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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
NEW YORK (MarketWatch)
United Technologies Corp. said
its fourth-quarter profit from continuing operations fell to $945
million, or $1.04 a share, from $1.28 billion, or $1.42 a share, in the year-ago
period
The latest quarter included one-time costs of 25 cents a share for
restructuring and 12 cents a share at the company's Sikorsky unit, plus a
currency impact of 2 cents a shar
Sales at the industrial conglomerate
increased by 14% to $16.4 billion
Wall Street analysts expected United
Technologies to earn $1.04 a share on sales of $16.65 billion, according to a
survey by FactSet
Looking ahead, United Technologies expects 2013 profit of
$5.85 to $6.15 a share, compared to the Wall Street estimate of $6.05 a share
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