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Honeywell International Inc

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  • BRUSSELS, June 27- General Electric will seek to convince doubtful EU antitrust regulators of the merits of its 12.4 billion euro bid for Alstom's power unit at a hearing, the U.S. conglomerate said on Saturday. The move came after the European Commission warned the company earlier this month that the deal, its biggest ever and a key element of its expansion into...

  • BRUSSELS, June 11- General Electric Co may need to offer bigger concessions to win European Union approval for its purchase of Alstom SA's power unit as regulators plan to warn the U.S. company that the deal would harm competition, two people familiar with the matter said on Thursday. GE's planned 12.4 billion euro purchase of Alstom's power equipment business,...

  • MONTREAL/ TORONTO, May 14- Bombardier Inc said Thursday it plans to cut 1,750 jobs in its business-jet division, about 15 percent of jobs in that unit, due to weaker demand, in the latest setback for the Canadian train and aircraft maker. "Economic conditions and geopolitical issues in some market regions, such as Latin America, China and Russia, have impacted order...

  • SINGAPORE, May 13- The maiden flight of China's only homegrown commercial jet, the Comac C919, is behind schedule and delivery could be pushed back as much as two years, sources familiar with the programme said, dealing a blow to its push to challenge Airbus and Boeing. China has high hopes for the C919 in the lucrative narrow-body market which accounts for more than...

  • SINGAPORE, May 13- The maiden flight of China's Comac C919 commercial jet is behind schedule and its delivery could be pushed back as much as two years, sources familiar with the programme said, dimming its hopes of challenging Airbus and Boeing. The final assembly of the first aircraft is taking longer than expected at the production facility in Shanghai, said...

  • NEW YORK, May 11- It wasn't long ago that politics, like religious orientation or sexual preference, was a taboo topic in the American workplace. The Washington trade group, which has offices across the street from the White House, helps firms such as Wal-Mart, Halliburton and Lockheed Martin mobilize employees on policy issues important to the companies.

  • BRUSSELS, May 4- General Electric's CEO will meet the European antitrust chief on Tuesday, according to a person familiar with the matter, as the EU investigates the U.S. company's 12.4- billion-euro bid for an Alstom business. GE is seeking to convince the Commission to approve its proposal to buy French company Alstom's power equipment business, without...

  • April 23- For two years, 3 M Co has been among the best bets in industrial stocks, with analysts swooning over its financial performance and desire to return cash to shareholders. St Paul, Minnesota- based 3 M generates more than 60 percent of its sales outside the United States. Excluding currency swings, 3 M's revenue growth of 3.3 percent trailed some analysts'...

  • April 23- U.S. manufacturer 3 M Co posted a 0.7 percent decline in quarterly net income on Thursday and cut its full-year profit forecast as the strong dollar bites into sales more than it previously projected. 3 M shares, which have outperformed industrial rivals since 2014, fell 3.3 percent to $159.24 in morning trading on the New York Stock Exchange.

  • US stocks could lose this 'crutch': Boockvar Monday, 20 Apr 2015 | 8:46 AM ET
    Traders work on the floor of the New York Stock Exchange, Feb. 20, 2015.

    The Federal Reserve has removed one crutch for stocks and left another in place, Peter Boockvar tells CNBC. Earnings are now the variable to watch.

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Equities lost ground after industrials Honeywell International and General Electric took hits from the strong dollar, while concerns over new trading regulations in China and Greece's place in the euro zone dented sentiment. "Our markets will get kind of quiet again as we wait for some of those earnings and what is going to happen on the 24th with Greece," said...

  • *GE, Honeywell blame strong dollar for lower revenue. April 17- The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings. Both Honeywell International and General Electric blamed the strong dollar...

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Traders work the floor of the New York Stock Exchange.

    U.S. stocks closed sharply lower, following negative news that sent overseas stocks lower, as investors looked ahead to a heavy week of earnings.

  • *GE, Honeywell blame strong dollar for lower revenue. April 17- U.S. stocks fell on Friday afternoon, putting the S&P 500 on track for its biggest daily percentage loss since March 25, as concerns over regulations in China, Greece's debt negotiations and disappointing earnings weighed on sentiment. Both Honeywell International and General Electric blamed the...

  • US STOCKS-Wall St slumps, hit by weak earnings, China Friday, 17 Apr 2015 | 10:24 AM ET

    *China action deepens worry of short-selling. April 17- Wall Street opened sharply lower on Friday, with the major indexes falling one percent or more, on investor concerns over a clampdown on margin trading in China and a number of disappointing earnings reports from U.S. corporations. Shares of Honeywell International shares dropped 2 percent to $101.53...

  • Grexit fears in Europe cause flight to safety Friday, 17 Apr 2015 | 10:22 AM ET
    Traders on the floor of the New York Stock Exchange.

    Investors piled into safe harbors as fears rose over a Greek exit on Friday, sending bond yields tumbling.

  • *China action deepens worry of short-selling. April 17- U.S. stock index futures pointed to a lower opening on Friday on investor concerns over reports of a regulatory clampdown on trading in China, a move that potentially would be negative for a recently flow of money into Chinese exchanges. "There restrictions on short selling have been lifted in China and when...

  • U.S. stock index futures pointed to a lower open on Wall Street on Friday, as investors eyed declines in overseas markets and looked at inflation data that could influence Federal Reserve policy on interest rates.