UTC EPS up 12 percent

United Technologies Corp. reported fourth quarter net income attributable to shareholders climbed to $1.3 billion, or $1.47 per diluted share, from $1.2 billion, or $1.31 per diluted share a year ago.
The company said restructuring charges cost 11 cents in the quarter.
Sikorsky accounted for 25 percent of those costs as it cut more than 1000 job. It had $207 million in operating profits for the quarter.

Rob Varnon