Rochester, NY 8/14/2009 1:34:44 AM
United Technologies Corporation , UTX - United Technologies Has Been Trading Substantially
United Technologies Corporation
United Technologies, diversified industrial titan, recent operating results illustrated that, while its businesses are being stressed from global economic turmoil, its business model is far from broken. And compared to its competition, United Tech is more than holding its own in the current environment.
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United Technologies total reported sales fell 17% to $13.2 billion, this also consist an 11 % in company’s organic sales, 5% on overseas sales from the negative overseas fluctuation and another 1 % from business divestitures.
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