Avionics & Interiors Maker Rockwell Collins Being Purchased By Aerospace Supplier United Technologies For $30 billion

Farmington, Connecticut-based Aerospace supplier United Technologies (NYSE: UTX) will pay $140 per share for Rockwell Collins (COL), split between $93.33 per in cash and $46.67 in stock, according to the companies and an article via Reuters.

To grow your understanding of this ongoing opportunity and to stay up to date please consider visiting the  United Technologies (NYSE: UTX) dedicated company page located within the Vista Partners Coverage pages.

United Tech to buy Rockwell Collins for $30 billion

Farmington, Connecticut-based United Technologies will pay $140 per share for Rockwell Collins, split between $93.33 per in cash and $46.67 in stock, according to the companies. The price represents a 17.6 percent premium to Rockwell’s $119 share price before news of the talks emerged on Aug. 4…

finance.yahoo.com

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BHP Billiton Back On Map Post Latest Quarter

BHP Billiton (BHP) this week reported a $6.7 billion profit in their latest annual report and squarely placing themselves back on the map. This is post the $6.4 billion loss they reported the year before. The Melbourne, Australia based miner has seemingly recovered from the build up in iron ore and coal assets based primarily on anticiapated Chinese demand & where they had to take the significant write down in 2016.

They are also reported to be interested in selling their U.S. shale oil assets.

BHP Billiton returns to black with $6.7 billion profit

CANBERRA, Australia (AP) — Anglo-Australian miner, BHP Billiton, on Tuesday reported a return to black with a $6.7 billion annual profit a year after the company’s worst ever full-year result and said it wants to sell its U.S. shale oil assets…

finance.yahoo.com

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Alibaba Seeking Growth Through Use of Artificial Intelligence

China’s e-commerce giant Alibaba (BABA) wants to tell custmers what they want to buy with the assistance of artificial intelligence (AI). Alibaba has apparently created the Deep Interest Network, which improves recommendation algorithms with the understanding that users have diverse buying interests, and only part of the data is useful to predict a user’s behavior. Note that Alibaba has captured nearly 40% of the $27.9 billion mobile advertising spent in China according to emarketer.

Alibaba’s mobile engagement is exploding thanks to AI

Alibaba has seen surges in mobile engagement during the first quarter of 2017 as it uses AI technology to improve advertisement…

finance.yahoo.com

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Vista Partners Quote of Day Monday August 14

“I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over” – Warren Buffett




Fire in Dubai

It was reported earlier tonight that a significant and dangerous fire is being fought in a residential high-rise tower in Dubai. Apparently this is the second time that this has happened in just over two years.

The other crazy thing is that tower is named Torch Tower and is one of the world’s tallest residential buildings.

Huge fire at 84-story residential tower in Dubai

Firefighters battled a massive blaze in a residential high-rise tower in Dubai on Thursday night…

on.mktw.net

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Key Components Led Charge for Dow 30’s Record Milestone Today!

We achieved an intraday record of 22,036.10 on the Dow 30 today while closing at 22,016.24. McDonald’s Corp. (MCD) was up +1.66% , Apple, Inc (AAPL) ended up 4.73% & 3M (MMM) was up 1.1%.

How each Dow stock contributed to the 22,000 milestone

Here’s how shares of the 30 Dow industrials components contributed to the blue-chip barometer’s climb to the 22,000 milestone…

www.marketwatch.com

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Dow30 Component 3M (NYSE: MMM) Files Lawsuit Against China Based Firm

St. Paul, MN based 3M (NYSE: MMM) is a diversified technology company with a global presence in the following businesses: Industrial; Safety and Graphics; Health Care; Electronics and Energy; and Consumer. 3M is among the leading manufacturers of products for many of the markets it serves. Most 3M products involve expertise in product development, manufacturing and marketing, and are subject to competition from products manufactured and sold by other technologically oriented companies.

Recently, 3M insued a press release stating “3M Co. and 3M Innovative Properties Co. filed a lawsuit in the Central District of California against K2 Concepts and China-based Phoenix Automotive Refinishing, alleging multiple counts of patent, trademark, and copyright infringement. The suit alleges that certain automotive painting spray gun cup products, which are made by Phoenix in China and marketed and sold in the United States by K2, infringe seven 3M patents directed to 3M’s PPS™ technology that enables the efficient mixing and spraying of coatings for automotive collision repair and other applications. The suit also alleges that Phoenix’s marketing materials for those same spray gun cup products infringe 3M’s registered copyright and trademarks.”

To learn more about 3M and to stay abreast of its product and business developments, please visit a Company dedicated page for 3M at the Vista Partners website.

3M Files Lawsuit Against K2 Concepts and Phoenix Automotive Refinishing for Patent, Trademark, and Copyright Infringement

3M Co. and 3M Innovative Properties Co. filed a lawsuit on April 5, 2017, in the Central District of California against K2 Concepts and China-based Phoenix Automotive Refinishing, alleging multiple counts of patent, trademark, and copyright infringement…

finance.yahoo.com

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Frightened of Driverless Cars Becoming Reality?

No this picture is not related to the latest  Stephen King novel or associated to another SciFi movie like Star Trek. However, It does represent today’s reality of driverless cars. I have to admit it that I am a little frightened of driverless cars, but at the same time I am truly excited about the promise and efficiency that it promises. Today BBC News published a story regarding how a driverless shuttle bus is being tested over the next 3 weeks in a bourough of London called Greenwich. It will be exciting to see and hopefully report that all goes well. Stay tuned in…

Driverless shuttle bus to be tested by public in London – BBC News

Over the next three weeks, about 100 people will travel in a prototype vehicle on a two-mile route…

www.bbc.com

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CATERPILLAR SHOWCASED MACHINES AT CONMAC 2017

Caterpillar India showcased the Cat® 320D2 and Cat 313D2 Excavators; Hindustan 2021Z Wheel Loader and 424B Backhoe Loader among its wide range of machines that are used in various sectors and applications that are particularly effective in high altitude terrain. The exhibition was held at Guwahati from March 2 – 4, 2017.

The picture above is unrelated but I just liked it and it reminded me of my days growing up on the farm in Indiana!

See link to complete article below.

Caterpillar India to Showcase Machines that also Work in High Altitude Terrains at ConMac 2017 Exhibition

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www.caterpillar.com

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Dupont’s 2017 Growth Strategy Outlined

Earlier in March DuPont Executive Vice President James C. Collins discussed priorities for Dupont’s agriculture business segment at the Bank of America Merrill Lynch 2017 Global Agriculture and Chemicals Conference, including plans to deliver new genetics, biotech traits and crop protection products. Colin stated, “The most urgent challenge for growers is to improve crop productivity on every acre.”

DuPont Agriculture Executive Outlines 2017 Growth Strategy

LAUDERDALE, Fla., March 1, 2017 /PRNewswire/ — DuPont Executive Vice President James C. Collins discussed priorities for the company’s agriculture business segment today at the Bank of America Merrill Lynch 2017 Global Agriculture and Chemicals Conference, including plans to deliver new genetics..

finance.yahoo.com

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