Stocks slumped Friday after a government report showed employers added fewer jobs than expected last month and the euro plunged to a new 4-year low, reviving worries about the health of the European economy.
The Dow Jones industrial average (INDU) lost 200 points, or 1.9%. The S&P 500 index (SPX) gave up 21 points, or 2%. [...]
Posts Tagged ‘united technologies’
Stocks fall on jobs report and euro
June 4th, 2010 by Financial Writer
Tags: Dow Jones Industrial, economy recovery, european economy, european markets, financial, financial stocks, Nasdaq composite, stock market, unemployment rate, united technologies, us economy, us stocks
more...United Technologies to buy GE’s security business
November 12th, 2009 by Financial Writer
United Technologies Corp. on Thursday said it will acquire General Electric Co.’s fire detection and security business for $1.82 billion.
United Technologies said the deal will strengthen its own security operations in North America. Its fire and security portfolio currently includes products such as portable fire extinguishers, consumer security systems, and gas and flame detection products.
The [...]
Tags: general electric, security business, strategic businesses, transaction, united technologies