-
Earnings Season Starts With Beat From Citigroup; Other Banks, Netflix Report Later In Week
Monday, July 15, 2019 - 9:24am | 2862Earnings season shifted into first gear Monday as Citigroup Inc (NYSE: C) posted better than expected results and saw shares rise in pre-market trading. A host of bank earnings take aim at Wall Street over the next few days, but this looks like a nice way to start the journey. Citigroup’...
-
Barron's Picks And Pans: Citigroup, Honeywell, Twitter And More
Sunday, July 30, 2017 - 3:34pm | 679This weekend's Barron's offers a look at a financial giant that has laid out some ambitious goals. Other featured articles discuss an industrial giant with a new chief executive and a specialty retailer that is turning things around. The prospects for a pair of social media giants...
-
Honeywell Will Spin Off Resins And Chemicals Business Into A New Standalone And Publicly Traded Company
Thursday, May 12, 2016 - 8:59am | 289Honeywell International Inc. (NYSE: HON) announced on Thursday it plans on separating its Resins and Chemicals business to shareholders. Honeywell noted its two segments will be spun-off into a new standalone and publicly-traded company named AdvanSix Inc. The company expects the transaction to...
-
Honeywell Reaffirms 2016 Outlook, Offers 2017 Targets
Wednesday, March 2, 2016 - 10:45am | 303Honeywell International Inc. (NYSE: HON) hosted an Investor Day conference on Wednesday and reaffirmed its first quarter and full-year 2016 guidance in addition to announcing 2017 targets. Honeywell reaffirmed its first quarter earnings per share guidance of $1.48 to $1.53 and full-year earnings...
-
Honeywell Confirms It Will No Longer Pursue A Combination With United Technologies
Tuesday, March 1, 2016 - 2:47pm | 272Wall Street analysts and investors who were scrambling to evaluate what a potential Honeywell International Inc. (NYSE: HON) - United Technologies Corporation (NYSE: UTX) would look like can now stop doing so. Honeywell confirmed in a press release on Tuesday that it is no longer pursuing a...
-
United Technologies CEO: Honeywell Combo Would Be Blocked, Destructive To Shareholder Value
Friday, February 26, 2016 - 2:34pm | 462Honeywell International Inc. (NYSE: HON) confirmed on Friday that it discussed a potential combination with United Technologies Corporation (NYSE: UTX)'s management. United Technologies CEO Gregory Hayes followed up with a letter of his own. The executive began by stating that it evaluates...
-
Honeywell Says It Was In Talks With United Technologies For $108 Per Share Takeover
Friday, February 26, 2016 - 9:33am | 244Honeywell International Inc. (NYSE: HON) confirmed in a press release on Friday that it shared a presentation with United Technologies Corporation (NYSE: UTX), which detailed a proposed $108 per share takeover. An identical copy of the presentation, titled "HON And UTX: A Unique And Compelling...
-
United Technologies CEO Comments On Honeywell Merger Rumors, Says 'Ain't Going To Happen'
Tuesday, February 23, 2016 - 1:49pm | 191Investors and traders were scrambling on Tuesday to find any truth to media reports that suggested a merger between United Technologies Corporation (NYSE: UTX) and Honeywell International Inc. (NYSE: HON) The Wall Street Journal reported that United Technologies' CEO Gregory Haye shot down...
-
Honeywell Announces Acquisition Of A Global Leading Smoke Detection Company
Friday, February 5, 2016 - 9:22am | 268Honeywell International Inc. (NYSE: HON) announced late Thursday afternoon that it has agreed to acquire Xtralis, a leading provider of aspirating smoke detection, advanced perimeter security technologies and video analytic software. Xtralis' smoke detection solutions are used in data centers,...
-
Honeywell International Reports In-Line Q4, Shares Tick Higher
Friday, January 29, 2016 - 9:25am | 278Shares of Honeywell International Inc. (NYSE: HON) were trading higher by 1.9 percent at $99.80 heading into Friday's opening bell after the company reported its fourth quarter results. Honeywell International earned $1.58 per share on revenue of $9.98 billion - matching Wall Street's...
-
William Blair: GE Data Analytics Is 'The Next Big Thing'
Friday, July 17, 2015 - 12:55pm | 400General Electric Company (NYSE: GE) reported better than expected second-quarter earnings earlier on Friday and also upped its earnings guidance for industrials business to $1.13–1.20 from an earlier $1.10–1.20. Nick Heyman, William Blair analyst, was on CNBC to discuss how GE...
-
Barron's Recap: Why Honeywell Is Better Than GE
Sunday, May 10, 2015 - 10:22am | 868This weekend in Barron's online: a look at Honeywell, the Barron's ETF roundtable, highlights from the Sohn Investment conference, as well as the prospects for Signature Group, McDonald's and more. Cover Story "Honeywell: It Is Better Than GE" by Sandra Ward. Honeywell International Inc. (NYSE: HON...
-
Check Out 3D Systems' Newest Acquisition
Tuesday, April 7, 2015 - 9:05am | 2713D Systems Corporation (NYSE: DDD) announced on Monday that it acquired Easyway Design and Manufacture Co. in China. According to a press release, Easyway is a 3D printing sales and service provider with operations in Shanghai, Wuxi, Beijing, Guangdong and Chongqing. "The firm brings 3D...
-
TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 3:43pm | 2830U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
-
Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 3:46pm | 2931U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...