RTX to take $3 billion charge, cut its sales outlook as a result of ‘powder metal' condition
Shares of RTX Corp. RTX, -1.01%, formerly known as Raytheon Technologies, sank 4.4% toward a near two-year low in premarket trading Monday, after the defense contractor lowered its sales outlook as...
RTX expects $3 bln hit in Q3 from Pratt & Whitney GTF engine issues
Aerospace supplier RTX said on Monday it would take a nearly $3 billion pre-tax charge in the third quarter due to quality issues with its Pratt & Whitney GTF engines.
RTX: Bearish Headline Risks And Technical Signals - Shares Near Fair Value
iShares U.S. Aerospace & Defense ETF has underperformed the S&P 500 this year. RTX Corporation, a major component of ITA, saw its stock plunge despite positive earnings and guidance. RTX faces chal...
RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Raytheon Technologies (RTX). This makes it worthwhile to examine what the stock has in store.
RTX: The Situation Is Not Ideal, But There's Still A Lot To Admire
RTX Corporation's stock has declined by 15% this year, underperforming its A&D peers and the broader market. The selling was triggered by negative commentary in the Q2 press release regarding Pratt...
RTX Corporation: A Bright Future To Unfold Despite The Engine Turmoil
RTX reported very strong second quarter results, but investors focused myopically on an issue found with the alloying of certain HPT disks in the PW1000G family of engines (geared turbofans). The a...
Should You Buy RTX Corp Stock At $85?
Although the company reported an upbeat Q2, its recall of over 1,000 engines and associated costs has weighed on its stock.
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