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Associated Press
Posted on January 17, 2014 at 6:00 AM
Updated today at 6:30 PM
HARTFORD, Conn. (AP) United Technologies Corp. is expected to post a modest increase in revenue for the fourth quarter and stronger sales growth for 2013, while its emphasis on cost-cutting drives a stronger boost in profit.
The Hartford, Conn., aerospace and building systems conglomerate is set to report its results before the markets open on Wednesday.
WHAT TO WATCH FOR: Chief Executive Officer Louis Chenevert told analysts in December that United Technologies, parent company of jet engine maker Pratt & Whitney, helicopter manufacturer Sikorsky Aircraft and other businesses, picked up the pace of cost-cutting as it anticipated growth in its aerospace and building systems businesses.
It announced in October it would spend $500 million on restructuring in 2013, up from $350 million announced earlier in the year.
"It's clear to me we had a softer recovery than we expected this time last year, but we still delivered on the high end of the original range that we portrayed here a year ago," Chenevert said.
United Technologies said in December 2012 that it expected 2013 earnings per share of between $5.85 and $6.15 on sales of $64 billion to $65 billion. Last month, it said it expects 2013 earnings per share of about $6.15 on sales of about $63 billion.
Sterne Agee analyst Peter Arment said in a Jan. 13 note to investors that aerospace companies in the fourth quarter should continue to benefit from rising airline production and healthier repair and maintenance markets.
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Modest 4Q revenue rise seen for United Tech
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Lawrence, Kansas (PRWEB) January 17, 2014
Downy brome is an aggressive, invasive winter annual grass and may be the most abundant plant in the western United States. Ranchers and natural resource professionals agree: downy brome, also called cheatgrass, is a problem. The consensus, however, ends there. These two groups differ in their level of concern about this weed and on what methods they use to control it.
The authors of an article published in the current issue of Invasive Plant Science and Management surveyed natural resource professionals (NRPs) and ranchers in Colorado and Wyoming about their knowledge and management of downy brome. Using focus group discussions and written surveys, the authors found that ranchers tended to be somewhat less concerned about downy brome than NRPs. These practitioners also had different approaches to combating downy brome. Ranchers preferred to graze infested lands in early spring, whereas NRPs often relied on seeding desirable grasses and/or applying herbicides.
The surveys also revealed similarities between these two groups of practitioners. Generally, both groups were most likely to adopt new or innovative management practices when the new measures were compatible with existing operations. Additionally, both groups expressed the need for more information about preferred control methods and alternative solutions to controlling downy brome.
Competing priorities and limited resources were the top constraints for successful downy brome management. For both ranchers and NRPs, other weeds are currently a higher priority and limited labor is available to address downy brome. Since downy brome is not officially listed as a high priority noxious weed in CO or WY, ranchers and NRPs put more effort and money into controlling other noxious weeds. Ranchers also cited lack of information about effective management tools, while NRPs indicated that long-term treatment is not financially viable.
The authors concluded that downy brome management would likely improve if the grass was listed as a noxious weed for which eradication is mandated, and thus more tax dollars might be allocated to effective management. Improved education, including clear identification procedures and information about downy brome biology and ecology, would also help prevent its spread. Ranchers and NRPs should also be better informed about management methods of control that require minimal labor and cost. To conclude, the authors stated that both groups need decision-support tools to help assess the economic and ecological trade-offs associated with various downy brome management strategies.
Full text of the article Managing downy brome (Bromus tectorum) in the Central Rockies: Land manager perspectives, Invasive Plant Science and Management, Vol. 6, No. 4, 2013, is now available.
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About Invasive Plant Science and Management Invasive Plant Science and Management is a broad-based journal that focuses on invasive plant species. It is published four times a year by the Weed Science Society of America, a nonprofit professional society. The Weed Science Society of America promotes research, education, and extension outreach activities related to weeds; provides science-based information to the public and policy makers; and fosters awareness of weeds and their impacts on managed and natural ecosystems. For more information, visit http://www.wssa.net/.
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Land Managers Choose Diverse Solutions to Downy Brome Problem
Tribune/ Debra Reid - EcoBroker realtor Trudy Brussard of Dickson Realty grows orchids in her passive-solar sunroom with honeycomb blinds for year-round window insulation. Rooftop solar panels heat her water and swimming pool.
Tribune/ Debra Reid - Realtor Patrick Fletcher and listing agent Jan Peck, both of Dickson Realty, showed the passive geothermal furnace and water heater inside a "green" home on the market in southwest Reno. Fletcher said he's in training to be a certified Ecobroker.
With a slumping economy, real estate agents are learning how to tout more than spacious living rooms and elegant kitchens. They're learning how to become more "green-minded."
Acquiring the education to be able to sell homes that are more energy-conscious doesn't make realtors just "real estate agents" anymore. Now they're called EcoBrokers.
Dickson Realty just added its sixth certified EcoBroker to its company through its South Lake Tahoe office, more than any other real estate agency in the state.
"It's actually a pretty comprehensive set of information," said Trudy Brussard, who has the certification at her Dickson Reno office.
Brussard has been with Dickson for 17 years and she's constantly learning new information to help prospective buyers and sellers better prepare for finding that right house.
"(The training) tries to guide you through what the issues are and who to direct people to, solutions for their problems, how to help people find green homes," she said.
Attaining the certification requires completing a curriculum of courses, some more involved than others. It can take up to six months.
Thinking green is the basis for the up-and-coming seekers of the EcoBroker designation. It requires realtors to learn about energy-efficient appliances, solar panels, window protection, everything a developer would add to a new home to make it adhere to green standards. It can involve anything, down the way a house "breathes" with its air filters, Brussard said.
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'EcoBrokers' see more green than in dollar bills
STACY SQUIRES/Fairfax NZ
TOUGH THREE YEARS: David Ayers, the Waimakariri District Mayor, in Rangioras town centre which still has areas fenced off because of earthquake damage.
Every parking space not blocked by fences is full during Rangiora's rush hour.
There is no unhindered path down the main street and pedestrians cross the road several times to avoid cordons around earthquake-prone buildings.
For a town with little damage compared to its neighbour, Kaiapoi, the perceived lack of progress is hard to understand.
Waimakariri Mayor David Ayers has lived in the North Canterbury since the late 1970s. He and his wife live in the only home left on High St - "the most central house in Rangiora".
"I look at fences, so I'm very conscious of our town centre," he says.
Buildings council has "total control over" are being fixed, like the Town Hall.
Most businesses in Rangiora pre-quake are still trading, but many still battle with insurance companies.
Department store Farmers closed its doors in March 2012, after its building was deemed quake-prone. Fences remain around the prime and central spot, which Ayers says has been "certainly significant for the town".
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Lack of progress takes town's toll
