Conglomerates Benefitting From Strengthening US Economy
Five Star Equities Provides Stock Research on General Electric & United Technologies
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 01/27/12 -- Large industrial companies have posted better-than-expected results in recent months as strong demand from emerging markets and an improving US recovery is helping to offset weakness in Europe. Five Star Equities examines the outlook for companies in the conglomerates industry and provides equity research on General Electric Co (NYSE: GE) and United Technologies Corporation (NYSE: UTX). Access to the full company reports can be found at:
United Technologies Corporation (UTC) is a provider of technology products and services to the building systems and aerospace industries worldwide. The Company's operating units include businesses with operations throughout the world. Earlier this week the company announced that its fourth-quarter profit rose nearly 11 percent, propelled by growth in its aerospace businesses. Total revenue increased 1 percent.
Much of the company's existing aerospace business is improving, the Associated Press reports. In the October-December quarter, jet engine maker Pratt & Whitney's operating profit rose 12 percent, while profit at aerospace parts maker Hamilton Sundstrand jumped 21 percent.
Five Star Equities releases regular market updates on the conglomerates industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
General Electric Company (GE) is a diversified technology and financial services corporation. The products and services of the Company range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products.
Earlier this week GE Capital, Corporate Finance announced it is administrative agent on a $610 million asset-based credit facility for EVRAZ North America, a leading steel manufacturer. The loan will be used for working capital and general corporate purposes. "We have worked closely with EVRAZ for many years," said Tom Quindlen, president and CEO, GE Capital, Corporate Finance. "Providing steel companies with working and growth capital to help build their business is one of our specialties."
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 27.01.2012 - 13:20 Uhr
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