Oppenheimer Cuts Price Target on Honeywell (HON) to $122 Ahead of 3Q Release
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Honeywell Updates Financial Guidance For New Reporting Segments, Portfolio Enhancements, And Segment Outlooks
October 6, 2016 5:00 PM EDTMORRIS PLAINS, N.J., Oct. 6, 2016 /PRNewswire/ -- Honeywell (NYSE: HON) today announced it has updated its previous guidance for the third quarter of 2016 to reflect the separation of the former Automation and Control Solutions reporting segment into two new reporting segments; the acquisition of Intelligrated, which closed on August 29, 2016; the sale of the Honeywell Technology Solutions (HTSI) government services business, which closed on September 16, 2016; the spin-off of Resins and Chemicals as AdvanSix Inc., which became effective on October 1, 2016; and lower outlooks in certain business segments.
The company also announced it... More
Turkish Airlines To Cut Fuel Costs Using Innovative Honeywell Connected Aircraft Software
October 6, 2016 4:00 AM EDTROLLE, Switzerland, Oct. 6, 2016 /PRNewswire/ --Â Honeywell (NYSE: HON) has been selected by Turkish Airlines to provide its Fuel Efficiency software, part of Honeywell's GoDirect suite of connected aircraft services, to reduce fuel use and associated costs. The software solution provides the airline with instant analytics and recommendations on an airplane's current fuel consumption and ways to save fuel.
Honeywell's software, which was acquired through the... More
