Oppenheimer Raises Price Target Following Honeywell's (HON) 2016 Outlook

Honeywell Forecasts 2016 Sales Of $39.9-$40.9 Billion, Up 4%-6%; Earnings Guidance Of $6.45-$6.70, Up 6%-10%

MORRIS PLAINS, N.J., Dec. 16, 2015 /PRNewswire/ -- Honeywell (NYSE: HON) today announced its 2016 financial forecast and reaffirmed its 2015 earnings outlook reflected below:

2016 Guidance

2015 Guidance

2016 Guidance

Changevs. 2015

Honeywell And IFTTT Easily And Automatically Link Your Smart Thermostat With Your Everyday Activities

MINNEAPOLIS, Dec. 15, 2015 /PRNewswire/ -- Honeywell (NYSE: HON), a leader in managing home comfort and security, is announcing a new Channel on IFTTT the widely-used software application to help consumers better control their homes and keep them feeling comfortable.

Through the Honeywell and IFTTT integration, consumers can now automatically link and manage their Honeywell Wi-Fi Smart Thermostats using IFTTT's simple, DIY (do it yourself) "Recipes." A Recipe is a simple formula built around the idea that "if this" happens, "then that"... More

Honeywell Completes Acquisition Of Research Chemicals Business From Sigma-Aldrich

MORRIS PLAINS, N.J., Dec. 15, 2015 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has completed the acquisition of the Seelze, Germany-based laboratory research chemicals business from Sigma-Aldrich, broadening Honeywell's offerings for high-purity solutions for drug discovery, medical diagnostic testing and other laboratory applications.

The acquisition includes the Fluka-branded solvents and inorganic chemistry portfolio worldwide and the Sigma-Aldrich-branded solvents and inorganic chemistry portfolio in the European Economic Area (EEA). Those offerings are now part of Honeywell's broader portfolio of offerings for research chemicals, which already includes the Riedel-de Haën® and Burdick & Jackson®... More