Wednesday, 4 Nov 2009 | Source: The Associated Press
A Honeywell subsidiary on Wednesday signed an agreement with China National Petroleum Corp. to work on developing a range of biofuel technologies and projects in China.
Thursday, 29 Oct 2009 | Source: The Associated Press
A man who made clandestine video recordings used to discredit Ecuador in a $27 billion oil contamination lawsuit is a convicted felon with a history of legal troubles, The Associated Press has learned.
Tech stocks shot out of the gate Friday after Microsoft and Amazon blew past earnings expectations. The Dow was up a few points at the start but the tech-heavy Nasdaq jumped 1 percent as Microsoft gained 10 percent and Amazon soared 20 percent.
A late Thursday rally puts Wall Street on pace to chalk up its third consecutive week of gains, but as always, the positive momentum is subject to the whims of earnings and economic numbers once again this morning.
The United States will have an "unusual" economic recovery, with sharp growth in the third quarter, but overall a modest bounce back in 2010, former Honeywell chief executive Larry Bossidy told CNBC Friday.
Stocks eked out a gain Monday as banks got a boost from a jump in new-home sales. Stocks had struggled for much of the day as investors worried about a a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Stocks got a quick pop Monday after a sharp jump in new home sales, but quickly resumed their decline as lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Diversified technology and manufacturing group Honeywell reported a quarterly profit in line with consensus expectations Monday, saying it was anticipating continued tough economic conditions.
As US corporations continue to report better than expected earnings for Q3, it's hard not to be upbeat and positive on the outlook for the stock market... Read More