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Stock Market & Financial Investment News

News Breaks
January 24, 2014
09:29 EDTHONHoneywell expects $100M gain from sale of B/E Aerospace shares in Q1
The projects funded in Q4 are estimated to yield about $50M in benefits in 2015. For the FY14, the company expects $130M pension income lift compared to the previous year. Honeywell said the recently announced sale of Friction Materials is expected to close in 2H14, but it will remain a part of their FY14 outlook until that point. The company expects to issue new 5-year targets through 2018 at its upcoming March Investor Day. Comments taken from q4 earnings conference call.
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August 19, 2014
09:07 EDTHONHoneywell company UOP selected by BW Offshore
UOP, a Honeywell company, announced that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading, or FPSO, vessel off the coast of Scotland. The vessel, which will be leased to Premier Oil, will include a UOP Separex Membrane System to remove carbon dioxide.
August 14, 2014
12:58 EDTHONHoneywell management to meet with Jefferies
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