CEO David Cote also reaffirmed the company's first quarter and full-year 2014 outlook in a CNBC interview ahead of the company's investor conference.» Read More
Companies making headlines before the bell Tuesday.
Dec 17- Honeywell International Inc, a maker of cockpit electronics and climate control systems, forecast 2014 sales slightly below analysts' expectations. "We expect 2014 to be another strong year for Honeywell with across-the-board growth in sales, margin, EPS, and free cash flow," Chief Executive Dave Cote said in a statement.
The U.S. manufacturing conglomerate expects sales of $40.3 billion- $40.7 billion in 2014. Analysts on average expected revenue of $41.1 billion, according to Thomson Reuters I/B/E/S.
Some of Friday's midday movers:
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.
Briand Greer, President, Asia Pacific at Honeywell Aerospace, the largest manufacturer of aircraft engines and avionics, explains why he's positive on Asian growth going forward.
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.
Just in time for Veterans Day, it turns out more vets find that their technical machinery skills are a neat fit at U.S. manufacturing plants.
Does the jobs report suggest the economy is kicking back into gear? Find out in the week ahead.
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: