Otis Worldwide Corp
81.92 - 83.6
60.57 - 92.58
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UK Market Closed higher yesterday, supported by gains in mining and energy sector stocks. Plus500 advanced 2.7%, after the trading platform announced that its annual revenue and earnings surpassed analysts’ expectations. Weir Group added 2.4%, after a top broker upgraded its rating on the stock to ‘Outperform’ from ‘Neutral’. HSBC Holdings rose 1.9%, after the lender reported stronger than expected profits in the third quarter and revealed plans for a share buyback. Bellway edged up 1.4%, following news that Chairman Paul Hampden Smith acquired 3,154 ordinary shares in the housebuilder. On the other hand, Petropavlovsk fell 1.5%, after the miner reported a drop in its gold production in the third quarter. ITV shed 1.1%, following reports that the company would acquire Channel 4. The FTSE 100 gained 0.3%, to close at 7,222.8, while the FTSE 250 marginally rose to end at 22,941.8. . Europe Market Also higher yesterday, amid strong corporate earnings reports.SSAB climbed 6.2%, after the steelmaker reported better than expected earnings in the third quarter. Exor advanced 5.8%, following reports that the company is in talks regarding the sale of PartnerRe to French mutual insurer, Covea. Banco de Sabadell added 2.8%, after the company announced rejected an offer from the Co-op for the British banking chain. Zooplus rose 0.7%, after Hellman & Friedman partnered with EQT Private Equity to launch an improved cash offer for the company valuing it at €3.7 billion. On the flipside, UniCredit fell 1.7%, after the bank and the Italian government put an end to talks over the sale of Monte dei Paschi di Siena. The FTSEurofirst 300 index gained 0.1%, to close at 1,829.0. Among other European markets, the German DAX Xetra 30 rose 0.4%, to close at 15,599.2, while the French CAC-40 dropped 0.3%, to settle at 6,712.9. . US Market Closed higher yesterday, ahead of quarterly earnings results from big technology companies. Tesla jumped 12.7%, following news that car rental firm Hertz placed an order for 100,000 electric vehicles to build out an EV rental fleet by the end of 2022. PayPal Holdings gained 2.7%, after the payments company scrapped its plans to buy Pinterest Inc for as much as $45 billion. On the other hand, Otis Worldwide dropped 4.4%, even though the company reported stronger than expected revenue and earnings in the third quarter. Whirlpool fell 2.4%, after a top broker downgraded its raring on the stock to ‘Underperform’ from ‘Sector Perform’. Kimberly-Clark shed 2.2%, after the company reported lower than expected earnings in the third quarter. The S&P 500 gained 0.5%, to settle at 4,566.5. The DJIA rose 0.2%, to settle at 35,741.2, while the NASDAQ advanced 0.9%, to close at 15,226.7. . Asia Market We’re trading mostly higher this morning, tracking overnight gains on Wall Street. In Japan, SCREEN Holdings and TDK have advanced 3.8% and 4.5%, respectively. Meanwhile, Toho and Nikon have dropped 0.6% and 3.4%, respectively. In Hong Kong, Alibaba Group Holding and Sino Biopharmaceutical have fallen 2.4% and 2.9%, respectively. Meanwhile, Li Ning and BYD have risen 1.6% and 3.6%, respectively. In South Korea, NK Mulsan and Jico have climbed 6.8% and 29.7%, respectively. Meanwhile, Choheung and Hitron Systems have declined 4.2% and 5.7%, respectively. The Nikkei 225 index is trading 1.7% higher at 29,100.6. The Hang Seng index is trading 0.4% down at 26,017.9, while the Kospi index is trading 0.6% higher at 3,038.8.
