All Posts Tagged With: "HON"

(HON) Honeywell International Turbochargers for Chevrolet

Diversified technology company Honeywell International Inc. (HON) recently announced that indigenous technology of its Turbo Technology division has been used to design and build the turbocharger for Chevrolet Cruze Clean Turbo Diesel,...

17Sep2013 | | Comments Off | Continued

(HON) Honeywell Powers Honda Amaze

Diversified technology company Honeywell International Inc. (HON) recently announced that indigenous technology of its Turbo Technology division has been used to design and build the turbocharger for Honda Amaze, a compact sedan from...

16Jul2013 | | Comments Off | Continued

(TDG) TransDigm Group to Acquire Arkwin

TransDigm Group Inc. (TDG) recently signed a definitive agreement to acquire Arkwin Industries, Inc. The deal is an all cash transaction and is valued at approximately $286 million. The acquisition is a strategic move by TransDigm...

28Jun2013 | | Comments Off | Continued

(GE) General Electric Inks Agreement with Green Waste Energy

General Electric Company (GE) recently signed an agreement with Green Waste Energy, a privately-held U.S.-based developer of Advanced Recycling and Energy Conversion plants, to supply Jenbacher J620 gas engines to generate renewable...

1Jun2013 | | Comments Off | Continued

(MMM) 3M Maintains Steady Dividend Payout

Diversified technology conglomerate 3M Company (MMM) has recently announced a dividend of 63.5 cents per share or $2.54 on an annualized basis for second quarter 2013. The dividend is payable on Jun 12 to shareholders of record as...

26May2013 | | Comments Off | Continued

(TXT) Textron Gets $85 Million DoD Contract

Bell Helicopter, a business wing of Textron Inc. (TXT), clinched an $85.0 million contract from the Department of Defense (“DOD”) to offer engineering and support capabilities to two of America’s close allies, Iraq and...

23May2013 | | Comments Off | Continued

(MSI) Motorola Solutions Remains Neutral

We have maintained our Neutral recommendation on Motorola Solutions Inc. (MSI), as the top line beat the Zacks Consensus Estimate but the bottom line fell short in the recently concluded quarter. Why Kept at Neutral? The...

23May2013 | | Comments Off | Continued

(FLIR) FLIR Systems Earns Contracts

Recently, FLIR Systems Inc. (FLIR) was awarded a contract to support the U.S. Coast Guard for the Coast Guard’s Electro-Optical Sensor System configuration of FLIR’s commercially developed military qualified Talon 9-inch...

19May2013 | | Comments Off | Continued

(DHR) Danaher Short on Earnings – Revenues Up

Danaher Corporation (DHR) reported diluted earnings of 75 cents a share from continuing operations in the first quarter of 2013, a 2.5% growth from year-over- year earnings but missing the Zacks Consensus Estimate of 76 cents by a...

3May2013 | | Comments Off | Continued

(LMT) Lockheed Martin to Build Ocean Thermal Energy Conversion Plant in China

Lockheed Martin Corporation (LMT) has entered into an agreement with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant located off the coast of southern China. Per the agreement, this offshore...

27Apr2013 | | Comments Off | Continued

(UTX) Hawaiian Holding’s Hawaiian Airline Selects United Technologies PurePower Engines

Pratt & Whitney, a division of United Technologies Corp. (UTX), was selected by Hawaiian Airlines, a subsidiary of Hawaiian Holdings Inc. (HA) to provide fuel efficient...

27Apr2013 | | Comments Off | Continued

(UAL) United Continental Holdings Targets to Save More Fuel

Apart from implementing various strategic initiatives to boost the profitability level and render greater customer satisfaction, United Continental Holdings Inc. (UAL) is taking measures to do its bit in making the world a greener...

25Apr2013 | | Comments Off | Continued

(GE) General Electric Company Collaborates with Ingersoll Rand to Save Energy

GE Lighting, a division of General Electric Company (GE) and Trane, a brand of Ingersoll Rand (IR), have recently collaborated to bring a world class facility that allows...

25Apr2013 | | Comments Off | Continued

(HON) Honeywell Beats Earnings Estimate

Despite macroeconomic headwinds, Honeywell International Inc. (HON) reported solid first quarter 2013 results with earnings of $966 million or $1.21 per share compared to $825 million or $1.04 in the year-ago quarter, representing...

22Apr2013 | | Comments Off | Continued

(RTN) Raytheon Clinches $35.9M DTRA Deal

Raytheon Company (RTN) wins a three-year Defense Threat Reduction Agency or DTRA border security agreement. The contract is valued at $35.9 million. Per the agreement, Raytheon is responsible for designing, developing and implementing...

