United Technologies Corp

General Electric (GE) released its 1Q18 earnings on April 20. GE’s adjusted earnings per share were $0.16, up 14.0% year-over-year.

On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66.

In September 2015, Honeywell acquired Aviaso Software, a privately held aviation software company based in Switzerland. Aviaso develops and provides fuel efficiency and emission-saving software to the airline industry.

In Q3 2019, Citadel Advisors’ portfolio of publicly traded securities was worth $212.04 billion. In Q2 2019, its portfolio was worth $155.1 billion.

The Intelligence, Information and Services segment was almost in line with last year. So were the operating income and margins, all of which saw marginal declines.

Boeing (BA) has been feeling the heat after its 737 Max 8 aircraft crashed on March 10—the second crash in five months.

OTPP added a new position in XPO Logistics Inc. (XPO) during the third quarter that ended in September. The position accounted for 0.46% of the fund’s total portfolio.

For Boeing, most of 2019 has been about the 737 MAX. It’s curbed the decision about whether to build its 797 model until the 737 MAX crisis is resolved.

Yesterday, the US Air Force awarded a $999 million contract to Boeing (BA) to upgrade the wings of its A-10 Thunderbolt II attack aircraft.

According to the regulatory filing from Bill Ackman’s Pershing Square Capital, the fund has taken a new stake in Berkshire Hathaway (BRK.B).

Bill Ackman has made a huge comeback in 2019.

On March 6, Boeing (BA) announced that it completed the acquisition of ForeFlight. Boeing didn’t disclose the financial terms of the deal.

Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.

3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.

Carl Icahn is a great believer in Herbalife. He has been a substantial investor in this stock since January 2013.

The strong upward trend in the market has pushed Honeywell’s (HON) one-year forward PE (price-to-earnings) multiple to 20.30x as of January 22, 2018.

Since Honeywell (HON) declared its 3Q17 earnings on October 20, 2017, HON stock has risen ~9.0% as of January 22, 2018.

United Parcel Services (UPS US) earns a “wide economic moat” rating from Morningstar from efficient scale, cost advantage, and the network effect.

The Canadian Air Force placed an order for 65 Lockheed Martin (LMT) F-35 fighter jets for $30 billion. The CAF canceled the order and replaced it with 18 Boeing CF-18 aircraft for $5.2 billion.

TransDigm Group Inc. (TDG US) is a leading designer and manufacturer of engineered aircraft components for commercial and military aircraft.

Intangible assets are nonphysical and nonmonetary in nature, which makes it hard to measure and manage them. They can be worth more to a company than tangible assets.

In this article, we’ll take a look at Canadian Pacific Railway’s (CP) overall traffic. The company’s overall freight traffic also consists of its intermodal volumes.

At the end of 4Q16, Boeing’s leverage fell to ~$10 billion as compared to $10.5 billion at the end of 3Q16 and $11 billion at the end of 2Q16.

For a long time, General Electric (GE) has remained a decent dividend distributor in the S&P 500 space. The company raised its dividend per share by $0.01 to $0.24 in January 2017.

General Electric’s (GE) projected benefit obligation (or PBO) calculation takes into account the average years of service, salary growth, and the discount rate.

3M (MMM) offers defined benefit plans to all its US employees and those outside the United States as a well. Overall, the company has 80 defined plans across 28 countries.

General Electric’s (GE) projected benefit obligation (or PBO) calculation takes into account the average years of service, the salary growth, and the discount rate.

Immediately after Donald Trump’s tweet, Boeing (BA) stock fell 1%. Other defense contractor stocks also had to bear the brunt.

If BA manages to achieve its estimated returns and asset allocation, the weighted-average expected rate of return on plan assets would be short of 7%.

For Boeing (BA) to fulfill this promise to its employees, it would require $17.9 billion—a huge sum by any standard.

On October 11, 2016, General Electric (GE), an industrial behemoth, said that it was set to acquire LM Wind Power for $1.7 billion.

General Electric’s Aviation segment General Electric’s (GE) Aviation segment is the second-largest contributor to the company’s overall revenues. This segment’s 22.5% operating margins in 1H16 were the largest among all eight segments reported under GE Industrial. Commercial aviation According to the International Air Transport Association (or IATA), global air traffic is expected to fall to […]

Analysts’ estimates Analysts estimate that General Electric’s 3Q16 revenues will total $30.0 billion, up by 7.3% on a year-over-year basis. Even though energy markets are acting as a deterrent to General Electric’s (GE) overall revenues, the favorable business environment in power, aviation, and healthcare will jack up the revenues. Analysts expect the next four quarters’ revenue to […]

General Electric’s 2016 free cash flows are expected to remain at $8.2 billion. This is mainly due to free cash flows of -$6.0 billion generated in 1H16.

The origins of United Technologies (UTX) lie in the creation of the United Aircraft and Transportation Company (or UATC) in 1929.

Looking at Boeing’s dividends, we see that it has been a consistent dividend payer for more than two decades. For 2Q16, it paid a total of $691 million in dividends.

3M Company’s (MMM) acquisition strategy for the last ten years can be classified as “BI” (before Inge) and “AI” (after Inge).

In February 2016, 3M Company (MMM) set financial objectives for the five-year period from 2016 to 2020 that were slightly below its previous expectations.

Realizing that its capital structure was sub-optimal and was leading to a high cost of capital, 3M Company started adding leverage.

3M Company’s (MMM) accruals ratios using the balance sheet and the cash flow methods rose considerably in 2015.

3M Company’s (MMM) Consumer Solutions segment is made up of four diverse businesses, which garnered a combined annual revenue of $4.4 billion in 2015.

3M Company is generating a massive 30%–32% of its annual revenue from products it’s introduced in the last five years.

Honeywell (HON) purchased Com Dev for $345 million net of debt and cash, which was equivalent to ten times the EBITDA of the target.

David Cote, who took over as chairman and CEO of Honeywell, helped shape the Honeywell Operating System (or HOS) for production, which integrated several management theories.

Both Honeywell and United Technologies recently confirmed that they had engaged in conversations related to a potential merger to create a global aerospace behemoth.

Industrial production—or in some cases, manufacturing production—provides important input about a nation’s economic output, irrespective of its business cycle.

The Markit PMI report serves as a business activity scorecard for the economy under survey. It provides insight into the private sector economy.

UTC offers some products and services through UTC Building & Industrial Systems, a combination of two segments, Otis and UTC Climate, Controls & Security.

Strengths and weakness are internal factors within a company’s control. Opportunities and threats are external factors outside its control.

Boeing bought Vought Aircraft Industries, one of its Tier 1 suppliers. This acquisition helped Boeing gain more robust control of its manufacturing process.