Dave Cote

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’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

Honeywell Chairman and CEO Dave Cote Discusses the U.S. Deficit on CNN International and Fox Business

Honeywell Chairman and CEO Dave Cote discussed the U.S. debt/deficit issues on Fox Business Network’s ‘Countdown to the Closing Bell’ and CNN International’s ‘World Business Today.’ Cote, a member of President Obama’s National Commission on Fiscal Responsibility and Reform, said that businesses are watching the debate very closely. “Everybody’s pretty much shocked right now because [...]

Posted on Thursday, July 28, 2011

Honeywell Reports Second Quarter Sales Up 15% to $9.1 Billion and Earnings Per Share Up 40% to $1.02

- Sales Including $234 Million of Discontinued Operations – $9.3 Billion, High End of Previous Range – CPG Moved to Discontinued Operations – Divestiture Expected to Close in Q3 – 8% Organic Growth Driven by New Products, Emerging Region Growth, and Strong End Markets – Confident in 2011 Outlook – Raising EPS Guidance to $3.85-4.00, [...]

Posted on Friday, July 22, 2011

Honeywell Chairman and CEO Dave Cote Appears on NBC’s “Meet the Press”

Honeywell Chairman and CEO Dave Cote discussed the global economy, jobs, corporate taxes, and the U.S. debt ceiling on NBC’s “Meet the Press” with David Gregory. During the segment, Cote said the U.S. government needs to find an economic solution that does more than the current solutions being proposed. “The world has changed. We [...]

Posted on Tuesday, July 19, 2011