21Apr2013 | | Comments Off | Continued

(MMM) 3M Company Has New Touchscreen Solution

3M Touch Systems, a wholly-owned subsidiary of diversified technology conglomerate 3M Company (MMM), recently launched a new touchscreen solution to deliver clarity and superior optical performance. The product, titled 3M MicroTouch...

18Apr2013 | | Comments Off | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | Comments Off | Continued

(GE) Growing Demand for General Electric Engines

Evendale-based GE Aviation, an operating unit of General Electric Co. (GE), will benefit from an order by Delta Air Lines Inc. (DAL) for 40 Bombardier...

14Dec2012 | | Comments Off | Continued

(NOC) Northrop Grumman to Upgrade Bombers

Northrop Grumman Corporation (NOC) was awarded a $108 million contract by the U.S. Air Force to upgrade its fleet of B-2 stealth bombers. There are 20 B-2s in the U.S. fleet, with 19 at Whiteman Air Force Base in Missouri and 1 used...

16Oct2012 | | Comments Off | Continued

(JCI) Johnson Controls Downgraded to Underperform

We have downgraded our long-term recommendation on Johnson Controls Inc. (JCI) to Underperform. The leading supplier of automotive interiors, batteries and other control equipment is facing challenges from the softness in the global...

28Aug2012 | | Comments Off | Continued

(HON) Honeywell International Beats Estimates

Honeywell International Inc. (HON) reported second-quarter 2012 earnings per share from continuing operations of $1.14 a share, which was 2.7% above the Zacks Consensus Estimate. The company had a robust quarter with earnings increasing...

23Jul2012 | | Comments Off | Continued

(HON) Honeywell International Expands Facility

Honeywell International Inc.’s (HON), group company, UOP LLC, is all set to expand its production facility in Mobile, Ala., to produce adsorbents and catalysts. The company will be investing about $20 million for this expansion. The...

19Apr2012 | | Comments Off | Continued

(XLE) Stock Market News for March 21, 2012 – Market News

Concerns about softening economic growth in China weighed on US investors and subsequently markets ended their winning streak.  China also upped its oil prices and comments from a BHP Billiton executive about flattening demand for iron ore from China affected the energy and industrial sectors. The...

22Mar2012 | | Comments Off | Continued

(HON) Honeywell International Beats as Sales Rise

Honeywell International Inc.’s (HON) reported fourth-quarter 2011 earnings results before the market opened today. Pro forma earnings per share were $1.05 in the reported quarter, above the Zacks Consensus Estimate of $1.04. Mark-to-market...

27Jan2012 | | 0 comments | Continued

(HON) Honeywell International Providing Technology for Samsung

Honeywell International Inc.’s (HON) group company, UOP LLC, will be providing technologies for the production of key petrochemicals and high-quality diesel and jet fuel at Samsung Total Petrochemicals Co. Ltd.’s complex in Daesan,...

21Jan2012 | | 0 comments | Continued

(HON) Honeywell International – Bull of the Day

We upgraded our rating from Neutral to Outperform on Honeywell International (HON) with a target price of $62.00. The company delivered impressive third-quarter 2011 results as its performance gained momentum in all business segments....

20Dec2011 | | 0 comments | Continued

(BA) Commercial Aerospace – Upside Story

The tide for commercial aerospace appears to have turned, as the global economy continues to recover. Both airline traffic and new aircraft orders have significantly recovered from their recession lows. Therefore, the stocks dealing with aerospace and defense products should be a good pick at least...

8Dec2011 | | 0 comments | Continued

(HON) Honeywell International to Build Fertilizer Facility

Honeywell International Inc. (HON) entered into an agreement with the world’s largest privately held food and agribusiness company, J.R. Simplot Company, to construct a facility for the production of Honeywell’s Sulf-N...

6Dec2011 | | 0 comments | Continued

(TDG) TransDigm Group Shares Rated Neutral

We recently maintained a Neutral recommendation on TransDigm Group Inc. (TDG). Based in Cleveland, Ohio, TransDigm Group Inc. is a leading global designer, producer and supplier of highly engineered aircraft components for...

1Dec2011 | | 0 comments | Continued

(HON) Honeywell International Beats Estimates (revised)

Honeywell International Inc.’s (HON) reported third-quarter 2011 earnings results, reporting earnings per share from continuing operations of $1.10, beating the Zacks Consensus Estimate of 99 cents. Total Revenue Total...

26Oct2011 | | 0 comments | Continued