The Latest Breaking News from Otis

Otis Worldwide underperformed the industrial sector recently, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

Despite Otis Worldwide underperforming the broader market over the past year, analysts remain moderately bullish on the stock’s prospects.

Otis Worldwide is expected to release its fiscal second-quarter earnings this month, and analysts project a double-digit profit increase.

Otis Worldwide has recently lagged the Dow Jones Industrial Average, but analysts are optimistic about the stock’s prospects.

Elevator manufacturer reports 6.7% YoY sales growth, plans $150M cost savings with UpLift program.

The industrial sector will likely grow as a result of strong demand and advancements in technology. Therefore, fundamentally strong industrial stocks Otis Worldwide (OTIS), Dover (DOV), and Graco (GGG) could be worth adding to your watchlist. Read on.

Spiegel and wife Miranda Kerr gave Otis College of Art and Design its biggest gift ever. The students who benefitted are still wrapping their minds around it.

Elevator makers are experimenting with facial recognition and horizontal shafts.

Loyal customers and inflation-proof pricing power will help these companies pay off for investors even in a tough economy.

General Electric Co (NYSE:GE) has named its current Chairman and CEO H. Lawrence Culp, Jr., to take up the additional role of CEO of GE Aviation, effective immediately. GE Aviation's current President and CEO, John Slattery, has been named Executive Vice President and Chief Commercial Officer of the business. GE named Russell…

Otis Worldwide Corp (NYSE:OTIS) has appointed Anurag Maheshwari as Executive Vice President & Chief Financial Officer, effective August 12, 2022. Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. Most recently, Maheshwari served as Vice President, Finance, IT, and Chief Transformation Officer in the Otis Asia Pacific region. Before joining…