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Raytheon Technologies Shares Drop After Disclosing US Criminal Probe

Raytheon Technologies, the parent of Pratt & Whitney, has taken a hit to its share price after disclosing a criminal probe related to financial accounting since 2009. The Hartford Courant reports The Mass-based company says it does not believe the results will have any effects on its operations, liquidity or finances. As of Wednesday, shares dropped by 7.4%.