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Business and Financial

Honeywell Reports First Quarter Sales Up 3% to $7.8 Billion; Earnings Per Share of $0.50

• EPS of $0.68 Excluding Non-Cash Pension Expense, Up 21% versus Prior Year • Organic Sales Growth Resumes in Several Short-Cycle Businesses • Strong Operating Leverage, Margin Improvement In 3 of 4 Businesses • Raising Full-Year EPS and Cash Flow Guidance Honeywell announced first quarter 2010 sales were up 3% to $7.8 billion versus $7.6 [...]

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Honeywell Ranked in the Top 75 Largest U.S. Companies in the FORTUNE 500 List

FORTUNE magazine announced that Honeywell has been ranked 74 on the 2010 FORTUNE 500 list, which ranks all U.S. companies by revenue. The full list of the largest U.S. companies is currently available online and related stories will appear in the May 3 issue of FORTUNE magazine, which will also be available on newsstands on [...]

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Honeywell Launches “Add Honeywell” Website

Honeywell launched “Add Honeywell,” a new website that demonstrates how the company’s technologies and innovations are making the world safer and more secure, more comfortable and energy efficient, and more innovative and productive. Through the use of 3-D animation, dynamic videos and photos, and easy navigation, the site demonstrates Honeywell’s technologies in aerospace, homes, refineries, commercial [...]

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Honeywell Raises First Quarter Earnings Per Share Guidance to $0.45 – 0.49

Honeywell announced today that it has raised first quarter earnings per share guidance to $0.45 – 0.49 from $0.40 – 0.45.  The better than anticipated outlook reflects both stronger orders and sales in several short cycle end markets, including Honeywell’s Turbo Technologies and select Automation and Controls Solutions Products businesses, as well as continued execution [...]

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Honeywell Named One of America’s Top 10 Most Inventive Companies by Forbes Magazine

Honeywell was named one of the “Top 10 Most Inventive Companies” in the U.S. by Forbes magazine. According to the article, “The U.S. companies that won the most patents last year also had high earnings and returns on capital, meaning they are good at wringing profits out of the money they invest.” Honeywell holds more [...]

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Honeywell Names Dr. Krishna Mikkilineni and Bask Iyer to Executive Management Team

Honeywell named Krishna Mikkilineni (pictured left) and Bask Iyer (pictured right) to its Executive Management Team, reporting to Chairman and Chief Executive Officer Dave Cote, effective on April 12, 2010.  Larry Kittelberger, Senior Vice President, Technology and Operations, will retire from Honeywell after almost 13 years at the company.  Mikkilineni will become Senior Vice President, [...]

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