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Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp <UTX.N>, becoming the second activist hedge fund to sell shares after the company ...
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines , aerospace systems, HVAC , elevators and escalators , fire and security , building automation, and industrial products ...
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a ...
Indexes closed lower on Tuesday, led by a slide in tech stocks. The Nasdaq dropped almost 2%, while the Dow lost more than 150 points. Data showed strong growth in the services sector last month ...
Meanwhile, stock investors are still awaiting a "Santa Claus rally," a five-day trading stretch marked by big gains at the year's end. Here's where US indexes stood shortly after the 9:30 a.m ...
The benchmark stock market index on the Johannesburg Stock Exchange fell by 9.3%. [265] The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. [266] 12 March was the second time, following 9 March drop, that the 7%-drop circuit breaker was triggered since being implemented in 2013. [236]
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