Equity Research on United Technologies Corp. and 3M Co. - New Products and Acquisitions Driving Conglomerates
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/23/12 -- Conglomerate companies such as United Technologies Corp. and 3M Co. have been doing a solid job of late, as their broad geographical reach and diverse product offerings have shielded them from some of the ongoing macroeconomic turbulence. In an attempt to grow sales and profits, several companies have been focusing on acquisitions and bringing new products to market. Get your free reports on and at . There is no commitment to join.
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On the product development side of things, Sikorsky Aircraft Corp., a subsidiary of United Technologies, recently received some good news, as the Federal Aviation Administration approved the Type Certificate for the S-76D™ helicopter. The helicopter has a substantial backlog, and deliveries are expected to commence later in the quarter. 3M has also been innovating, with the company recently introducing two new lines of optical components. report is accessible for free by registering today at
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On the acquisitions front, 3M is also creating some buzz. The company stated that its wholly-owned subsidiary, Cyborg Acquisition Corp., has begun its tender offer for all outstanding shares of common stock of Ceradyne Inc., an advanced technical ceramics company. report is accessible for free by registering today at
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Datum: 23.10.2012 - 12:00 Uhr
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