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Company News For Nov 28, 2018

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  • United Technologies Corp.’s (UTX - Free Report) shares plunged 4.1% following news that the company will break into three separate businesses of Jet engines and flight-control systems, Carrier air-conditioning and heating business and Otis elevators
  • Shares of General Motors Co. (GM - Free Report) declined 2.6% after President Trump threatened to cut all its subsidies following the company’s decision to close three major plants in United States
  • Bristol-Myers Squibb Co. (BMY - Free Report) shares tumbled 3% following news that its phase III CheckMate-451 study on immuno-oncology drug Opdivo in combination with Yervoy was unsuccessful
  • Shares of Spirit Airlines Inc. (SAVE - Free Report) jumped 15.3% after the company projected that its revenue per available seat mile for the fourth quarter will increase 11% compared with 6% estimated earlier


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