Tuesday, October 26, 2010

Market News: United Technologies Corp. (NYSE:UTX), Johnson & Johnson (NYSE:JNJ), Delta Air Lines (NYSE:DAL)

More breaking news stories could affect stocks when trading continues later. The following companies should see some movement: United Technologies Corp. (NYSE:UTX), Johnson & Johnson (NYSE:JNJ), Delta Air Lines (NYSE:DAL). Here is a more detailed look at the news that will affect each company when trading continues. United Technologies Corp. (NYSE:UTX) United Technologies (NYSE:UTX) has decided to donate $1 million to Mystic Aquarium for a new Ocean Exploration Center. Mystic Aquarium, will use United Technologies' (NYSE:UTX) donation to pay for new exhibit space, and it will be renamed as "United Technologies Ocean Exploration Center" when completed in 2012. Dr. J. Michael McQuade, United Technologies (NYSE:UTX) Senior Vice President for Science & Technology. "This exploration center is closely aligned with UTC's own history of pioneering innovation and discovery. We believe our donation will launch a major new attraction at the Mystic Aquarium." Johnson & Johnson (NYSE:JNJ) Faulty hip replacements have put Johnson & Johnson (NYSE:JNJ) in trouble. As more than 10,000 British patients have complained that their hip replacement operations should be reversed, the pharmaceutical giant is facing legal issues to the tune of millions of pounds. According to reports appearing in the daily mail, more than 10,000 patients were asked to return to the hospital in order to have their operation reviewed. The recalls were made after reports came to light claiming that the parts used in the operation contained toxic metals and were causing tumors. Delta Air Lines (NYSE:DAL) Delta Air Lines (NYSE:DAL) has reported $929 million in quarterly profits. Making the previous reports showing stability worthwhile, Delta Air Lines (NYSE:DAL) has posted its quarterly result. The report shows an $878 million improvement year to year. Richard Anderson, Delta Air Line's chief executive officer said, "This quarter's profit is clear evidence of the company's successful merger." The airline has been in efforts to maintain a track record of increased profits over the long run. Expect more movement when trading continues for United Technologies Corp. (NYSE:UTX), Johnson & Johnson (NYSE:JNJ) and Delta Air Lines (NYSE:DAL).
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