Honeywell International Inc, which makes airplane cockpit parts and a host of other electronics and equipment, said on Thursday its quarterly profit jumped 5 percent. The company posted first-quarter net income of $1.02 billion, or $1.30 per share, compared with $966 million, or $1.23 per share, in the year-ago quarter.Net sales rose 4 percent to $9.68 billion.
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 traded higher by 1.73% or $1.59/share to $93.30. In the past year, the shares have traded as low as $70.92 and as high as $95.91. On average, 3160870 shares of HON exchange hands on a given day and today's volume is recorded at 3462941.
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