International Business News - United http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif United Rentals Inc., an equipment rental company, on Wednesday said its tender offer for about 27.2 million shares is oversubscribed. The company accepted for purchase 27.2 million shares, about 31.4 percent of its stock, at $22 per share, for a total cost of $597.5 million. http://www.ibtimes.com/articles/20080723/united-rentals-tender-offer-is-oversubscribed.htm Wed, 23 Jul 2008 15:09:50 EDT United Rentals Inc., an equipment rental company, on Monday said Jenne K. Britell has been elected chairman. Britell, who has been a director since 2006, serves as chairman and chief executive of Structured Ventures Inc., where she has held these positions since 2001. http://www.ibtimes.com/articles/20080721/united-rentals-names-jenne-britell-board-chairman.htm Mon, 21 Jul 2008 08:28:55 EDT People's United Financial Inc. on Friday said its second-quarter profit more than tripled from a year-ago period hurt by charges, but results still fell a penny short of Wall Street expectations. http://www.ibtimes.com/articles/20080718/peoples-united-financial-2nd-quarter-profit-jumps.htm Fri, 18 Jul 2008 11:07:35 EDT Pratt & Whitney said Friday it received four contracts worth a combined $912 million to provide engines for several airlines and aircraft leasing companies. http://www.ibtimes.com/articles/20080718/pratt-whitney-wins-130m-deal-to-build-engines.htm Fri, 18 Jul 2008 08:54:00 EDT United Online Inc. said it has revised the terms of its takeover of FTD Group Inc. so that FTD shareholders will receive $10.15 in cash and 0.4087 shares of United Online for every FTD share. http://www.ibtimes.com/articles/20080717/ftd-group-holders-to-get-more-cash-in-buyout.htm Thu, 17 Jul 2008 13:00:40 EDT Among the earnings stories for Thursday, July 17, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080717/earnings-roundup-united-technologies-harley.htm Thu, 17 Jul 2008 10:35:06 EDT United Technologies Corp.'s second-quarter profit rose 11 percent as the maker of everything from jet engines to ventilation systems reported brisk business at Otis elevator and strong orders for its Carrier air conditioners. http://www.ibtimes.com/articles/20080717/united-technologies-reports-11-percent-profit-rise.htm Thu, 17 Jul 2008 16:23:07 EDT United Technologies Corp.'s jet engine manufacturer Pratt & Whitney received five new engine orders from several international carriers worth a combined $665 million, the company said Wednesday. http://www.ibtimes.com/articles/20080716/pratt-whitney-gets-655-million-in-engine-deals.htm Wed, 16 Jul 2008 10:09:10 EDT United Technologies Corp., parent company of jet engine manufacturer Pratt & Whitney, Otis elevator, and Sikorsky aircraft, reports earnings for the second quarter before the market opens Thursday. The following is a summary of key developments and analyst opinion. http://www.ibtimes.com/articles/20080716/earnings-preview-utc-earnings-expected-to-rise.htm Wed, 16 Jul 2008 09:04:21 EDT U.S. aircraft engine manufacturer Pratt & Whitney on Tuesday said it received a contract worth more than $100 million to provide engines for aircraft owned by the Sao-Paulo, Brazil-based air carrier TAM Linhas Aereas. http://www.ibtimes.com/articles/20080715/pratt-whitney-inks-100m-deal-with-brazils-tam.htm Tue, 15 Jul 2008 10:23:34 EDT Bristow Group Inc., a provider of helicopter services to the energy industry, on Monday announced several deals worth a combined $185 million to purchase additional helicopters. http://www.ibtimes.com/articles/20080714/bristow-buys-more-helicopters-from-sikorsky-eads.htm Mon, 14 Jul 2008 16:02:30 EDT U.S. aircraft engine manufacturer Pratt & Whitney said Monday that it acquired a military maintenance and repair business from Liege, Belgium-based Techspace Aero, which is owned by Safran Group of France. http://www.ibtimes.com/articles/20080714/pratt-whitney-acquires-belgium-based-business.htm Mon, 14 Jul 2008 11:29:19 EDT Iron and coal miner Cleveland-Cliffs Inc. said Monday it bought out the remaining 30 percent stake in United Taconite from United Mining Co. for a mix of cash, stock and iron ore pellets. http://www.ibtimes.com/articles/20080714/cleveland-cliffs-buys-out-united-taconite.htm Mon, 14 Jul 2008 10:01:58 EDT United Capital Corp., a real estate manager and maker of engineered products, on Friday said its board received a $23 per share acquisition offer from Chairman, President and Chief Executive A.F. Petrocelli. http://www.ibtimes.com/articles/20080711/united-capital-receives-23-per-share-bid-from-ceo.htm Fri, 11 Jul 2008 17:13:26 EDT United Rentals Inc., which rents equipment ranging from hand tools to heaters, on Thursday narrowed its outlook for 2008 to the lower end of its previous guidance. http://www.ibtimes.com/articles/20080710/united-rentals-narrows-2008-outlook.htm Thu, 10 Jul 2008 17:20:44 EDT A new cancer hospital being built in New Haven to expand Yale's medical services is getting a $1 million boost from a Hartford-based conglomerate. United Technologies Corp. announced its donation to the Smilow Cancer Hospital on Thursday. http://www.ibtimes.com/articles/20080710/united-technologies-gives-1m-to-cancer-hospital.htm Thu, 10 Jul 2008 15:48:56 EDT United States Steel Corp. shares jumped Wednesday after analysts said high spot-steel prices and an ability to control iron and coal costs make the company one of the strongest in the sector. http://www.ibtimes.com/articles/20080709/last-call-us-steel-rises-on-spot-steel-prices.htm Wed, 09 Jul 2008 15:34:01 EDT United Airlines is moving to postpone the debut of its flights between the United States and Moscow until next year because of the unprecedented rise in fuel prices. http://www.ibtimes.com/articles/20080707/united-pushes-back-debut-of-us-moscow-flights.htm Mon, 07 Jul 2008 13:58:14 EDT A division of United Technologies Corp. received a 15-month contract extension worth up to $19.7 million from the Navy for repairs on several items in the J-52 engine, the Pentagon said late Thursday. http://www.ibtimes.com/articles/20080707/united-technologies-unit-gets-19-7m-navy-pact.htm Mon, 07 Jul 2008 10:45:46 EDT United Technologies Corp.'s subsidiary Sikorsky Aircraft recently won a $9.8 million contract from the Army to order future parts for upgrades on the UH-60M helicopter, the Pentagon said late Thursday. http://www.ibtimes.com/articles/20080707/united-technologies-unit-gets-9-8m-army-contract.htm Mon, 07 Jul 2008 10:43:54 EDT