January, 2011

Honeywell Reports 2010 Full-Year Sales Up 8% to $33.4 Billion; Proforma Earnings Per Share Up 12% to $3.00, Reported Earnings Per Share Up 26% to $2.59

- Fourth Quarter Sales $9.0 Billion, Up 12%, 10% Organic Growth – Fourth Quarter EPS Ahead of Expectations: $0.87 Proforma, $0.47 Reported - 2010 Record Year For Cash Flow From Operations of $4.2B and Free Cash Flow of $3.6B – 2011 EPS Guidance Raised 10 Cents to $3.60-3.80 from $3.50-3.70, Excluding Gain on Sale Honeywell announced full-year [...]

Posted on Friday, January 28, 2011

Honeywell to Sell Its Consumer Products Group Business to Rank Group Limited for $950 Million

Honeywell announced that Rank Group, a private investment company, will acquire its automotive Consumer Products Group (CPG) business in a cash transaction valued at approximately $950 million. The transaction is subject to regulatory approval and customary closing conditions and is expected to close in the third quarter of 2011. Upon regulatory approval, the company expects [...]

Posted on Friday, January 28, 2011

Honeywell’s Synthetic Vision Technology for Pilots Featured on CNN

Honeywell’s Enhanced Vision System (EVS) / Synthetic Vision System (SVS) technology was recently featured on CNN. Chad Cundiff, vice president of Crew Interface at Honeywell Aerospace, discussed the new technology that blends synthetic vision and infrared sensors. By offering pilots enhanced visibility and situational awareness, the technology can “lift the fog” and allow aircraft to [...]

Posted on Friday, January 21, 2011

Institutional Investor Magazine Ranks Honeywell Executives Among America’s Most Successful

Honeywell Chairman and CEO Dave Cote, company CFO David Anderson and Vice President of Investor Relations Elena Doom are ranked among America’s most successful in Institutional Investor magazine’s annual ranking of the nation’s best CEOs, CFOs, investor relations professionals and investor relations companies. Institutional Investor magazine asked buy- and sell-side analysts to identify the best [...]

Posted on Wednesday, January 19, 2011

Honeywell Chairman and CEO Dave Cote Appears on PBS’ “Nightly Business Report” to Discuss the Global Economy, U.S. Debt, and Engineering

Honeywell Chairman and CEO Dave Cote appeared on PBS’ “Nightly Business Report” to discuss the company, his global 2011 economic outlook, engineering, and the U.S. deficit. Cote, a member of the U.S. Commission on Fiscal Responsibility and Reform, said in the interview that the U.S. cannot be a strong power if it one day ends [...]

Posted on Monday, January 17, 2011

Honeywell Helps Taylor School District Improve Learning Environment While Cutting Utility Costs

Honeywell announced it is helping Taylor School District in Taylor, Mich., improve school facilities and infrastructure, and save more than $550,000 in annual energy and operating costs. The $14 million energy conservation and building modernization program, which is partially backed by American Recovery and Reinvestment Act (ARRA) funds, will enable the district to address deferred [...]

Posted on Friday, January 14, 2011