UTX Unit Chosen by Xiamen to Supply Wheels and Carbon Brakes, and 2 Other Dow Stocks to Watch
United Technologies Corp. (NYSE:UTX): Current price $103.05
United Technologies-owned UTC Aerospace Systems has been chosen by Xiamen Airlines to provide the wheels and carbon brakes for its fleet of six new Boeing 787-8 aircraft. The manufacturing company will supply the equipment through its Wheels & Brakes business in Troy, Ohio, with the first aircraft set for delivery in July. The 787-8 carbon brakes use carbon heat sink material that provides exceptional brake performance and a 35 percent brake life advantage over rival products, allowing significant costs savings for operators, according to United Technologies.
AT&T Inc. (NYSE:T): Current price $34.01
AT&T is among several companies with which General Electric has announced partnerships in order to expand its “Industrial Internet” service that permits customers to analyze data and predict outcomes. The service aids customers in analyzing industrial big data that is so large it is difficult to process by employing traditional database and software. By linking machines to the network and the cloud, workers can track, monitor, and operate GE’s machinery wirelessly from any location via secure and machine-to-machine communications, according to GE Software Corporate Officer Bill Ruh. Other companies partnering in this project are Cisco Systems Inc. and Intel Corp.
Microsoft Corp. (NASDAQ:MSFT): Current price $33.17
Engadget is reporting that Microsoft said it would pay as much as a $100,000 bounty to researchers who discover exploits in Windows 8.1, and it just fulfilled its pledge. The firm just paid the full amount to Context Information Security’s James Forshaw for finding a defense circumvention technique. Microsoft wants a repair before it outlines the attack, but noted Forshaw deserved the full amount for being thorough — he described an entire class of security threat, rather than only a single flaw.
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