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UK Markets Closed mixed yesterday. Rolls-Royce Holdings climbed 3.9%, after a top broker raised its target price on the stock to 160.0p from 150.0p. Investec advanced 3.3%, as the wealth manager and banking group lifted its earnings outlook, after reporting strong revenue growth in the first half of the year. BP rose 0.3%. The company announced that it had to close some of its petrol stations, amid fuel supply issues. Hargreaves Lansdown added 0.3%, even though the investment company traded without an entitlement to the dividend. On the other hand, Harbour Energy dropped 6.4%, after the company reported a drop in its revenue and earnings in the first half of the year. Royal Mail shed 0.5%. The company announced that it expects to report a rise in its operating profits in the first half of the year. The FTSE 100 fell 0.1%, to close at 7,078.4, while the FTSE 250 advanced 0.2%, to end at 23,830.2. . European Markets Closed higher yesterday, amid optimism about economic growth and as concerns about Evergrande’s debt eased. Zardoya Otis surged 31.4%, following news that the US based, Otis Worldwide, would acquire a part of stake of the company for a consideration of €3.3 billion. Valeo climbed 8.4%, after the auto-supplies company’s interim earnings surpassed analysts’ forecast, and it backed its annual outlook. Faurecia advanced 6.7%, even though the car parts company lowered its financial targets in 2021, following a sharp reduction in the worldwide automotive production. Valneva jumped 5.7%, after the company announced that it was extending trials of Covid-19 vaccine and was in talks with the European Commission over a potential contract. The FTSEurofirst 300 index gained 0.9%, to close at 1,803.1. Among other European markets, the German DAX Xetra 30 rose 0.9%, to close at 15,644.0, while the French CAC-40 advanced 1.0%, to settle at 6,702.0 . US Markets Closed higher yesterday, following the Federal Reserve’s (Fed) stance on tapering stimulus and raising interest rates. BlackBerry jumped 10.9%, after the company reported better than expected revenue and earnings in the second quarter. Salesforce.com climbed 7.2%, after the software company lifted its revenue outlook for 2022. Darden Restaurants advanced 6.1%, after the company reported stronger than expected revenue and earnings in the first quarter. Liberty Global rose 4.0%, after a top broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. Roku added 3.0%, following a rating upgrade on the stock to ‘Buy’ from ‘Neutral’. Accenture edged 2.5% up, after the company reported better than expected revenue and earnings in the fourth quarter. The S&P 500 gained 1.2% to settle at 4,449.0. The DJIA rose 1.5% to settle at 34,764.8, while the NASDAQ advanced 1.0% to close at 15,052.2. . Asian Markets Were trading mostly lower this morning. In Japan, T&D Holdings and NEXON have advanced 4.6% and 5.7%, respectively. Meanwhile, Shin-Etsu Chemical and M3 have dropped 0.1% each. In Hong Kong, Longfor Group Holdings and CITIC have fallen 2.6% and 3.9%, respectively. Meanwhile, Geely Automobile Holdings and PetroChina have risen 1.1% and 1.9%, respectively. In South Korea, Kumho Electric and Jooyontech have declined 5.3% and 7.9%, respectively. Meanwhile, Cosmo AM&T and Shinwon have climbed 8.5% and 23.1%, respectively. The Nikkei 225 index is trading 1.9% higher at 30,200.9. The Hang Seng index is trading 0.1% down at 24,495.5, while the Kospi index is trading 0.1% lower at 3,125.7.
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"Call buyer looking to ascend in Otis Elevator"
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UK Markets Closed mixed yesterday, as gains in mining sector stocks were offset by losses in banking and energy sector stocks. Antofagasta advanced 4.1%, after a top broker upgraded its rating on the stock to ‘Hold’ from ‘Sell’. Ryanair Holdings added 4.0%, after the airline operator raised its annual traffic forecast, citing an increase in bookings in recent weeks. Beazley edged up 2.7%, after a broker upgraded its rating on the stock to ‘Buy’ from ‘Hold’. Cranswick rose 2.5%, after the food producer reported higher revenues in the first quarter. Carnival gained 1.9%, following reports that the cruise line operator began voyages from Seattle to Alaska. On the flipside, B&M European Value Retail dropped 2.4%, following a rating downgrade on the stock to ‘Sector Perform’ from ‘Outperform’. The FTSE100 marginally declined to close at 7,025.4, while the FTSE 250 rose 0.2%, to end at 22,933.2. . European Markets Closed mostly lower yesterday, following dismal German economic data and amid concerns over rising coronavirus cases. Prosus declined 8.8%, after Beijing intensified regulatory crackdown against internet giant, Tencent, in which Prosus owns a 28.9%stake. Faurecia dropped 5.7%. The company reported an increase in its sales in the first half of the year and upgraded its annual cash flow target for 2021. Koninklijke Philips fell4.2%, after the company reported a fall in its second quarter net profits and lowered its guidance. Onthe other hand, Credit Suisse Group rose 1.8%. The banking giant announced that it has reached an out