UTX Deal Marks Historic Day In Bond Market

One week back, the U.S. Treasury Department announced it would start auctioning off two-year floating rate notes – either later this year or early next year. The news marked the first new financing product from the U.S. government in more than 15 years since TIPS or Treasury Inflation-Protected Securities were introduced in 1997.

David Ott submits:Tomorrow, United Technologies Corp (UTX) will announce earnings before the opening bell. The consensus estimate is for 1.067 per share on a fully diluted basis, before abnormal items. UTX has generally beat expectations by one or two percent over the past few quarters, so it seems reasonable to expect that they will do so again tomorrow. Company Profile

By Dividends4Life: Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysis:

By David Zanoni:United Technologies (UTX) has outperformed the S&P 500 over the long haul. It has achieved this by providing investors with the combination of dividend payments and earnings growth that outpaced the market.This $76 billion large-cap company is divided into a number of diverse segments: Segment

By Dividends4Life: Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysis:Company Description: United Technologies Corp.

Dividends4Life submits: Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysis:

Petroleo Brasileiro SA plans to sell $11 billion of bonds abroad, the most ever for an emerging-market issuer, according to a person familiar with the offering. Petrobras, as the Brazilian state-run oil producer is known, is offering fixed-rate bonds due in three, five, 10 and 30 years as well as three- and five-year floating-rate notes, according to a person, who asked not to be identified because terms aren’t set.

Investors who participated in the country’s latest Maple transaction — a $650-million, five-year 3.375% offering from Goldman Sachs Group Inc. — are hoping that they do as well as investors did last year with a similar offering by the same issuer. At a session held this week in Toronto by Montreal-based money manager Pembroke Management, Richard Usher-Jones, a partner at Canso Investment Counsel, a firm that sub-advises to Pembroke, explained how a bond returned 17% last year, yet interest rates are near or at their lowest levels in many years.