Friday, December 16, 2011

Science News Headlines | Latest Science News Articles – Yahoo! India News: United Tech sees 2012 profit up as much as 10 pct

Science News Headlines | Latest Science News Articles – Yahoo! India News
Latest Science news headlines from Yahoo! India News. Find science news articles, videos, pictures and in-depth Science coverage from India and around the world.
United Tech sees 2012 profit up as much as 10 pct
Dec 16th 2011, 03:09

NEW YORK (Reuters) - United Technologies Corp said on Thursday it expected to increase profits by 6 to 10 percent in 2012, despite a slowing U.S. recovery and what it expects to be a prolonged slump in Europe. In a nod to deteriorating conditions, the world's largest maker of elevators and air conditioners forecast revenue growth of 1.7 to 3.4 percent at its core businesses. The profit and revenue forecasts omitted the costs and revenue of the company's pending $16.5 billion deal for Goodrich Corp , its biggest-ever acquisition, which it expects to close in the middle of the year. ...

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