of court settlement with its former wealth management executive over claims of spying. The FTSEurofirst 300 index slipped 0.1%, to settle at 1,777.0. The German DAX Xetra fell 0.3%, to settle at 15,619.0, while the French CAC-40 added0.1%, to close at 6,578.6. . US Markets Finished higher yesterday, ahead of the US Federal Reserve’s (Fed) monetary policy meeting. Hasbro surged 12.2%, after the company doubled its revenue in the second quarter. Six Flags Entertainment advanced 5.4%, after a broker upgraded its rating on the stock to ‘Outperform’ from ‘Neutral’. PerkinElmer added 4.7%, after the life sciences company agreed to acquire Bio-Legend for cash and stock consideration of $5.25 billion. Otis Worldwide edged up 0.6%, after the company reported better than expected second quarter revenue and earnings. On the other hand, Lockheed Martin dropped 3.3%, after the aerospace and defence contractor reported lower than expected earnings in the second quarter. Lowe’s fell 1.5%, after a top broker downgraded its rating on the stock to ‘Neutral’ from ‘Outperform’. The S&P 500 gained 0.2%, to settle at 4,422.3. The DJIA rose 0.2%, to settle at 35,144.3, while the NASDAQ marginally rose to close at 14,840.7. . Asian Markets Were trading mostly higher this morning, as investors await the outcome of Fed’s policy meeting. In Japan, JFE Holdings and Fujkura have advanced 3.0% and 4.7%, respectively. Meanwhile, M3 and Nitto Denko have dropped 0.8% and 2.4%, respectively. In Hong Kong, Anta Sports Products and Tencent Holdings have fallen 3.3% and 5.0%, respectively. Meanwhile, PetroChina and CITIC have risen 4.0% and 4.2%, respectively. In South Korea, Enex and Central Insight have climbed 11.3% and 18.3%, respectively. Meanwhile, UANGEL and Inbiogen have declined 5.9% and 6.5%, respectively. The Nikkei 225 index is trading 0.4% higher at 27,932.1. The Hang Seng index is trading 0.6% down at 26,028.9, while the Kospi index is trading 0.6% higher at 3,243.9. . Commodity Brent crude oil one month futures contract is trading 0.55% or $0.41 higher at $74.91 per barrel, ahead of the American Petroleum Institute’s weekly oil inventory data, scheduled to be released later today. Yesterday, the contract climbed 0.54% or $0.40, to settle at $74.50 per barrel, amid speculations that crude supply would be tight through the rest of the year. Gold futures contract is trading 0.16% or $2.90 higher at $1802.10 per ounce. Yesterday, the contract declined 0.14% or $2.60, to settle at $1799.20 per ounce, ahead of the US Fed monetary policy meeting. . Currency EUR is trading marginally higher against the USD at $1.1803. Investors await the US housing price index for May and the consumer confidence index for July, along with durable goods orders for June slated to release later today. Yesterday, the EUR strengthened 0.27% versus the USD, to close at $1.1803. On the data front, Germany’s current assessment index advanced less than expected in July, while the country’s business climate index unexpectedly fell in the same month. Additionally, the business expectations index dropped more than expected in July. In other economic news, the US new home sales unexpectedly fell to a 14-month low in June, while the nation’s Dallas Fed manufacturing business index dropped in July. GBP is trading marginally higher against the USD at $1.3824. Yesterday, the GBP strengthened 0.51% versus the USD, to close at $1.3818, following a drop in Covid-19 cases in Britain. . Bitcoin BTC is trading 2.69% lower against the USD at $36737.04. Yesterday, BTC advanced 16.16% against the USD to close at $37751.68. In a key development, blockchain based platform, Socios announced that it has joined forces with the National Basketball Association’s Cleveland Cavaliers to enhance fan engagement for fans of the Cavaliers across the world. In another development, South Korean legislators announced that it would revise tax codes to allow tax authorities to confiscate tax evaders’ crypto assets directly from their wallets. . Economic News German IFO business climate index unexpectedly dropped in July In Germany, the IFO business climate index fell to 100.80 in July, compared to a revised reading of 101.70 in the previous month. Markets were expecting the index to rise to a level of 102.10. . German IFO current assessment index climbed less than expected in July In Germany, the IFO current assessment index advanced to 100.40 in July, compared to a revised level of 99.70 in the prior month. Markets were expecting the index to advance to 101.60. . German IFO business expectations index fell more than expected in July In Germany, the IFO business expectations index dropped to 101.20 in July, compared to a revised level of 103.70 in the previous month. Markets were expecting the index to drop to 103.30. . US new home sales unexpectedly dropped in June In the US, new home sales fell 6.60% on a MoM basis in June, compared to a revised drop of 7.80% in the prior month. Markets were expecting new home sales to record an advance of 3.50%. . US Dallas Fed manufacturing business index fell in July In the US, the manufacturing business index declined to a level of 27.30 in July, compared to a reading of 31.10 in the previous month.
