Equity Research on United Technologies Corp. and 3M Co. - Macroeconomic Climate and Foreign Currency No Problem for Conglomerates
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/17/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Conglomerates industry and are offering free analytical research on (NYSE: UTX) and (NYSE: MMM). Register with us now to have free access to these research reports. Simply click on the link below.
Conglomerate companies have long been thought of as stable investments due to their large size and diversified range of products and geographical markets, and this remains largely true today. However, with the global economy continuing to sputter and currency impacts reducing sales, a number of companies have faced challenges. Get your free reports on and at . There is no commitment to join.
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Major companies such as United Technologies Corp. and 3M Co. have performed well during the trying times, and recently quarterly results are reflective of this. While sales for 3M in its 2nd quarter declined by 1.9% year-over-year, due in part to currency impacts, the company managed to increase earnings per share by 3.8%. report is accessible for free by registering today at
The story was much the same for United Technologies, which saw its total revenue for the 2nd quarter decline by 5%, as foreign currency translation negatively impacted numbers by 3%. The company was also able to grow its earnings though, reporting a 13% increase in earnings per share when compared to the same period last year. report is accessible for free by registering today at
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Datum: 17.08.2012 - 12:10 Uhr
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