$HON (Honeywell International Inc.)

$HON {{ '2015-12-08T16:35:24+0000' | timeago}} • Announcement

Technology & manufacturing company $HON and Pearlstone Energy, a demand response aggregator company, said that they have joined hands to provide a smart grid program for commercial and industrial facilities in the U.K. The program aims to reduce energy bills while helping improve countrywide power reliability and meet carbon reduction commitments.

$HON {{ '2017-11-20T18:02:59+0000' | timeago}} • Announcement

$HON announced that EagleClaw Midstream Ventures, LLC will use UOP Russell modular cryogenic equipment to process 200MM standard cubic feet per day of natural gas at its gas processing facility in the Permian Basin in Reeves County, Texas.

$HON {{ '2017-11-01T19:45:13+0000' | timeago}} • Announcement

$HON is introducing the Honeywell Smart Home Security System, a self-installed security solution that features Amazon Alexa. The system can be controlled through an app, voice, and other optional devices. It also features indoor and outdoor sensors and motion viewers, with audio and video self-monitoring available directly through the app.

$HON {{ '2017-11-01T19:35:46+0000' | timeago}} • Announcement

$HON announced a new connected gas detector designed for safety in industrial operations. The new Sensepoint XRL fixed gas detector monitors industrial operations for specific hazardous gases, such as carbon monoxide or methane. Sensepoint XRL is Bluetooth-enabled and can be set up and maintained using a smartphone app.

$HON {{ '2017-11-01T19:09:26+0000' | timeago}} • Announcement

$HON launched the Honeywell Garrett G Series of aftermarket performance turbochargers capable of supporting up to 660 horsepower. Officially known as the Garrett G25-550 and the G25-660, these turbos will support 1.4 L through 3.0 L engine displacements, and are sold in standard rotation and reverse rotation configurations.

$HON {{ '2017-10-31T19:19:26+0000' | timeago}} • Announcement

$HON is introducing a new all-aluminum intercooler for Ford’s 2.3L EcoBoost Mustang. The new all-aluminum intercooler by Honeywell Garrett is more efficient due to the use of computational fluid dynamics in designing its end tanks and a 60% larger core. These changes offer a 30% reduction in pressure drop along with reduction in inlet temperatures.

$HON {{ '2017-10-26T18:43:37+0000' | timeago}} • Announcement

$HON was awarded a Federal Aviation Administration (FAA) supplemental type certificate (STC) for the Aspire 200 satellite communications system on the Airbus Helicopters AS350 and Sikorsky UH-60 Blackhawk. $HON has applied for an FAA STC for the Bell 429, while Transport Canada has certified the system on the Bell 429.

$HON {{ '2017-10-20T19:14:14+0000' | timeago}} • Webcast

$HON said the Connected Enterprises business is seeing good progress. It is up double-digits, which is in line with expectations, along with higher margins. In terms of acquisitions, $HON is looking at all segments of the business including software. $HON made an acquisition in the software area in 3Q17 which has good growth opportunities.

$HON {{ '2017-10-20T18:51:26+0000' | timeago}} • Webcast

For 4Q17, $HON expects organic sales growth of 4-6% and EPS of $1.79-1.84. In Aerospace, organic sales are expected to be up 1-3%. $HON expects organic sales growth of 2-3% in HPT. For Performance Materials & Technologies, organic sales are expected to be up 10-12%. Safety & Productivity Solutions organic sales growth is expected to be 5-7%.

$HON {{ '2017-10-20T18:39:28+0000' | timeago}} • Webcast

For 3Q17, $HON’s Aerospace segment sales growth was 2% above the high end of guidance. Home and Building Technologies Group grew 2% organically driven by distribution and the smart energy business within products. Performance Materials & Technologies saw organic sales growth of 10%. Safety & Productivity Solutions organic sales growth was 3%.

$HON {{ '2017-10-20T18:39:15+0000' | timeago}} • Webcast

During 3Q17, in Aerospace, $HON launched a new Unmanned Aerial Vehicle Inspection Service called Honeywell InView in partnership with Intel. This service will help customers in the utility, energy, infrastructure, and oil and gas industries improve critical structure inspections while eliminating safety hazards for employees.

$HON {{ '2017-10-20T12:10:13+0000' | timeago}} • Announcement

For FY17, $HON expects sales to be $40.2-40.4Bil and adjusted diluted EPS to be $7.05-7.10. For 4Q17, the company expects sales to be $10.5-10.7Bil.

$HON {{ '2017-10-20T12:07:33+0000' | timeago}} • Announcement

$HON reported an 8% increase in 3Q17 earnings. Net income was $1.36Bil or $1.75 per share compared to $1.24Bil or $1.60 per share in 3Q16. Adjusted EPS grew 16% to $1.75 during 3Q17. Net sales increased 3% to $10.1Bil compared to last year. Sales growth was 5% on an organic basis.

$HON {{ '2017-10-20T11:53:37+0000' | timeago}} • Infographic

$HON Honeywell International Earnings AlphaGraphic: Q3 2017 Highlights

$HON {{ '2017-10-19T14:54:24+0000' | timeago}} • Announcement

$HON has completed research and testing of a virtual window technology as part of the Defense Advanced Research Projects Agency's Ground X-Vehicle Technologies program. Future systems based on GXV-T research could give vehicle operators a full 360-degree view of their surroundings, offering them better protection from external threats.

$HON {{ '2017-10-18T14:17:15+0000' | timeago}} • Announcement

$HON introduced the Mobility Edge Platform comprising common hardware architecture and a suite of tools on which mobility solutions, including handheld computers, will be built. It is designed for Google's Android operating system. $HON also unveiled the Dolphin CT60 handheld computer, the first mobile device to run on the Mobility Edge Platform.

$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.

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