Edition:
India

Honeywell International Inc (HON.N)

HON.N on New York Stock Exchange

166.68USD
24 May 2019
Change (% chg)

$0.24 (+0.14%)
Prev Close
$166.44
Open
$167.75
Day's High
$167.86
Day's Low
$166.54
Volume
452,793
Avg. Vol
754,643
52-wk High
$174.00
52-wk Low
$123.52

Latest Key Developments (Source: Significant Developments)

Honeywell Reaffirms FY EPS View $7.90 TO $8.15
Tuesday, 14 May 2019 

May 14 (Reuters) - Honeywell International Inc ::HONEYWELL HOSTS 2019 INVESTOR CONFERENCE, REAFFIRMS SECOND-QUARTER AND FULL-YEAR 2019 OUTLOOK.REAFFIRMS FY EARNINGS PER SHARE VIEW $7.90 TO $8.15.REAFFIRMS Q2 EARNINGS PER SHARE VIEW $2.05 TO $2.10.HONEYWELL - CONTINUES TO EXECUTE ON LONG-TERM COMMITMENTS.HONEYWELL - COMPANY REITERATES PATH TO ABOUT 23 PERCENT LONG-TERM SEGMENT MARGIN TARGET.Q2 EARNINGS PER SHARE VIEW $2.08 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $8.10 -- REFINITIV IBES DATA.  Full Article

Honeywell Says Entered A 364-Day Credit Agreement With Banks
Tuesday, 30 Apr 2019 

April 29 (Reuters) - Honeywell International Inc ::HONEYWELL - 364-DAY CREDIT AGREEMENT PROVIDES FOR REVOLVING CREDIT COMMITMENTS IN AN AGGREGATE PRINCIPAL AMOUNT OF $1.5 BILLION.HONEYWELL - ENTERS 364-DAY CREDIT AGREEMENT WITH BANKS.HONEYWELL - AMOUNTS BORROWED UNDER 364-DAY CREDIT AGREEMENT ARE REQUIRED TO BE REPAID NO LATER THAN APRIL 25, 2020.HONEYWELL - ENTERED INTO AN AMENDED AND RESTATED FIVE YEAR CREDIT AGREEMENT WITH BANKS THAT PROVIDES FOR REVOLVING CREDIT COMMITMENTS OF $4.0 BILLION.HONEYWELL - 5-YEAR CREDIT AGREEMENT AMENDS AND RESTATES PREVIOUSLY REPORTED $4.0 BILLION AGREEMENT DATED AS OF APRIL 27, 2018.  Full Article

Honeywell Says Board Of Directors Has Authorized The Company To Repurchase Up To $10 Bln Of Its Common Stock
Tuesday, 30 Apr 2019 

April 29 (Reuters) - Honeywell International Inc ::HONEYWELL - BOARD OF DIRECTORS HAS AUTHORIZED THE COMPANY TO REPURCHASE UP TO $10 BILLION OF ITS COMMON STOCK.  Full Article

Honeywell Announces Quarterly Dividend Of $0.82 Per Share
Monday, 29 Apr 2019 

April 29 (Reuters) - Honeywell International Inc ::HONEYWELL ANNOUNCES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.82PER SHARE.  Full Article

Honeywell Expects Cash Spending Of About $300 Mln In 2019 For Repositioning Actions
Thursday, 18 Apr 2019 

April 18 (Reuters) - Honeywell International Inc ::HONEYWELL - EXPECT CASH SPENDING FOR REPOSITIONING ACTIONS TO BE ABOUT $300 MILLION IN 2019 AND TO BE FUNDED THROUGH OPERATING. CASH FLOWS.HONEYWELL - IN QUARTER, SEVERANCE COSTS WERE $31 MILLION RELATED TO WORKFORCE REDUCTIONS OF 1,047 MANUFACTURING AND ADMINISTRATIVE POSITIONS.  Full Article

Honeywell CFO Says M&A Is Co's First Preference In Terms Of Deploying Capital
Thursday, 18 Apr 2019 

April 18 (Reuters) - Honeywell International Inc ::HONEYWELL CFO SAYS DOES NOT EXPECT MATERIAL IMPACT ON CO'S FINANCIAL PERFORMANCE IN 2019 DUE TO GROUNDINGS, RATE ADJUSTMENT ON BOEING'S 737 MAX.HONEYWELL CFO SAYS BOEING COULD FINALIZE INTENTIONS FOR A NEW MIDDLE-MARKET AIRCRAFT (NMA) BY LATE 2019 OR EARLY NEXT YEAR.HONEYWELL CFO SAYS HONEYWELL HAS GOT SOME 'VERY COMPETITIVE' OFFERINGS THAT CO COULD PROVIDE ON A PLATFORM SUCH AS BOEING'S NMA.HONEYWELL CFO SAYS IS BULLISH ON HOW CHINA'S C919 AIRCRAFT PROGRAM IS PROGRESSING; SAYS C919 IS ON TRACK FOR ENTRY INTO SERVICE BY 2021-22.HONEYWELL CFO SAYS CO'S EQUIPMENT HAS PERFORMED WELL ON THE C919AIRCRAFT.HONEYWELL CFO SEES AN EVEN SHARE REPURCHASE PROGRAM DURING COURSE OF 2019.HONEYWELL CFO SAYS PARTS SUPPLY FOR NMA WOULD HAVE TO BE DONE IN A WAY WHERE CO IS ABLE TO PROTECT INTELLECTUAL PROPERTY AND HAVE GOOD REVENUE & INCOME STREAMS.HONEYWELL CFO SAYS REPURCHASED $750 MILLION WORTH OF HONEYWELL'S SHARES IN Q1 AND WOULD CONTINUE TO DO SO FOR Q2 AND BEYOND.HONEYWELL CFO SAYS M&A IS CO'S FIRST PREFERENCE IN TERMS OF DEPLOYING THE CAPITAL.HONEYWELL CFO SAYS CO IS THINKING MORE IN BOLT-ON AREA AGAIN IN TERMS OF M&A, IS NOT REALLY LOOKING TO MAKE TRANSFORMATIONAL SIZED DEAL.HONEYWELL CFO SAYS SEEING A ROBUST DEMAND ENVIRONMENT FOR BUSINESS JETS.HONEYWELL CFO SAYS STRONG FLIGHT HOURS GROWTH IS DRIVING INCREASED REVENUE IN CO'S COMMERCIAL AFTERMARKET BUSINESS.  Full Article

