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Honeywell International Inc (HON.N)

HON.N on New York Stock Exchange

169.06USD
18 Apr 2019
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$6.17 (+3.79%)
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Latest Key Developments (Source: Significant Developments)

Honeywell Expects Cash Spending Of About $300 Mln In 2019 For Repositioning Actions
Thursday, 18 Apr 2019 09:41am EDT 

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 06:41am EDT 

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 06:30am EDT 

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 06:30am EDT 

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 09:00am EST 

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 08:00am EST 

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

Resideo Technologies Inc - QTRLY Organic Sales Up 5 Percent
Tuesday, 13 Nov 2018 04:00pm EST 

Honeywell International Inc ::RESIDEO ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.RESIDEO TECHNOLOGIES INC - EXPECTS FULL-YEAR 2018 RESULTS AT HIGH END OF RANGE.RESIDEO TECHNOLOGIES INC - QTRLY ORGANIC SALES UP 5 PERCENT.RESIDEO TECHNOLOGIES INC - REAFFIRMS FULL-YEAR 2018 GUIDANCE AND 2019 OUTLOOK.RESIDEO TECHNOLOGIES INC - REAFFIRMS FULL-YEAR 2018 GUIDANCE AND 2019 OUTLOOK.RESIDEO TECHNOLOGIES - QTRLY NET SALES $1,200 MILLION VERSUS $1,152 MILLION.RESIDEO TECHNOLOGIES INC - QTRLY BASIC AND DILUTED NET INCOME PER SHARE $2.53.  Full Article

Honeywell Partners With Fetch Robotics To Deliver Autonomous Mobile Robots
Tuesday, 16 Oct 2018 08:45am EDT 

Oct 16 (Reuters) - Honeywell International Inc ::HONEYWELL PARTNERS WITH FETCH ROBOTICS TO DELIVER AUTONOMOUS MOBILE ROBOTS TO DISTRIBUTION CENTERS.HONEYWELL - ANNOUNCED STRATEGIC COLLABORATION WITH FETCH ROBOTICS TO PROVIDE DISTRIBUTION CENTERS WITH AUTONOMOUS MOBILE ROBOTS.  Full Article

Honeywell Board Of Directors Declares Spin-Off Dividend Of Garrett Shares
Wednesday, 5 Sep 2018 08:53am EDT 

Sept 5 (Reuters) - Honeywell International Inc ::HONEYWELL BOARD OF DIRECTORS DECLARES SPIN-OFF DIVIDEND OF GARRETT SHARES.HONEYWELL - HONEYWELL SHAREOWNERS OF RECORD WILL RECEIVE DISTRIBUTION PAR VALUE $1.00 PER SHARE.HONEYWELL-EACH HONEYWELL SHAREOWNER OF RECORD WILL RECEIVE DISTRIBUTION OF 1 SHARE OF GARRETT MOTION STOCK FOR EVERY 10 SHARES OF COMMON STOCK.HONEYWELL - OCT 1 GARRETT STOCK WILL BEGIN REGULAR-WAY TRADING ON NYSE UNDER SYMBOL, "GTX.".  Full Article

Honeywell Says Concluded Review Of Accounting For Asbestos-Related Liabilities
Thursday, 23 Aug 2018 08:09am EDT 

Aug 23 (Reuters) - Honeywell International Inc ::HONEYWELL - DURING SEC'S REVIEW OF FORM 10 FILING FOR PLANNED SPIN-OFF OF GARRETT MOTION, CO ENGAGED IN TALKS WITH STAFF OF SEC.HONEYWELL - DISCUSSIONS WITH SEC STAFF IS REGARDING GARRETT'S ACCOUNTING FOR LIABILITY FOR UNASSERTED BENDIX-RELATED ASBESTOS CLAIMS.HONEYWELL - SEC STAFF'S COMMENTS ON GARRETT'S ACCOUNTING ARE ALSO APPLICABLE TO CO'S HISTORICAL FINANCIAL STATEMENTS.HONEYWELL- REVISED ACCOUNTING RELATED TO TIME ASSOCIATED WITH ACCRUALS DETERMINATION FOR LEGACY BENDIX ASBESTOS-RELATED LIABILITY FOR UNASSERTED CLAIMS.HONEYWELL - ALSO RECEIVED COMMENT FROM SEC STAFF REGARDING CO'S ESTIMATE OF ITS NARCO-RELATED ASBESTOS LIABILITY.HONEYWELL - REVISION TO CORRECT CO'S APPLICATION OF ASC 450 WAS NOT MATERIAL TO PRIOR PERIOD FINANCIAL STATEMENTS - SEC FILING.HONEYWELL SAYS CONCLUDED REVIEW OF ACCOUNTING FOR ASBESTOS-RELATED LIABILITIES - SEC FILING.HONEYWELL - DETERMINED NO CHANGE TO ESTIMATE OF NARCO-RELATED ASBESTOS LIABILITY IS REQUIRED FOR ANY PREVIOUSLY REPORTED PERIOD.HONEYWELL- BALANCE SHEETS, STATEMENTS OF OPERATIONS FOR PRIOR PERIODS TO BE IMMATERIALLY REVISED TO CORRECT ASC 450 APPLICATION FOR BENDIX-RELATED ASBESTOS LIABILITIES.HONEYWELL- STATEMENTS OF COMPREHENSIVE INCOME FOR PRIOR PERIODS ALSO TO BE IMMATERIALLY REVISED TO CORRECT ASC 450 APPLICATION FOR BENDIX-RELATED ASBESTOS LIABILITIES.HONEYWELL - ACCOUNTING REVISION TO HAVE IMMATERIAL POSITIVE IMPACT TO FY2018 EPS.  Full Article

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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.