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Stock Market & Financial Investment News

News Breaks
March 5, 2014
06:47 EDTHONHoneywell backs Q1 EPS view of $1.23-$1.27, consensus $1.26
News For HON From The Last 14 Days
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December 18, 2014
13:31 EDTHONHoneywell to acquire Datamax-O'Neil for $185M
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December 15, 2014
10:06 EDTHONHoneywell says M&A pipeline 'strong'
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09:34 EDTHONHoneywell sees 'moderate growth environment' in 2015
Sees organic sales of approx. 3% for Q4, FY. Says no change to organic sales growth outlook for Q4, FY14. Sees 20bps of margin contraction in Q4. Sees FY14 free cash flow $3.9B. Says lower oil prices a "net positive" for portfolio. Says Europe "stable" for company. Sees "flat to slightly negative" aero defense budget. Sees fast growth in connected-home market. Sees 2015 as peak year for UOP's CapEx. Sees $125M in cost savings in 2015 from restructuring. Comments taken from Honeywell's 2015 Outlook Conference Call.
07:40 EDTHONHoneywell sees FY15 organic sales growth about 4%
Says outlook in line with long-term targets. Says Q4 "on track." Sees "modest" GDP growth for 2015. Sees 2015 global GDP growth about 3.1% vs. 2.7% in 2014. Sees 2015 U.S. GDP growth 2.6% vs. 2.2% in 2014. Sees 2015 ACS organic sales up 4%-5%, segment margin up 60-90bps. Sees 2015 PMT organic sales up 4%-5%, segment margin up 80-110bps. For 2015, says planning euro f/x rate at ~1.20 at mid-point, 50% hedged at ~1.26; sees ~($0.6B) sales headwind, ~(10c) EPS impact. Sees FY15 tax rate 26.5%. Sees FY15 organic sales growth about 4%. Comments from slides that will be presented on Honeywell's 2015 Outlook Conference Call.
07:07 EDTHONHoneywell says on track toward achieving 2018 long-term targets
"We expect 2015 to be another strong year for Honeywell with across the board growth in sales, margin, EPS, and free cash flow. Our 2015 outlook tracks very well to the five year targets that we set for 2018 earlier this year. We sustained our 'seed planting' investments for the future, including innovating new products and technologies and expanding geographically, all of which will position the portfolio for continued growth. Similarly, we will use the gain on sale of B/E Aerospace shares in the fourth quarter to proactively fund Aerospace OEM incentives related to new platform wins. Our balanced portfolio mix of short- and long-cycle businesses, improving end markets, new product introductions, penetration in high-growth regions, and HOS Gold growth and productivity focus will all continue to drive Honeywell outperformance over the long term. While we're expecting only modest GDP growth in most regions around the world next year and will accordingly continue to be conservative in our cost and resource planning, our plan is to deliver higher organic growth, strong margin expansion, and double-digit earnings growth once again in 2015," said Honeywell Chairman and CEO Dave Cote.
07:06 EDTHONHoneywell reaffirms FY14 EPS view $5.50-$5.55, consensus $5.54
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07:05 EDTHONHoneywell backs Q4 EPS view $1.37-$1.42, consensus $1.42
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07:02 EDTHONHoneywell sees FY15 EPS $5.95-$6.15, consensus $6.11
Sees FY15 sales $40.5B-$41.1B, consensus $41.29B. Company forecasts 2015 organic sales growth of about 4%, up 1%-2% as reported.
December 11, 2014
14:14 EDTHONHoneywell volatility flat into 2015 outlook
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09:59 EDTHONHoneywell management to meet with Oppenheimer
Meeting to be held in New York on December 18 hosted by Oppenheimer.
December 10, 2014
09:58 EDTHONHoneywell to host business news update conference call
Conference call to discuss the company's 2015 outlook will be held on December 15 at 9 am. Webcast Link

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