Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first

Otis positions itself as a long-term growth stock, but shares are down due to setbacks in its elevator service business and ...
Hosted on MSN

$24 billion deal to create world’s largest elevator company

Finland’s Kone agreed to buy German rival TK Elevator for almost $24 billion in a deal that would create the world’s biggest elevator maker by sales. Under the deal, Kone will pay TK Elevator’s owners ...