 0.64 per share on Wednesday, June 10th.
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The Wall Street Journal: United Technologies discloses second SEC subpoena in bribery probe
2015-04-27 19:39:28| Paper - Topix.net
United Technologies Corp. said it received a second subpoena from U.S. authorities seeking information about potential foreign bribery violations. said late Friday it received a second subpoena on March 9 from the Securities and Exchange Commission seeking documents related to internal allegations of alleged violations of U.S. anti-bribery law by its aerospace and commercial businesses, including its work in China.
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F-35 Engines From United Technologies Called Unreliable by GAO
2015-04-27 13:25:41| Industrial Machines - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. F-35 engines from United Technologies Corp. are proving so unreliable that U.S. plans to increase production of the fighter jet may be slowed, according to congressional auditors.
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United Technologies subpoenaed by SEC as part of formal anti-bribery probe
2015-04-24 15:03:47| Industrial Machines - Topix.net
The subpoenas seek documents related to internal investigations into the company's aerospace and commercial businesses, including but not limited to Otis businesses in China. United Technologies had previously disclosed that it made voluntary disclosures in December 2013 and January 2014 to the U.S. Department of Justice, the SEC and the U.K.'s Serious Fraud Office regarding an internal investigation into a "non-employee sales representative retained by United Technologies International Operations, Inc. and IAE for the sale of Pratt & Whitney and IAE engines and aftermarket services, respectively, in China."
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