Filmmaker M. Night Shyamalan told CNBC about his ambitious higher learning project. We also look at the new Ford Mustang and the Ron Burgundy effect at Chrysler in Talking Squawk.» Read More
Eight of the most active business PACs wrote checks totaling $84,750 to 56 Republicans in the Senate and the House of Representatives after they voted against an Oct. 16 deal to re-open the government that had been shut down since Oct. 1 and avert an imminent debt default, according to a Reuters analysis.
NEW YORK/ LONDON, Nov 22- U.S. bank Goldman Sachs Group Inc has put its uranium trading business up for sale, a source familiar with the matter said on Friday, the latest sign that Wall Street's most storied commodity trader is paring back parts of the business.
NEW YORK, Nov 21- The U.S. corporate tax rate should be lowered to encourage competitiveness with rivals around the globe, the chief executive of conglomerate Honeywell said on Thursday, days after a U.S. senator proposed sweeping changes to the tax code.
NORWALK, Conn., Nov 15- General Electric Co will spin off its credit card business next year into a separately traded company as it tries to reduce its exposure to unpredictable financial businesses and return to its manufacturing roots. At one time, the GE Capital unit, which houses the company's financial operations, contributed nearly half of GE's total profit.
Cramer’s proprietary research suggests 3 stocks could be among the big winners in the year ahead.
LOS ANGELES, Oct 23- Shareholder activists come in different flavors. One is the deep-pocketed investor, such as Carl Icahn or Dan Loeb, who takes big stakes in companies and forces management to change strategy.
"Mad Money" host Jim Cramer outlines three catalysts for the stock market.
Bombardier and other jet makers are hoping, and cautiously optimistic that their industry will finally turn the corner in 2013.
Honeywell CEO Dave Cote says analyst expectations for Q3 were a little high, and performed as the company expected. He discusses aerospace unit sales, and the impact from the government shutdown on the company.
NEW YORK, Oct 21- Sales of business jets are expected reach $18.4 billion this year, up about 8 percent from last year, a sign of further economic strengthening despite some pockets of weakness notably in Asia, according to a forecast by Honeywell Aerospace.
This is a big week for earnings, but there are some encouraging signs that both earnings and guidance are not going to be as disappointing as feared.
Take a look at some of Friday's midday movers:
Oct 18- Honeywell International Inc on Friday reported lower-than-expected quarterly revenue, due in part to supply problems at its defense unit, and the U.S. manufacturing conglomerate cut its full-year sales forecast.
Oct 18- Honeywell International Inc on Friday posted lower-than-expected quarterly revenue on weakness at its defense unit, and the U.S. manufacturing conglomerate cut its full-year sales forecast. Shares of Honeywell, which also makes cockpit electronics and systems to manage the climate and security of large buildings, fell nearly 3 percent.
A lot of traders are eager to see the market drop three to five percent so they can buy lower going into the end of the year. However, so far, so far that's been wrong.
Oct 18- U.S. manufacturing conglomerate Honeywell International Inc posted lower-than-expected quarterly revenue and cut its full-year sales forecast on Friday, citing delays in closing sales to some customers. Honeywell has been working to increase productivity and cut costs in the past year, part of a wide-ranging plan to improve results.
Honeywell reported a 4 percent increase in quarterly profit on Friday, with its results undermined by lower defense and space sales.
Oct 18- Honeywell International Inc, which makes airplane cockpit parts and a host of other electronics and equipment, reported a 4 percent increase in quarterly profit on Friday. The company posted third-quarter net income of $990 million, or $1.24 per share, compared with $950 million, or $1.20 per share, a year earlier. Revenue rose 3 percent to $9.65 billion.
The "Fast Money" traders share their final trades of the day.
As lawmakers dither, trading phone calls, insults and the occasional calls for cooperation, they are putting corporate America in limbo.