Financial Mines

Financial Mines

News and notes from the business reporters for the Connecticut Media Group.

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.

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