Market Weekly: Sep 04-Sep-08-2017

#11590
Assistanc3
Participant

Moody’s and S&P both placed UTX on review for a one-notch downgrade, with the former saying the company may have to increase “reliance on inherently uncertain earnings growth to moderate leverage… The time to decrease leverage to United Technologies’ current levels could be lengthy.”

[quote=”Assistanc3″ post=1314]United Technologies ($UTX) has reached a deal to buy Rockwell Collins ($COL) for $30B

the biggest-ever aerospace deal[/quote]