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While reporting financial results for the fourth quarter on Tuesday, aerospace and defense company RTX Corp. (RTX), previously Raytheon Technologies Corp., initiated its adjusted earnings and sales outlook for the full-year 2024.
RTX Corp. (RTX) shares are gaining more than 7 percent on Tuesday morning trade after the company announced an increase in fourth-quarter earnings compared to the prior year.
(Bloomberg) -- RTX Corp. is planning to refinance a short-term loan that’s covering the cost of its $10 billion share buyback with longer-maturity debt, a spokesperson for the company said. Most Read from BloombergIsrael Latest: Netanyahu Rules Out Cease-Fire, UN Warns on SyriaSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesSaudi Forces on High Alert After Deadly Clash With Houthi RebelsInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael-Hamas War Escalation Puts Qatar’
Shares of RTX Corp. (RTX) are trading up more than 6 percent on Tuesday morning trade after the company revealed its plan to buy back additional $10 billion shares.
A large number of Airbus passenger jets will need to have their engines removed and inspected in the coming months after engine maker Pratt & Whitney discovered a problem that could cause parts to wear out more quickly, potentially adding to stress on airlines during the remainder of a hectic summer travel season. Shares of Pratt & Whitney parent RTX Corp. fell 11% Tuesday afternoon after the company disclosed the issue. RTX said that a “rare condition” in powder metal used to manufacture certain parts made between late 2015 and mid-2021 will require speeded-up fleet ...