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
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.
Talking Squawk looks at our big interviews with Daryl from "The Walking Dead", Jack Welch, Jim Chanos and T. Boone Pickens. Plus, we debate the merits of megayachts versus kayaks.
DETROIT, Oct 7- The use of turbo chargers to boost power in smaller automotive engines is expected to increase rapidly over the next five years, with the greatest growth anticipated in China, according to Honeywell International Inc, a major player in the sector.
*Groups like Club for Growth gain prominence with GOP. As the shutdown of the government approaches its third day, business leaders and groups like the U.S. Chamber of Commerce are worried about the economic implications of a standoff over the debt limit, but their pleas have not moved the Republican leadership in the House of Representatives to action.
SINGAPORE/ BEIJING, Oct 3- China's largest domestically produced aircraft may not enter service until early next decade, a delay that gives dominant rivals Boeing Co and Airbus time to launch their upgraded single-aisle planes first.
"This time, everybody's very laid back on it," Oppenheimer's John Stoltzfus says.
*Pentagon says 78 percent of issues raised already addressed. WASHINGTON, Sept 30- Lockheed Martin Corp has resolved many quality problems on the $392 billion F-35 fighter jet program since a troubling audit by the Pentagon inspector general's office last year, top U.S. government and industry officials said on Monday.
Fed developments suggest cyclical stocks are buys? Yet other developments suggest they're not. Now what?
Though investors should be generally cautious, several stand-out stocks are likely to go much higher, said CNBC's Jim Cramer.
**APPLE INC, Tuesday close $455.32, up 1 pct premarket. The fingerprint reader on Apple's top-end iPhone 5 S received an early thumbs up for ease of use from two influential reviewers, helping dispel concerns about the scanning technology which has been notoriously unreliable in other cellphones. **FEDEX CORP, Tuesday close $110.68, up 2.2 pct premarket.
**ADOBE SYSTEMS INC, Tuesday close $48.14, up 6 pct after market. **FIVE BELOW INC, Tuesday close $48.5, down 2 pct after market. The company said shareholders have agreed to sell 7.1 million shares of its common stock, of which 7 million shares would be sold by funds affiliated with Advent International and 100,000 shares will be sold by Five Below's executive chairman.
Are governments trying to shake down sharing economy start-ups like Airbnb over lost tax revenue?