Honeywell Says Qtrly Sales $8,884 Mln
Thursday, 18 Apr 2019 

April 18 (Reuters) - Honeywell International Inc ::HONEYWELL DELIVERS STRONG FIRST QUARTER; RAISES 2019 SALES AND EARNINGS PER SHARE GUIDANCE.RAISES FY 2019 EARNINGS PER SHARE VIEW TO $7.90 TO $8.15.HONEYWELL - QTRLY SALES $8,884 MILLION.Q1 REVENUE VIEW $8.64 BILLION -- REFINITIV IBES DATA.HONEYWELL QTRLY ADJUSTED EARNINGS PER SHARE EX-SPINS $1.92.  Full Article

Honeywell Reports First Quarter EPS Of $1.92
Thursday, 18 Apr 2019 

April 18 (Reuters) - Honeywell International Inc ::HONEYWELL - QTRLY EARNINGS PER SHARE $1.92; QTRLY REPORTED SALES DOWN 15 PERCENT DUE TO IMPACT OF SPIN-OFFS.HONEYWELL - QTRLY ORGANIC SALES UP 8 PERCENT.Q1 EARNINGS PER SHARE VIEW $1.83 -- REFINITIV IBES DATA.HONEYWELL - QTRLY SEGMENT MARGIN UP 120 BASIS POINTS TO 20.4 PERCENT.HONEYWELL - QTRLY AERO SALES $3.34 BILLION, UP 10 PERCENT ON AN ORGANIC BASIS.HONEYWELL - RAISES 2019 EPS GUIDANCE TO A RANGE OF $7.90 TO $8.15, UP 7 PERCENT TO 10 PERCENT EXCLUDING SPIN-OFFS.HONEYWELL - RAISES 2019 ORGANIC SALES GUIDANCE TO A RANGE OF UP 3 PERCENT TO UP 6 PERCENT FROM UP 2 PERCENT TO UP 5 PERCENT.HONEYWELL - RAISES 2019 SALES GUIDANCE TO A RANGE OF $36.5 BILLION TO $37.2 BILLION FROM $36.0 BILLION TO $36.9 BILLION.FY2019 EARNINGS PER SHARE VIEW $7.98, REVENUE VIEW $36.82 BILLION -- REFINITIV IBES DATA.HONEYWELL - UPDATES 2019 ADJUSTED FCF GUIDANCE TO A RANGE OF $5.5 BILLION TO $6.0 BILLION FROM $5.4 BILLION TO $6.0 BILLION.HONEYWELL - SEES 2019 SEGMENT MARGIN OF 20.7 PERCENT TO 21.0 PERCENT.HONEYWELL SAYS HAS ABOUT $14 BILLION IN CASH AVAILABLE TO DEPLOY IN 2019.  Full Article

Honeywell And Curtiss-Wright Use Connectivity To Reinvent Airplane Black Box Recorders
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Honeywell International Inc ::HONEYWELL AND CURTISS-WRIGHT USE CONNECTIVITY TO REINVENT AIRPLANE BLACK BOX RECORDERS.HONEYWELL - NEW HONEYWELL CONNECTED RECORDER WILL MEET UPCOMING EUROPEAN AVIATION SAFETY AGENCY REQUIREMENT FOR STORING 25 HOURS OF VOICE RECORDINGS.HONEYWELL - CO AND CURTISS-WRIGHT CORP HAVE PARTNERED TO DEVELOP AN "ENTIRELY NEW WAY" FOR AIRLINES TO MONITOR AND ANALYZE FLIGHT DATA.HONEYWELL - "BLACK BOX IN THE SKY" PAVES WAY FOR 24/7/365 STREAMING INFORMATION TO AID AIRCRAFT INCIDENT INVESTIGATIONS.HONEYWELL - WILL JOINTLY DEVELOP HARDWARE FOR NEW BLACK BOXES.HONEYWELL - WILL OFFER NEW RECORDERS AS A STANDALONE CVR, AS A STANDALONE FDR, OR AS A COMBINED COCKPIT VOICE AND FLIGHT DATA RECORDER.  Full Article

Honeywell Announced A $28 Mln Infrastructure Modernization Project With Kunsan Air Base
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - Honeywell International Inc ::HONEYWELL - ANNOUNCED A $28 MILLION INFRASTRUCTURE MODERNIZATION PROJECT WITH KUNSAN AIR BASE, A U.S. AIR FORCE BASE LOCATED IN SOUTH KOREA.  Full Article

Photo

Global Markets: Stocks mixed as strong U.S. retail sales offset weak European manufacturing data

NEW YORK A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies.