Microsoft CEO Suitability Questioned and 2 Dow Movers Making Waves
United Technologies Corporation (NYSE:UTX): Current price $87.39
The flagship airline of Russia, Aeroflot, has chosen the United Technologies unit, UTC Aerospace Systems to provide the wheels and carbon brakes for its new fleet of 16 Boeing 777-300ER aircraft. The firm will supply the equipment through its Wheels & Brakes division in Troy, Ohio. The first aircraft is set for delivery in January.
Verizon Communications (NYSE:VZ): Current price $42.68
The firm reports that approximately 87 percent of postpaid phone sales were smartphones, with around 30 percent of smartphone activations new to Verizon. Also, the company says that nearly 50 percent of total data traffic is on the 4G LTE network. These comments from slides will be presented on the fourth quarter earnings conference call.
Microsoft Corporation (NASDAQ:MSFT): Current price $27.18
The former senior executive Joachim Kempin, in his new book describing his time at Microsoft, says that the current Chief Executive Steve Ballmer is not the right leader for the firm, but holds his grip on it by systematically forcing out any rising manager who challenges his authority, according to a Reuters report.
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