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The past few years have been very good for United Technologies. The contractor does billions of dollars a year in business with the federal government. CEO Gregory Hayes pulled down nearly $10 million in 2014, and over $20 million the year before. On Thursday, the company reported $7.6 billion in profits, up from $6.2 billion the year before, and $5.7 billion the year before that. In October, United Technologies even expanded its stock buyback program to $12 billion. By spending the company's own money on it' stock, it elevates the value of its share prices. It was so flush with cash... [Read More]
ADVERTISMENT
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ADVERTISMENT
ADVERTISMENT