Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, December 10, 2012

Honeywell forecasts slow growth for 2013, (NYSE: HON), (NYSE: IN)

Honeywell International forecast fiscal 2013 profit and revenue largely below estimates and said it agreed to purchase mobile computing devices maker Intermec Inc for $600 million. The company said in a statement it was planning for a "continued slow-growth macro environment in 2013."

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Shares of HON remained unchanged at $61.97. In the past year, the shares have traded as low as $51.43 and as high as $63.89. On average, 3442040 shares of HON exchange hands on a given day and today's volume is recorded at 0.

Shares of IN remained unchanged at $7.98. In the past year, the shares have traded as low as $4.97 and as high as $8.84. On average, 336440 shares of IN exchange hands on a given day and today's volume is recorded at 21800.



Source