United Technologies Bucks Weak Industrials by Boosting Forecast

Updated on
  • Markets ‘doing much better’ than global economy, CEO says
  • U.K.’s Brexit vote seen damping orders for Otis elevators

United Technologies Corp. raised the low end of its 2016 profit forecast, defying a trend among industrial companies, as the aerospace and building-system giant reported growth in key businesses.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.