11:16 AM
In the latest in a series of China-U.S. trade disputes, China's Ministry of Commerce took preliminary measures to impose tariffs on certain nylon imports from the U.S. The ruling affects imports of Nylon 6, used to manufacture a variety of products, including toothbrushes and chiffon. Affected U.S. firms include BASF's (BASFY.PK) U.S. arm and Honeywell (HON).
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Monday, July 27, 2009
07:10 AMHoneywell International (HON): Q2 EPS of $0.60 in-line. Revenue of $7.6B (+22%) vs. $7.7B. "Economic conditions, however, remain challenging and we are not planning for any recovery in 2009." (PR)
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07:05 AMHoneywell (HON): Q3 EPS of $0.97 beats by $0.02. Revenue of $9.28B (+6.2%) vs. $9.59B. "We believe that demand for Honeywell's differentiated technologies and solutions, combined with our great positions in good industries, will help the company outperform despite tougher global economic conditions," it says. (PR)
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10:46 AM
Honeywell (HON +4%) signs a 10-year service contract with Southwest Airlines (LUV +3.3%). LUV says the deal will save it money. For HON, it replaces various smaller contracts.
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Friday, July 18, 2008
07:05 AM
Honeywell (HON): Q2 EPS of $0.96 beats by $0.02. Revenue of $9.67B vs. $9.22B. Sees full-year EPS of $3.75-3.85, up from $3.70-3.80 vs. $3.79 consensus, and revenue of $37.6-38.2B vs. $37.2B. [PR]
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