Home > Newsroom > Latest News
 

Business & Financial Stories

Investor’s Business Daily Spotlights Honeywell’s Transformation Under Cote

The story of Honeywell’s transformation by Chairman and CEO Dave Cote was recently featured in Investor’s Business Daily (IBD). The article in IBD profiles Cote’s humble beginnings –  growing up in Suncook, N.H. and working for his father’s service station – to his leadership role as CEO of Honeywell, where he merged together three disparate [...]

Read More

Honeywell Declares Quarterly Dividend

Honeywell's Board of Directors has declared a regular quarterly dividend of $0.45 per share on the company’s outstanding common stock. The dividend is payable on September 10, 2014 to shareowners of record at the close of business on August 21, 2014.    

Read More

Dave Cote Discusses Strong 2nd Quarter Performance on CNBC’s Mad Money

Honeywell Chairman and CEO Dave Cote appeared on CNBC’s Mad Money with Jim Cramer on July 21 to discuss Honeywell’s strong Q2 earnings and how the company will continue to drive its strategy for growth.   Cote emphasized the importance of Great Positions in Good Industries, high-quality earnings and strong cash flow as keys to [...]

Read More

Honeywell 2Q 2014 Sales Up 6% To $10.3 Billion; EPS Of $1.38 Per Share

Honeywell announced its results for the second quarter of 2014 with sales growth of 6 percent over previous year earnings.  Organic sales were up 3% due to strong execution across the portfolio and earnings per share (EPS) up 8 percent to $1.38.  The company announced that it is raising its low-end proforma EPS guidance to [...]

Read More

Honeywell Completes Sale Of Its Friction Materials Business To Federal-Mogul

Honeywell has completed the sale of its Friction Materials (FM) business to Federal-Mogul in a cash transaction valued at approximately $155 million. The transaction does not include the Bendix® name or line of products or business in the United States.  In addition, joint ventures that operate in Australia, Thailand, and Malaysia will be retained as [...]

Read More

Dave Cote Urges for Ex-Im Bank Reauthorization on CNBC

Honeywell Chairman and CEO Dave Cote appeared on CNBC Closing Bell to speak with host Kelly Evans about the need to reauthorize the Export-Import (Ex-Im) Bank. “Every country recognizes that exports are critical for job development,” Cote explained. “Exports create jobs. It's why you find big countries like Korea, Japan, China, France, Germany – all [...]

Read More