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Honeywell Reports First Quarter 2014 Sales of $9.7 Billion & EPS of $1.28 Per Share

Honeywell reported its first quarter 2014 earnings today, announcing organic sales up 3%, excluding Defense & Space, and earnings per share (EPS) up 6% year-over-year.  The company raised its 2014 proforma EPS guidance to $5.40 to $5.55 from $5.35 to $5.55.  “Honeywell had a good start to the year with strong margin expansion driving better [...]

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Honeywell Announces Senior Leadership Changes

Honeywell today announced several senior leadership changes, reflecting further advancement of strong leaders throughout the company, effective immediately. Roger Fradin and Andreas Kramvis promoted to Vice Chairmen of Honeywell Honeywell Process Solutions moves from Automation and Control Solutions (ACS) to Performance Materials and Technologies (PMT) Alex Ismail named President & CEO of ACS Darius Adamczyk [...]

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Honeywell Featured in BusinessWorld Cover Story

BusinessWorld – India’s leading business magazine – released its annual leadership issue featuring a series of interviews with the country’s top business leaders on this year’s theme of “Glocal” or global-local thought leadership. Anant Maheshwari, President of Honeywell India, provided insight for the cover story, “Global Corporations, Local Lessons” that explained Honeywell’s global strategy of [...]

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We Need More Engineers in America

Honeywell Chairman and CEO Dave Cote appeared on Fox Business Network’s MONEY with Melissa Francis, where he discussed more efficient ways to promote STEM education in order to increase the number of engineers in America. “If we took a look at all the government programs that support science, technology, engineering and math, there are over [...]

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Honeywell CEO Talks Company, Global Outlook on CNBC Squawk Box

Honeywell Chairman and CEO Dave Cote reaffirmed the company's first quarter and full-year 2014 outlook in a CNBC Squawk Box interview on Wednesday, ahead of the company's annual investor conference. Cote also discussed his perspective on the need for America to stay globally competitive and outlined the components of Honeywell’s newly released five-year plan. “There’s this [...]

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Honeywell Outlines Global Growth Strategy And Introduces 2018 Targets At Its Annual Investor Conference

Honeywell held its annual investor conference in New York City to outline its new five year targets (2014-2018) and discuss its continued outperformance and growth strategy. The company expects 2018 sales to increase organically $7-$12 billion to $46-$51 billion and segment margins to increase 220-370 bps over 2013 levels to 18.5-20.0%. It also expects to deliver [...]

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