Honeywell acquired E-Mon, LLC, a leading manufacturer of electric submetering products and systems. The acquisition will enable Honeywell to offer a more complete energy efficiency portfolio to a broader customer base and strengthens its offerings in support of the smart grid. Submeters enable facility owners, such as property managers, schools and universities, government facilities, manufacturers, [...]
Business and Financial
Honeywell Acquires E-Mon, LLC and Expands Honeywell’s Smart Grid, Green Building, and Energy Efficiency Portfolio
Posted on Thursday, August 12, 2010
Honeywell Chairman and CEO Dave Cote Discusses Honeywell’s Financial Outlook and Global Economic Conditions on CNBC’s Closing Bell
Honeywell Chairman and CEO Dave Cote appeared on CNBC’s Closing Bell news program to discuss Honeywell’s financial outlook, global economic conditions, and his position on the U.S. Commission on Fiscal Responsibility and Reform with host Maria Bartiromo. “We’re seeing a rebound. It’s been kind of surprising, but with the exception of commercial aerospace sales, everything [...]
Posted on Wednesday, August 11, 2010
Honeywell Declares Quarterly Dividend
The Board of Directors of Honeywell has declared a regular quarterly dividend of $0.3025 per share on the company’s outstanding common stock. The dividend is payable on September 10, 2010 to shareowners of record at the close of business on August 20, 2010.
Posted on Friday, July 30, 2010
Honeywell Reports Second Quarter Sales Up 8% to $8.2 Billion and Reported Earnings Per Share of $0.60
- Strong Organic Sales Growth of 8% – EPS of $0.78 Excluding Non-Cash Pension Expense, Up 24% Versus Prior Year – Operating Cash Flow: $1.1Billion; Free Cash Flow: $1.0 Billion – Raising Full-Year Outlook: EPS $2.40-2.50, FCF $3.1-3.3 Billion Honeywell today announced second quarter 2010 sales were up 8% to $8.2 billion versus $7.6 billion [...]
Posted on Friday, July 23, 2010
Honeywell Celebrates 125 Years of Innovation With High Ranking From Intellectual Property Owners Association
Honeywell can trace its roots back 125 years to 1885, when an inventor named Albert Butz patented the furnace regulator and alarm. He formed the Butz Thermo-Electric Regulator Co. in Minneapolis on April 23, 1886, and a few weeks later invented a simple, yet ingenious device that he called the “damper flapper.” Today, Honeywell holds [...]
Posted on Thursday, June 10, 2010
Honeywell to Offer to Acquire Sperian Protection in $1.4 Billion Transaction; Combination With Honeywell Safety Products to Create $1.8 Billion Global Personal Protection Equipment (PPE) Business
– Honeywell to make euro 117 per share all-cash tender offer for Sperian Protection shares representing a 93% premium on the spot price as of March 30th (last unaffected share price before Cinven’s offer) and a 67% premium over the price previously offered by Cinven – Sperian’s Board of Directors unanimously approves the tender offer [...]
Posted on Wednesday, May 19, 2010
