UTX Stock Has Suffered from Production Delays, but Improvements Are Coming
United Technologies Corporation (NYSE:UTX) has been under pressure over the past few weeks. The bears have come out for UTX stock in large part because its aircraft engine division, Pratt & Whitney Canada Corp, lowered its delivery targets because of production problems. Pratt & Whitney carries a lot of prestige within United Technologies (UTC).
The company has worked to improve the situation. UTC will have to take a revenue hit this year, but.
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United Technologies Corporation (NYSE:UTX) has been under pressure over the past few weeks. The bears have come out for UTX stock in large part because its aircraft engine division, Pratt & Whitney Canada Corp, lowered its delivery targets because of production problems. Pratt & Whitney carries a lot of prestige within United Technologies (UTC).
The company has worked to improve the situation. UTC will have to take a revenue hit this year, but.
Den vollständigen Artikel lesen ...