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@DarkPoolAlgo #Dark Pool Charts
Monday, July 26, 2021 Futures Up/Down % Last Dow -112.00 0.32% 34,839 S&P 500 -10.25 0.23% 4,393 Nasdaq -20.50 0.14% 15,077 Stocks are pulling back after another record high for stocks on Friday as markets ready for the biggest week of quarterly earnings (about 1/3 of the S&P 500 report this week) including mega-cap giants including Apple, Amazon, Facebook, Microsoft, Alphabet, Tesla, and Boeing among them. Sentiment was hurt by China’s widening crackdown of the technology sector and a statement from Beijing that the U.S.-China relationship was “now in a stalemate and faces serious difficulties” as high-level talks began. The comment sunk Asian markets as The Nikkei Index rose 285 points to 27,833, but the Shanghai Index tumbled -82 points to 3,467 and the Hang Seng Index plunged -1,129 points (or 4.13%) to settle at 26,192. In Europe, the German DAX is down over -60 points to 15,600, while the FTSE 100 dips about -0.25% to hold just above the 7,000 level. The yield on the benchmark 10-year Treasury fell to 1.246% as investors awaited the Federal Reserve’s outlook. The FOMC 2-day meeting begins Tuesday and ends Wednesday with a policy statement/press conference from Fed Chairman Jerome Powell. Stock averages posted strong returns last week as the S&P 500 rose 1.96%, the Dow rose 1.08%, and the Nasdaq added 2.84% in a big comeback (and then some) as the major indices rode a rally back into record territory, posting four-straight up days after a big selloff to start the week. The S&P, Nasdaq and Dow closed at all-time highs to make it four winning weeks out of five with the Dow ending above 35,000. It took 69 trading days to go from 34k to 35k, which is the longest since 29k to 30k took 218 days. The 10-year Treasury yield also had a big comeback, but ended the week around 1.29%, just below where it was last Friday (it had dropped to as low on 1.12% on Tuesday). Bitcoin prices rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its sixth consecutive day of gains, to above $38K. Bitcoin traded above the technical level after comments from Ark Investment Management LLC’s Cathie Wood and Tesla Inc. Chief Executive Officer Elon Musk helped boost its momentum. Prices took off yesterday after London’s City A.M. newspaper said Amazon ($AMZN) is looking to accept bitcoin payments by year-end – the story is boosting shares of Bitcoin miners, banks etc.: $SI, $MARA, $RIOT, $MSTR, $COIN. Market Closing Prices Yesterday The S&P 500 Index gained 44.31 points, or 1.01%, to 4,411.79 The Dow Jones Industrial Average rose 238.20 points, or 0.68%, to 35,061.55 The Nasdaq Composite surged 152.39 points, or 1.04%, to 14,836.99 The Russell 2000 Index advanced 10.17 points, or 0.46% to 2,209.65 Events Calendar for Today 10:00 AM ET New Home Sales MoM for June 10:30 AM ET Dallas Fed Manufacturing for July Earnings Calendar: Earnings Before the Open: $ARLP, $BOH, $CBU, $HAS, $LII, $LMT, $OTIS, $PETS, $RPM Earnings After the Close: $ACC, $ADC, $AGNC, $AGRX, $AMKR, $AMP, $ARE, $ARI, AXTA, $BDN, $BRO, $CALX, $CATY, $CDNS, $CR, $FFIV, FRME, $FSTX, $HLX, $HMST, $HSII, $HTLF, $HXL, $IRT, $JJSF, KREF, MEDP, MEDS, $NBTB, $PKG, $RBB, $RRC, $SSD, $SUI, $TBI, $TNET, $TSLA, $UHS Other Key Events: Alzheimer’s Association International Conference (AAIC) 2021 (virtual), 7/26-7/30 Society of Cataract & Refractive Surgery, 7/23-7/27, in Las Vegas Macro Up/Down Last Nymex -0.56 71.51 Brent -0.48 73.62 Gold 6.30 1,808.45 EUR/USD 0.0023 1.1794 JPY/USD -0.28 110.27 10-Year Note -0.04 1.245% World News Germany July IFO climate8 vs 102.1 cons; Expectations 101.2 vs 103.3 consensus; Assessment 100.4 vs 101.5 consensus; German IFO: Supply problems are weighing on economy in both industry & retail; majority of firms complain of materials shortage and “massive” price increases; industry says it is short of production targets Sector News Breakdown Consumer Hasbro ($HAS) Q2 adj EPS $1.05 vs. est. $0.48; Q2 revs $1.32B vs. est. $ 1.17B Travel and leisure stocks rallied in the initial reopening stage of the pandemic, but the surge has fizzled with