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Otis Worldwide Corp

96.72

-1.8025-1.83%

Volume:1.22M

Turnover:118.62M

Market Cap:38.26B

PE:23.76

High:98.37

Open:97.10

Low:96.12

Close:98.52

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Overview Company News Filings

Exploring Analyst Estimates for Otis Worldwide (OTIS) Q1 Earnings, Beyond Revenue and EPS

Otis Worldwide Corp. Stock Rises Thursday, Outperforms Market

EXCLUSIVE-TK Elevator owners weigh US for potential multi-billion euro IPO, sources say

Tk Elevator Could Be Valued at More Than 20 Bln EUR in Any Sale or Listing, Sources Say

THOMSON REUTERS

Tk Elevator Shareholders Weigh Potential US Listing in 2026, Sources Say

THOMSON REUTERS

Wolfe Adjusts Price Target on Otis Worldwide to $102 From $104, Maintains Underperform Rating

MT Newswires Live

RBC Capital Reaffirms Their Buy Rating on Otis Worldwide (OTIS)

Otis Worldwide Corp. Stock Rises Monday, Outperforms Market

Kuen Cheng High School Earns 2nd Place in Otis' Asia Pacific Regional Made to Move Communities™ Challenge

Otis First Quarter 2025 Earnings Advisory

Otis Worldwide Corp. Stock Outperforms Market Despite Losses On The Day

Otis Worldwide Is Maintained at Neutral by JP Morgan

JPMorgan Adjusts Price Target on Otis Worldwide to $88 From $105, Keeps Neutral Rating

MT Newswires Live

Otis Worldwide Corp. Stock Falls Friday, Underperforms Market

Otis Worldwide Unit to Pay $1.7 Million to Settle Italian Competition Authority's Probe

MT Newswires Live

Wolfe Research Adjusts Price Target on Otis Worldwide to $104 From $103, Keeps Underperform Rating

MT Newswires Live

Otis Worldwide (NYSE:OTIS) Expands Kaohsiung MRT Reach With 65 New Elevators And Escalators

Simply Wall St.

OTIS to Supply Elevators & Escalators for Kaohsiung's New Project

Otis Worldwide Corp. Stock Rises Monday, Outperforms Market

GE Aerospace (NYSE:GE): Strongest Q4 Results from the General Industrial Machinery Group

