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RTX swings to loss on Pratt engines issues, approves $10 billion share buyback program

(Reuters) -RTX reported better-than-expected quarterly earnings on Tuesday, as a strong performance at its Collins Aerospace business offset the impact from a major quality crisis at engine-making unit Pratt and Whitney. The company also approved a $10 billion share repurchase program that will be funded through short and long-term debt. RTX said in July it had found microscopic contaminants in powdered metal, used to manufacture high-pressure turbine discs that are part of the engine's c...
Pratyush Thakur Greg Hayes Krishna Chandra Eluri Geared Turbofan Pratt And Whitney Collins Aerospace
Source: yahoo.com

RTX (NYSE:RTX) Shares Gap Up to $73.13

Shares of RTX Co. (NYSE:RTX – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $73.13, but opened at $78.75. RTX shares last traded at $78.24, with a volume of 5,703,617 shares traded. Analysts Set New Price Targets Several brokerages have issued reports on RTX. Citigroup dropped […]
United States Robertw Baird Everett Harris Co Mission Wealth Management Collins Aerospace Systems Pratt Whitney

Alan Wake 2 will have path tracing, DLSS 3 can provide up to 4.7X performance boost

Alan Wake 2 is just around the corner. We've already had a look at the demanding PC system requirements and now, we get to dive into exactly why the game requires such beefy hardware. The simple answer is ray-tracing, and lots of it. The team at Remedy began pushing graphical boundaries with Control, one of …
Alan Wake Alan Wake 2 Path Tracing Pc Requirements Ray Tracing

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Confluence Wealth Services Inc. Boosts Stake in RTX Co. (NYSE:RTX)

Confluence Wealth Services Inc. raised its stake in RTX Co. (NYSE:RTX – Free Report) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,056 shares of the company’s stock after acquiring an additional 142 shares during the quarter. Confluence Wealth […]
Robertw Baird Argent Advisors Inc Element Wealth Dz Bank Collins Aerospace Legal Advantage Investments Inc

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