United Technologies' Board Okays Otis and Carrier Separation

Thursday, 12 March 2020, 09:42:00
United Technologies (UTX) to soon separate its Otis and Carries businesses, with the board of directors' approval. The separation clears the path for the merger of its aerospace business with Raytheon.
— Zacks Investment Research

Why Shares of United Technologies Fell in February | The Motley Fool

Monday, 9 March 2020, 03:32:56
The market stumbles as the industrial conglomerate nears a major merger.
— The Motley Fool

United Technologies, Boeing share losses contribute to Dow's 1000-point drop

Thursday, 5 March 2020, 20:21:00
Behind losses for shares of United Technologies and Boeing, the Dow Jones Industrial Average is slumping Thursday afternoon. Shares of United Technologies…
— MarketWatch

United Technologies Stock Rises 4%

Wednesday, 4 March 2020, 19:08:00
https://www.investing.com/news/stock-market-news/united-technologies-stock-rises-4-2101265
— Investing.com

Carrier Appoints Chris Nelson Head of Global HVAC Business

Wednesday, 4 March 2020, 13:30:00
PALM BEACH GARDENS, Fla. , March 4, 2020 /PRNewswire/ — Carrier, a leading global provider of HVAC, refrigeration, fire and security solutions, today announced the appointment of Chris Nelson as President of its global HVAC products and services business. This appointment combines Carrier's residential and commercial HVAC business units under a single leader, aligning with its planned reporting segments as a soon-to-be public company. Carrier is expected to complete its separation from United Technologies (NYSE: UTX ) early in the second quarter of 2020. “Chris is an experienced HVAC leader, with the industry expertise, strong business relationships and know-how to drive the kind of accelerated top- and bottom-line growth that we're targeting as standalone Carrier,” said Dave Gitlin , Carrier President & CEO. “With renewed focus and investments in the business, our customers, employees and shareholders can count on Chris to take the global HVAC business to new heights.” Nelson has more than 24 years of sales and general management experience, including 16 years at Carrier.
— Benzinga Feeds