The industrial conglomerate—which owns jet-engine maker Pratt & Whitney, Otis elevators, and Carrier air conditioners, among others—dropped four slots on this year’s Global 500 as it takes a hard look at its sprawling collection of businesses in the wake of its $30 billion acquisition of aerospace systems provider Rockwell Collins in late 2017. The company sees plenty of opportunity in each one of its segments, but over the long term, and its prospects for growth come measured in years, not quarters.
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News about United Technologies
A government newspaper targeted Apple earlier this month.
The MSCI World Utilities Index has fallen 10% since the end of November.
Giving it access to lucrative contracts with NASA and the U.S. Army.
"We intend to take a hard look at the proposed combination."
Huge aerospace deal has skeptics.