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22:17","pubTimestamp":1744899450,"startTime":"0","endTime":"0","summary":"EXCLUSIVE-TK Elevator owners weigh US for potential multi-billion euro IPO, sources sayDeliberations at an early stage, sources sayBusiness likely to be valued at more than 20 billion eurosUS accounts for 35% of TK Elevator's group salesAdds TK Elevator comment, company statistics in paragraphs 4, 7By Emma-Victoria Farr and Christoph 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Adjusts Price Target on Otis Worldwide to $102 From $104, Maintains Underperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2528719144","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528719144?lang=en_us&edition=fundamental","pubTime":"2025-04-17 20:16","pubTimestamp":1744892166,"startTime":"0","endTime":"0","summary":"Otis Worldwide (OTIS) has an average rating of hold and mean price target of $100.50, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ba","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2527440791","title":"RBC Capital Reaffirms Their Buy Rating on Otis Worldwide (OTIS)","url":"https://stock-news.laohu8.com/highlight/detail?id=2527440791","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527440791?lang=en_us&edition=fundamental","pubTime":"2025-04-16 09:50","pubTimestamp":1744768235,"startTime":"0","endTime":"0","summary":"In a report released yesterday, Nicholas Housden from RBC Capital maintained a Buy rating on Otis Worldwide (OTIS – Research Report), with a price ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/rbc-capital-reaffirms-their-buy-rating-on-otis-worldwide-otis-6?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/rbc-capital-reaffirms-their-buy-rating-on-otis-worldwide-otis-6?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["OTIS"],"gpt_icon":0},{"id":"2527144450","title":"Otis Worldwide Corp. Stock Rises Monday, Outperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2527144450","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527144450?lang=en_us&edition=fundamental","pubTime":"2025-04-15 04:52","pubTimestamp":1744663920,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Otis Worldwide Corp.  rallied 1.47% to $98.52 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index  rising 0.79% to 5,405.97 and the Dow Jones Industrial Average  rising 0.78% to 40,524.79.This was the stock's fourth consecutive day of gains.Otis Worldwide Corp. closed 7.78% below its 52-week high of $106.83, which the company reached on March 10th.Trading volume  remained 849,464 below its 50-day average volume of 2.6 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 14, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2526302657","title":"Kuen Cheng High School Earns 2nd Place in Otis' Asia Pacific Regional Made to Move Communities™ Challenge","url":"https://stock-news.laohu8.com/highlight/detail?id=2526302657","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526302657?lang=en_us&edition=fundamental","pubTime":"2025-04-10 14:00","pubTimestamp":1744264800,"startTime":"0","endTime":"0","summary":"School awarded US$15,000 grant to advance STEM programming. KUALA LUMPUR, Malaysia, April 10, 2025 /PRNewswire/ --A team of students fromKuen Cheng High School has been named runner-up in the Otis Asia Pacific region Made to Move Communitiesstudent challenge, a competition in which students apply principles of STEM  to propose solutions to real-world urban mobility issues.Over the last several months, the high school students, with the guidance of Otis volunteer mentors, designed solutions leveraging AI technology aimed at enabling more inclusive mobility in their communities, and presented their ideas to Otis judges from the company's Asia Pacific region. Otis  is the world's leading elevator and escalator manufacturing, installation and service company.Each year, the program focuses on a different theme that aligns with global priorities, such as sustainability, accessibility or technology. This year's theme had students incorporate Artifi","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/kuen-cheng-high-school-earns-060000009.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/kuen-cheng-high-school-earns-060000009.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4505","LU1506573853.SGD","LU2506951958.HKD","BK4532","IE0034235188.USD","LU0823417653.USD","IE00BLSP4452.SGD","LU0553294199.USD","LU0738911758.USD","LU0795875086.SGD","LU0949170772.SGD","LU2347655156.SGD","BK4585","LU0545039389.USD","IE00BBT3K403.USD","LU1732800096.USD","LU0795875169.SGD","BK4588","LU2506951875.HKD","OTIS","LU2506952170.USD","LU0011850046.USD","LU0348723411.USD","LU0823417737.USD","LU1732799900.SGD","BK4161","IE00BLSP4239.USD","LU0950375773.USD","LU0661504455.SGD","LU0912757837.SGD","LU2133065610.SGD","LU1718418525.SGD","LU2506952097.USD","LU1153585028.USD","LU1003077747.HKD","BK4561"],"gpt_icon":0},{"id":"2526635760","title":"Otis First Quarter 2025 Earnings Advisory","url":"https://stock-news.laohu8.com/highlight/detail?id=2526635760","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526635760?lang=en_us&edition=fundamental","pubTime":"2025-04-09 19:00","pubTimestamp":1744196400,"startTime":"0","endTime":"0","summary":"FARMINGTON, Conn., April 9, 2025 /PRNewswire/ --Otis Worldwide Corporation  will host a conference call on Wednesday, April 23, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's first quarter results and 2025 outlook.We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.comprior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations  for alternative dial-in information. Additional investor updates are also available on www.otis.com from time to time.Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Ot","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/otis-first-quarter-2025-earnings-110000784.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-first-quarter-2025-earnings-110000784.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OTIS"],"gpt_icon":0},{"id":"2526234258","title":"Otis Worldwide Corp. Stock Outperforms Market Despite Losses On The Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2526234258","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526234258?lang=en_us&edition=fundamental","pubTime":"2025-04-09 04:53","pubTimestamp":1744145580,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Otis Worldwide Corp.  slipped 1.17% to $90.88 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index  falling 1.57% to 4,982.77 and Dow Jones Industrial Average  falling 0.84% to 37,645.59.This was the stock's third consecutive day of losses.Otis Worldwide Corp. closed 14.93% short of its 52-week high of $106.83, which the company achieved on March 10th.Trading volume  eclipsed its 50-day average volume of 2.5 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2526845523","title":"Otis Worldwide Is Maintained at Neutral by JP Morgan","url":"https://stock-news.laohu8.com/highlight/detail?id=2526845523","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526845523?lang=en_us&edition=fundamental","pubTime":"2025-04-09 00:56","pubTimestamp":1744131360,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/OTIS/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2025 12:56 ET (16:56 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2526436098","title":"JPMorgan Adjusts Price Target on Otis Worldwide to $88 From $105, Keeps Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2526436098","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526436098?lang=en_us&edition=fundamental","pubTime":"2025-04-09 00:36","pubTimestamp":1744130192,"startTime":"0","endTime":"0","summary":"Otis Worldwide (OTIS) has an average rating of hold and mean price target of $102.25, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ba","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2525684758","title":"Otis Worldwide Corp. Stock Falls Friday, Underperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2525684758","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525684758?lang=en_us&edition=fundamental","pubTime":"2025-04-05 04:49","pubTimestamp":1743799740,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Otis Worldwide Corp.  slid 8.95% to $94.97 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 5.97% to 5,074.08 and Dow Jones Industrial Average  falling 5.50% to 38,314.86.Otis Worldwide Corp. closed 11.10% short of its 52-week high of $106.83, which the company achieved on March 10th.Trading volume  eclipsed its 50-day average volume of 2.4 M.Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2524327258","title":"Otis Worldwide Unit to Pay $1.7 Million to Settle Italian Competition Authority's Probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2524327258","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524327258?lang=en_us&edition=fundamental","pubTime":"2025-04-03 19:19","pubTimestamp":1743679196,"startTime":"0","endTime":"0","summary":"Otis Worldwide's  Otis Servizi unit has agreed to pay 1.5 million euros  to settle the Italian Competition Authority's investigation into the company, the regulator said Thursday.The investigation was opened in October in response to the installation of Otis One, which requires payments, on elevators without consent in some cases, as well as user complaints about delays in installation or repair services, the regulator said.Otis' payment will be issued to consumers in the form of refunds and/or compensation for service delays or complications, and the company has agreed to install paid accessories on lifts after obtaining express consent, the regulator said.Otis Worldwide did not immediately respond to MT Newswires' request for comment.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["IE00BLSP4452.SGD","BK4505","IE00BBT3K403.USD","IE0034235188.USD","BK4585","LU0912757837.SGD","LU0795875086.SGD","BK4161","LU2506952097.USD","LU0949170772.SGD","BK4588","LU0950375773.USD","BK4532","LU0545039389.USD","LU2133065610.SGD","LU2506952170.USD","LU0823417653.USD","LU2506951958.HKD","LU0823417737.USD","LU1506573853.SGD","LU1732800096.USD","OTIS","LU0738911758.USD","LU0348723411.USD","LU2506951875.HKD","LU1153585028.USD","IE00BLSP4239.USD","LU0011850046.USD","LU0661504455.SGD","BK4561","LU0795875169.SGD","LU2347655156.SGD","LU1718418525.SGD","LU0553294199.USD","LU1003077747.HKD","LU1732799900.SGD"],"gpt_icon":0},{"id":"2524308842","title":"Wolfe Research Adjusts Price Target on Otis Worldwide to $104 From $103, Keeps Underperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2524308842","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524308842?lang=en_us&edition=fundamental","pubTime":"2025-04-03 19:02","pubTimestamp":1743678167,"startTime":"0","endTime":"0","summary":"Otis Worldwide (OTIS) has an average rating of hold and mean price target of $102.83, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major ba","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["OTIS"],"gpt_icon":0},{"id":"2524412084","title":"Otis Worldwide (NYSE:OTIS) Expands Kaohsiung MRT Reach With 65 New Elevators And Escalators","url":"https://stock-news.laohu8.com/highlight/detail?id=2524412084","media":"Simply Wall St.","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524412084?lang=en_us&edition=fundamental","pubTime":"2025-04-03 