Fitch reiterates joint Technology Outlook rating

"MarketWatch New York May 19," Beijing time May 19 Evening News, Fitch International Rating (Fitch Ratings) Tuesday reiterated the United Technology company (United Technologies Corp.) (UTX) The Outlook rating "stable",　　But expressed concern that the industry group may encounter weak demand in the aviation market, it is possible to deal with mergers and acquisitions and buy back the stock of large-scale debt.　　Fitch rated the joint technology company's debt default rating, priority unsecured debt and priority unsecured bank credit instruments as "A +". United Technology is headquartered in Connecticut State Hartford, the aircraft engine manufacturer (Pratt &whitney), Aerospace manufacturing Shanghanshe Aerospace (Hamiltonsundstrand), Otis Elevator Company (Otis) and Sikorsky Aircraft Company (　　Sikorskyaircraft) and the parent companies of some other companies.　　Fitch said it reiterated its ratings for joint technology companies because of its strong financial position, strong cash flow trends, effective operational strategies, a comprehensive regional market and product portfolio, and the strength of the market.　　However, Fitch said there were also some concerns about joint technology companies, including a decline in demand in the aviation, construction and industrial markets, and the possibility of increasing debt and loan volumes for mergers and acquisitions or repurchase shares in the future.　　Other issues of concern to joint technology companies include overall acquisitions, falling share prices, pension plans and other issues, Fitch said.　　A spokesman for the joint technology company declined to respond to the ratings and comments made by Fitch.　　The company said last month that its first-quarter earnings were down 28% from a year earlier, as the property-market slump caused orders for products such as Otis Elevator to fall sharply.　　Louis Chenevert, the company's chief executive, will address a meeting of analysts and investors today, Mr. Chenevert. U.S. East time Tuesday 12:33 Noon, the United Technology company shares flat, still 52.98 U.S. dollars.