Business Services Industry
UTC Chief Affirms Earnings Forecast; Firm Sees Chance to Build Up Chubb PLC.
Knight Ridder/Tribune Business News, November, 2003
The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Nov. 6--United Technologies Corp.'s chief financial officer reaffirmed the company's earnings forecast Wednesday and offered insight into UTC's approach to its newest acquisition, Chubb PLC.
Stephen Page told analysts at a Goldman, Sachs conference in New York that Hartford-based UTC would look to cut costs and boost operating efficiency at Chubb before trying to build on its new security-services base with acquisitions. That could change, he said, if the right opportunity came along.
As an example of likely cost cutting, Page said, Chubb has three customer call centers in England and sister company Otis Elevator has just one.
In a session carried on the Internet,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
