$CC (The Chemours Company)

$CC {{ '2016-06-14T19:03:20+0000' | timeago}} • Announcement

$CC, a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, said it agreed to sell the assets which comprise its Sulfur Products business, part of its Chemical Solutions segment, to Veolia North America for $325MM in cash. The transaction is expected to close within 2H16.

$HON {{ '2017-10-13T17:27:00+0000' | timeago}} • Announcement

$HON named Brian S. Cook as Vice President of Corporate Development and Global Head of Mergers & Acquisitions. He succeeds Anne Madden, the present Senior Vice President and General Counsel. In this new role, he will report to Senior Vice President and CFO Thomas A. Szlosek.

$HON {{ '2017-10-12T13:46:05+0000' | timeago}} • Announcement

$HON has released an upgrade to its CNX-900 router that provides business aviation operators the benefits of wireless database loading. Connected Aircraft equipped with $HON’s Primus Epic avionics system can now remotely stage their flight navigation databases onto aircraft from $HON’s secure server, alleviating manual hassle and logistics.

$HON {{ '2017-10-11T14:09:12+0000' | timeago}} • Announcement

$HON said effective immediately, Gary Michel will serve as President and CEO of the Home and Building Technologies strategic business group. He will report to CEO Darius Adamczyk. Michel succeeds Terrence Hahn, who will move to a leadership role reporting to Adamczyk and will help prepare the Homes and ADI businesses for the spin.

$HON {{ '2017-10-11T14:08:56+0000' | timeago}} • Announcement

$HON expects 3Q17 sales to be $10.1Bil, up 3% reported and up 5% organic, and EPS to be $1.75, up 9% reported and up 16% ex-divestitures, normalized for tax at 26%, driven by strong results at its Aerospace and Performance Materials and Technologies business groups. The company also raised its FY17 EPS guidance to $7.05-7.10.

$HON {{ '2017-10-11T14:08:39+0000' | timeago}} • Announcement

$HON plans to spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, into two standalone, publicly-traded companies. The transactions are expected to be tax-free and completed by 2018-end. The Smart Energy business unit will be integrated into the Process Solutions unit.

$HRC {{ '2017-10-10T14:13:09+0000' | timeago}} • Announcement

$HRC's Welch Allyn subsidiary said its home medical devices will now be offered as part of $HON’s remote patient monitoring platform. The Welch Allyn Home 1700 Series Blood Pressure Monitor and Welch Allyn Home Weight Scale will be offered as standard peripherals with Honeywell Life Care Solution's Genesis Touch remote patient monitoring kits.

$HON {{ '2017-10-10T12:51:22+0000' | timeago}} • Announcement

$HON said its Smart Energy business unit, previously part of HBT, will immediately be integrated into the Process Solutions unit within Honeywell Performance Materials and Technologies. The Smart Energy unit's wide array of meter offerings will complement an existing meter portfolio within Process Solutions.

$HON {{ '2017-10-10T12:48:52+0000' | timeago}} • Announcement

$HON said Gary Michel will serve as president and CEO of its Home and Building Technologies (HBT) strategic business group, with immediate effect. Michel succeeds Terrence Hahn, who will move to help prepare the Homes and ADI businesses for the spin.

$HON {{ '2017-10-10T12:47:19+0000' | timeago}} • Announcement

$HON expects 3Q17 sales of $10.1Bil, up 3% reported and up 5% organic, and EPS of $1.75, up 9% reported and up 16% ex-divestitures normalized for tax at 26%. This is driven by strong results at its Aerospace and Performance Materials and Technologies business groups. For 2017, $HON lifted low-end of EPS outlook by 5 cents to $7.05-7.10.

$HON {{ '2017-10-10T12:43:45+0000' | timeago}} • Announcement

$HON announced the results of its comprehensive portfolio review, including its intention to separately spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, into two stand-alone, publicly-traded companies. The planned separation transactions are expected to close by end of 2018.

$EMN {{ '2017-10-09T17:02:38+0000' | timeago}} • Announcement

$EMN  expects adjusted EPS growth in FY17 toward the high end of the previously projected range of 10-12% compared with 2016,  excluding the financial impact of a Kingsport operational incident.

$HON {{ '2017-10-09T13:58:35+0000' | timeago}} • Announcement

$HON has named Anne T. Madden as SVP and General Counsel, reporting to President and CEO Darius Adamczyk. Madden succeeds Kate Adams, who decided to leave $HON to become General Counsel at $AAPL.

$HON {{ '2017-10-09T13:51:50+0000' | timeago}} • Announcement

The Global Business Aviation Outlook released by $HON forecasts up to 8,300 new business jet deliveries worth $249Bil from 2017-2027, down 2-3% from the 2016 10-year forecast. This includes deliveries of approx. 620-640 new jets in 2017, a decline of roughly 30 aircraft YoY.

$AAPL {{ '2017-10-06T15:51:42+0000' | timeago}} • Announcement

$AAPL said Katherine Adams, formerly SVP and general counsel of $HON, will join the company as general counsel and SVP of Legal and Global Security. She will report to CEO Tim Cook and serve on its executive team. The tech giant added that Bruce Sewell, who has served as its general counsel since 2009, will be retiring at 2017-end.

$MMM {{ '2017-10-05T19:53:45+0000' | timeago}} • Announcement

$MMM announced the early tender results of its previously announced tender offers to purchase for cash up to $400MM aggregate principal amount of its 5.70% notes due 2037 and 6.375% debentures due 2028. The company said it has exercised its option to have an early settlement date on Oct. 6, 2017

$JCI {{ '2017-10-05T11:28:33+0000' | timeago}} • Announcement

$JCI has completed the previously announced sale of its Scott Safety business to $MMM for approx $2Bil. Net cash proceeds from the transaction were $1.9Bil, and will be used to repay a portion of Tyco International Holding Sarl's $4Bil of merger-related debt.

$MMM {{ '2017-10-04T21:03:26+0000' | timeago}} • Announcement

$MMM completed its acquisition of Scott Safety from $JCI for a total enterprise value of $2.0Bil. The company estimates the acquisition to be $0.08 dilutive to earnings in 4Q17.

$MMM {{ '2017-10-03T13:42:09+0000' | timeago}} • Announcement

$MMM has completed the sale of its electronic monitoring business to funds advised by Apax Partners, a global private equity advisory firm, for approx $200MM, net of cash sold and closing adjustments. 3M will record about $0.12 per share benefit in 4Q17 from this divestiture.

$VVV {{ '2017-10-02T21:27:08+0000' | timeago}} • Announcement

$VVV has completed the acquisition of 56 Valvoline Instant Oil ChangeSM (VIOC) franchise service centers from Henley Bluewater LLC. Following the acquisition, the company has a network of 439 company-owned locations.

$MMM {{ '2017-10-02T14:35:05+0000' | timeago}} • Announcement

$MMM appointed Paul Keel as SVP of Business Development and Marketing-Sales, and Jon Lindekugelas SVP of Supply Chain. These appointments are effective Oct. 1, 2017. Paul and Jon will continue to report to H.C. Shin, vice chair and executive vice president.

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