October, 2011

Honeywell To Increase Dividend By 12% Effective In The Fourth Quarter 2011

Honeywell announced that its Board of Directors has approved a 12% increase, or $0.16 per share, in the company’s regular annual cash dividend rate from $1.33 to $1.49 per common share ($0.3725 per share on a quarterly basis). The increased regular quarterly dividend rate will be effective starting with the fourth quarter dividend, which was [...]

Posted on Friday, October 28, 2011

Honeywell Chairman and CEO Dave Cote Discusses the Need for an American Competitiveness Agenda on ‘Nightly Business Report’ on PBS News

Honeywell Chairman and CEO Dave Cote discussed the need for an American Competitiveness agenda that would help the U.S. deficit and job market outlook on ‘Nightly Business Report’ on PBS News. Cote, a member of President Obama’s National Commission on Fiscal Responsibility and Reform, said that there are six points to an American Competitiveness agenda [...]

Posted on Wednesday, October 26, 2011

Honeywell Forecasts Sales and Delivery of Approximately 10,000 New Business Jet Deliveries Worth $230 Billion From 2011 Through 2021

- International Demand Continues To Drive Future Industry Growth – Near-Term Economic Factors Temper Volume of New Jet Orders Honeywell issued the 20th edition of its annual Business Aviation Outlook, forecasting sales and delivery of approximately $230 billion in new business jets from 2011 through 2021. This represents approximately a two percent increase in total [...]

Posted on Tuesday, October 25, 2011

Honeywell’s Third Quarter Sales Up 14% To $9.3 Billion And Earnings Up 45% To $1.10 Per Share

Honeywell announced: • 3Q11 sales were up 14% to $9.3 billion versus $8.1 billion in 3Q10 – 8% organic growth reflects continued strength in end markets • 3Q11 earnings of $1.10 per share, an increase of 45% over $0.76 in 3Q10 – Segment profit growth and margin expansion in all segments – [...]

Posted on Friday, October 21, 2011

Con Edison and Honeywell Promote Recycling Program, Energy Efficiency with Refrigerator Museum

Among many other things, New York City is known for its museums — the Met, Guggenheim, MOMA and the list goes on. Honeywell and Con Edison put a unique twist on this heritage in September when they set up a “cool museum” with vintage and antique refrigerators in the middle of Washington Square Park in [...]

Posted on Thursday, October 20, 2011

Honeywell Spectra® Ballistic Materials Strengthen Combat Helmets in Asia

Honeywell announced that its Spectra Shield® II ballistic materials will be used in combat helmets to protect soldiers in Asia. Dae-Sung Tech Co., Ltd., a Korean body armor manufacturer, will use Spectra Shield II materials in helmets designed to protect soldiers against a variety of threats, including fragments from improvised explosive devices and small-caliber rounds. [...]

Posted on Wednesday, October 19, 2011