CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded United Technologies Corporation's (UTC; NYSE: UTX) long term Issuer Default Rating (IDR) and long-term debt ratings to 'A-' from 'A'. Fitch has also downgraded UTC's short-term IDR and commercial paper ratings to 'F2' from 'F1'. The Rating Outlook is Stable. A detailed list of rating actions follows at the end of this release. KEY RATING DRIVERS The downgrade of UTC's ratings reflects the company's aggressive cash deployment for share repur
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