Honeywell International Inc (HON.N)
19 Oct 2018
* Honeywell erases gains after warning of slower China growth
Honeywell International Inc said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for asbestos-related liabilities.
Oct 19 Honeywell International Inc said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for asbestos-related liabilities.
Honeywell said on Friday it was seeing slower growth in China and that trade tariffs would squeeze margins and potentially cost it "hundreds of millions" of dollars in 2019.
* Sees potential tariff costs of "hundreds of millions" of dollars
Honeywell International Inc said on Friday costs related to trade tariffs could put pressure on margins in 2019.
Oct 19 Honeywell International Inc said on Friday costs related to trade tariffs could put pressure on margins in 2019.
Oct 19 U.S. stocks opened higher on Friday on upbeat results from major U.S. companies such as P&G and Honeywell.
* Futures higher: Dow 0.36 pct, S&P 0.29 pct, Nasdaq 0.51 pct (Changes comment, adds details, updates prices)
Oct 19 U.S. stock futures ticked higher on Friday as a handful of major U.S. corporations beat results forecasts, offsetting concerns about political and growth risks in Europe, China and Saudi Arabia that drove a 1 percent fall a day earlier.
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