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Honeywell, Bombardier
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration with jet maker Bombardier announced earlier in the day.
Honeywell Cuts Sales, Profit Outlook After Bombardier Deal
KEY TAKEAWAYS Honeywell International cut its full-year sales and earnings outlook following an aviation technology partnership the conglomerate struck with Canada's Bombardier.Honeywell said that required investments of its tie-up with the Canadian aircraft maker will affect its results and lowered its guidance for the second time since October.
Honeywell’s Investments in Bombardier Partnership Prompt Outlook Cut
Honeywell International signed a strategic agreement with Bombardier, prompting the industrial conglomerate to once again cut its guidance and its stock price to fall.
Honeywell Signs Deal With Bombardier to Offer Aviation Technology
Honeywell International Inc. HON recently entered into a collaboration with Bombardier to offer avionics, propulsion and satellite communication technologies for the latter’s existing and future aircraft.
Honeywell Lowers Full-Year Outlook Amid Bombardier Partnership Impact
Honeywell International (HON) lowered its fourth-quarter and full-year outlook as the industrial conglomerate agreed to provide aviation-related technology to Canadian aircraft manufacturer Bombardier,
2d
Honeywell to sell PPE business for $1.3B
The sale aligns with the company’s plans to exit the personal protective equipment industry and focus on automation, aviation ...
13d
Honeywell to exit PPE sector with $1.3B sale of business unit
The Charlotte-based conglomerate announced today that it reached a deal to sell its Personal Protective Equipment business to ...
18h
Honeywell International Inc. stock outperforms competitors despite losses on the day
Shares of Honeywell International Inc. HON slipped 1.52% to $226.29 Thursday, on what proved to be an all-around rough ...
1d
Honeywell’s Strategic R&D Collaboration with Bombardier: Balancing Short-Term Challenges and Long-Term Growth Opportunities
Christopher Snyder, an analyst from Morgan Stanley, maintained the Hold rating on Honeywell International (HON – Research Report). The ...
Seeking Alpha
1d
Honeywell International Inc. (HON) Goldman Sachs Industrials and Materials Conference Transcript
Really excited to kick off day two with Vimal Kapur, the Chair and CEO at
Honeywell
. Vimal, I know you wanted to ... So, that's helping the
products
in building automation are trending up, but ...
3d
Honeywell Stock Slides After Hours On Updated 2024 Outlook
Honeywell International Inc (NASDAQ:HON) shares are trading lower in Monday's after-hours session after the company announced ...
Globalair
3d
Bombardier, Honeywell reach agreement to deliver next-gen aviation technology
With the new agreement, Honeywell will provide Bombardier with advanced technology for current and future aircraft. As the ...
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