the spread of the delta variant. Barron’s identifies six stocks that can be bargains during the next leg of the reopening. Hilton ($HLT), Host Hotels & Resorts ($HST), MGM Growth Properties ($MGP), Royal Caribbean ($RCL), Travel + Leisure ($TNL), and Wyndham Hotels & Resorts ($WH) have some attributes to withstand uncertain stretches amid the rise in Covid variant, according to Barron’s China confirmed that the country is banning for-profit school tutoring companies after a report on the possible move sent shares of tutoring firms TAL Education ($TAL), New Oriental ($EDU) and Gaotu Techu ($GOTU) plunging on Friday. Companies that teach school subjects can no longer accept overseas investments, according to a Bloomberg report, which cited a notice from China’s State Council. Listed firms can no longer raise capital through stock markets Airbnb ($ABNB) CEO told Barron’s that the industry still has room to grow despite the delta variant. The pandemic has opened up a whole new business, such as monthly rentals, as people work from new places. He expects longer stays to be the bread and butter at some point TripAdvisor ($TRIP) is the cheapest online travel stock to buy according to Barron’s saying while it has struggled to make the most of its hundreds of millions of users, that could soon change as the company has started a new travel subscription service that offers discounted hotel rates and other benefits; shares now around $36, look inexpensive, having fallen from a March peak of $65 Amazon ($AMZN) is said to be looking to accept bitcoin payments by the end of the year and its exploring its own token for next year. Amazon has been working on the plan since 2019, according to a City A.M. report, which cites an unidentified insider General Motors ($GM) and its Cruise robo-taxi subsidiary have filed a lawsuit to stop Ford Motor ($F) from using the name “BlueCruise” to market its hands-free driving technology Energy, Industrials and Materials RBC Bearings ($ROLL) is in advanced talks to buy ABB Ltd.’s ($ABB) mechanical power transmission business, for between $2.5 billion and $3 billion Bloomberg reported this weekend Lithium Americas ($LAC) rises after a U.S. federal judge ruled that LAC may conduct excavation work at its Thacker Pass lithium mine site in Nevada, which could become one of the country’s biggest lithium mines producing 30,000 tonnes Otis Worldwide ($OTIS) Q2 adj EPS 79c vs. est. 71c; Q2 revs $3.7B vs. est. $3.45B; Q2 new equipment orders were up 23.9% and backlog was up 10%; raises FY21 adjusted EPS view to $2.89-$2.93 from $2.78-$2.84 (est. $2.87) and boosts FY21 revs view to $14.1B-$14.2B from $13.6B-$13.9B Canada’s Unifor union says ~900 workers have gone on strike at Rio Tinto’s ($RIO) Kitimat aluminum smelting plant and Kemano power generating facility in British Columbia over labor contracts with the company Seadrill ($SDRLF) said it entered into agreements with creditors to raise $350 million in new financing and reduce its liabilities by over $4.9 billion Financials Robinhood ($HOOD) IPO coming soon, and Barron’s cautious on shares; notes Robinhood is a truly transformational company, but its problem is the quality and sustainability of its revenue, notes is also highly dependent on cryptocurrency trading, another area under close review by the SEC KeyCorp ($KEY), M&T Bank ($MTB) among bank stocks with yields above 3%, according to Barron’s noting this year’s rally in bank stocks appears to have slowed to a sputter, but investors should stick around given banks’ reliable dividends Healthcare Bristol Myers ($BMY) decided to voluntarily withdraw the indication for Opdivo as a single agent for patients with hepatocellular carcinoma Incyte Corporation ($INCY) said the FDA issued a Complete Response Letter regarding its Biologics License Application (BLA) for retifanlimab, an intravenous PD-1 inhibitor, for the treatment of adult patients with locally advanced or metastatic squamous cell carcinoma of the anal canal (SCAC) who have progressed on, or who are intolerant of, platinum-based chemotherapy. Genetron Holdings ($GTH) announces that its Ayvakit (avapritinib) companion diagnostic (CDx) kit, developed in partnership with CStone Pharmaceuticals has entered the priority review and approval process in China. PerkinElmer, Inc. ($PKI) entered into an agreement to acquire BioLegend, a leading, global provider of life science antibodies and reagents, for approximately $5.25 billion in a combination of cash and stock, subject to certain adjustments Tonix Pharmaceuticals ($TNXP) said it will stop enrollment in the Phase 3 Rally study of TNX-102 SL 5.6 mg for the management of fibromyalgia, sending shares lower by over 30% Technology, Media & Telecom Tencent Music ($TME) shares fall -14% after Chinese regulators ordered the company to give up exclusive music streaming rights and pay half a million yuan in fines Check Point ($CHKP) Q2 EPS $1.61 vs., est. $1.56; Q2 revs $526.1M vs. est. $523.7M Consumer spending on videogames in the second quarter eked out a 2% gain against very tough pandemic comps, as data from NPD Group’s Q2 2021 Games Market Dynamics report show overall spending hit $14B for the April-June quarter, with gains across PC, cloud and non-console VR content, mobile and subscription spending as well as hardware.
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that dip is also due to spinning off OTIS and CARR btw > @sakoku said:
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US Market Also closed mostly higher yesterday, amid upbeat quarterly corporate earnings reports in the US. Casper Sleep jumped 27.1%, after a top broker upgraded its rating on the stock to ‘Outperform’ from ‘Neutral’. Otis Worldwide climbed 7.0%, after the company’s first quarter revenue and earnings came in above analysts’ forecast and as it raised its annual outlook. Flagstar Bancorp advanced 6.5%, following news that the New York Community Bank would acquire the lender in an all-stock deal valued at about $2.6 billion. Apple rose 0.3%, after the tech giant announced new investments of $430.0 billion to expand its presence in the US and create 20,000 new jobs across the country. On the contrary, Best Buy slid 0.6%, following a rating downgrade on the stock to ‘Neutral’ from ‘Buy’. The S&P 500 gained 0.2%, to settle at 4,187.6. The DJIA fell 0.2%, to settle at 33,981.6, while the NASDAQ added 0.9%, to close at 14,138.8. .
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US Market US closed higher yesterday, supported by gains in technology and mining sector stocks. International Flavors & Fragrances jumped 15.8%, following news that it is completing its previously announced merger with DuPont’s nutrition and biosciences business. Tesla climbed 5.8%, after a top broker raised its target price on the stock to $1,200.0 per share from $515.0 per share. Thermo Fisher Scientific rose 1.1%, as the company’s fourth quarter revenue and earnings came in above analysts’ forecast. On the flipside, Stitch Fix declined 11.0%, after a top broker downgraded its rating on the stock to ‘Hold’ from ‘Buy’. Moderna dropped 9.1%. Reports emerged that the company is seeking permission from the US Food and Drug Administration to increase the number of Covid vaccine doses. Otis Worldwide eased 0.2%, despite reporting upbeat results in the fourth quarter. The S&P 500 gained 1.6%, to settle at 3,773.9. The DJIA rose 0.8%, to settle at 30,211.9, while the NASDAQ added 2.5%, to close at 13,403.4. .
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both otis and carr look nice in darkpool
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yo hice un par de trades en OTIS hace ratos, me gusta pero le falta todavia
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Next Dividend Date
Otis Worldwide Corporation gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, Otis moves 2 billion people a day and maintain more than 2 million customer units worldwide - the industry's largest Service portfolio. Otis is present in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 40,000 field professionals, all committed to meeting the diverse needs of its customers and passengers in more than 200 countries and territories.
HQ: One Carrier Place Farmington, 06032 Connecticut