Apr 24th, 2009 - Wall Street Journal
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Honeywell International Inc.'s first-quarter net income fell 38% on a drop in sales volume, prompting the diversified manufacturer cut its full-year outlook.
Still, Honeywell's shares were recently up 1.9% at $33 in premarket trading.
Big-name manufacturers and industrial conglomerates have experienced a steep drop in orders, which led to production cuts and downbeat expectations for this year.
Chairman and Chief Executive Dave ...
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Apr 24th, 2009 - Wall Street Journal
(Adds comments from interview with Chief Financial Officer Dave Anderson beginning in the fourth paragraph.) Honeywell International Inc.'s (HON) first-quarter net income fell 38%, in line with what the company told investors in February...
Honeywell 1Q Net Falls 38%, Cuts Full-Year Outlook
Apr 24th, 2009 - Wall Street Journal
(Updates with additional comments from the chief executive, adds comments from the chief financial officer.) Honeywell International Inc.'s (HON) first-quarter net income fell 38%...