01:32","pubTimestamp":1743615157,"startTime":"0","endTime":"0","summary":"Otis Worldwide recently announced its significant role in supplying advanced elevators and escalators for the Kaohsiung MRT Red Line extension, enhancing its presence in Taiwan's transportation sector. Over the last quarter, the company's stock rose by 12%, a movement possibly underpinned by solid financials, including an increase in sales and net income. Additionally, active measures like the ongoing share repurchase program and a consistent dividend strategy may have bolstered investor confidence. Despite the broader market experiencing volatility due to trade tariff uncertainties, Otis maintained a positive trajectory, signaling robust demand and operational resilience.Otis Worldwide has 3 warning signs  we think you should know about.NYSE:OTIS Earnings Per Share Growth as at Apr 2025. Recent developments have also played a role in Otis's performance. The company has aggressively pursued share repurchases, completing US$200 million worth in early 2025, enhancing shareholder returns.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-worldwide-nyse-otis-expands-173237344.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4532","LU2347655156.SGD","BK4230","LU2133065610.SGD","LU0738911758.USD","IE00BBT3K403.USD","LU2506952170.USD","LU0011850046.USD","LU0348723411.USD","LU0795875086.SGD","BK4561","LU1153585028.USD","MRT","NYSE","BK4505","LU1718418525.SGD","OTIS","LU2506951875.HKD","LU2506951958.HKD","BK4161","LU0553294199.USD","LU1506573853.SGD","BK4585","LU0661504455.SGD","LU0795875169.SGD","IE0034235188.USD","LU1003077747.HKD","LU1732800096.USD","LU0823417653.USD","LU0545039389.USD","LU0949170772.SGD","BK4588","IE00BLSP4452.SGD","LU0823417737.USD","IE00BLSP4239.USD","LU0950375773.USD","LU2506952097.USD","LU1732799900.SGD","LU0912757837.SGD"],"gpt_icon":0},{"id":"2524491838","title":"OTIS to Supply Elevators & Escalators for Kaohsiung's New Project","url":"https://stock-news.laohu8.com/highlight/detail?id=2524491838","media":"Zacks","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524491838?lang=en_us&edition=fundamental","pubTime":"2025-04-02 19:35","pubTimestamp":1743593700,"startTime":"0","endTime":"0","summary":"Otis Worldwide Corporation’s OTIS international presence and demand trends are encouraging for its prospects. Backed by its constant innovation investments and efficient service offerings, the company is gaining market share internationally. This trend can be substantiated by its recent project win in Taiwan.Recently, Otis Worldwide’s subsidiary, Otis Taiwan, announced a new project in Kaohsiung city, wherein it will supply 50 escalators and 15 Gen2 elevators to extend the Kaohsiung MRT Red Line RLC01. Noting the innovation aspect, OTIS’ Gen2 elevators, with coated steel belts, offer a smoother ride and consume comparatively less energy compared with conventional elevator machines.The Red Line RLC01 will expand with three stations, enhancing the city’s transportation network. This project is expected to be completed by 2030.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/otis-supply-elevators-escalators-kaohsiungs-113500313.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2065732104.USD","BK4129","LU1718418525.SGD","LU2506952097.USD","LU2506952170.USD","LU0795875169.SGD","LU2506951875.HKD","IE0034235188.USD","LU0795875086.SGD","LU0011850046.USD","BK4585","LU0950375773.USD","ROCK","LU2347655156.SGD","OTIS","LU0823417653.USD","BK4086","IE00BLSP4239.USD","LU1732799900.SGD","LU2506951958.HKD","BK4532","IE00BBT3K403.USD","LU0738911758.USD","LU0348723411.USD","LU1506573853.SGD","BK4505","LU0553294199.USD","BK4561","LU1003077747.HKD","LU0949170772.SGD","LU1732800096.USD","BK4588","EME","IE00BLSP4452.SGD","LU2133065610.SGD","BK4161","LU0545039389.USD","LU0661504455.SGD","LU0823417737.USD","LU0912757837.SGD","LU1153585028.USD","NX","LU0274383776.USD"],"gpt_icon":0},{"id":"2524875970","title":"Otis Worldwide Corp. Stock Rises Monday, Outperforms Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2524875970","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524875970?lang=en_us&edition=fundamental","pubTime":"2025-04-01 04:52","pubTimestamp":1743454320,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Otis Worldwide Corp.  rallied 1.07% to $103.20 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index  rising 0.55% to 5,611.85 and the Dow Jones Industrial Average  rising 1.00% to 42,001.76.Otis Worldwide Corp. closed 3.40% below its 52-week high of $106.83, which the company reached on March 10th.Trading volume  eclipsed its 50-day average volume of 2.3 M.Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2025.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["OTIS"],"gpt_icon":0},{"id":"2522524004","title":"GE Aerospace (NYSE:GE): Strongest Q4 Results from the General Industrial Machinery Group","url":"https://stock-news.laohu8.com/highlight/detail?id=2522524004","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522524004?lang=en_us&edition=fundamental","pubTime":"2025-03-28 17:05","pubTimestamp":1743152726,"startTime":"0","endTime":"0","summary":"Wrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including GE Aerospace  and its peers.Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings.The 14 general industrial machinery stocks we track reported a slower Q4. As a group, revenues beat analysts’ consensus estimates by 2.6% while next quarter’s revenue guidance was 2.5% below.Amidst this news, share prices of the companies have had a rough stretch. 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