Honeywell Posts Rise in Profit and Raises Outlook
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Net income at the manufacturer grew 14 percent to $618 million, driven by growth in sales to commercial, defense and space markets.
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Boeing Co. BA.N on Wednesday topped  expectations with a 78 percent jump in quarterly profit on  strength in its defense operations, and raised its earnings  forecast for 2004.
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Diversified manufacturer Honeywell International Inc  said quarterly profit rose nearly 18 percent, with sales up across all its units, sparking a 4 percent rise in the stock in early trading.
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Security software maker Symantec Corp   reported a rise in quarterly profit on Wednesday,  boosted by overseas sales, and forecast current-quarter results  above Wall Street estimates, sending its shares up 9 percent.
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Insurer UnitedHealth Group Inc.   said on Thursday that second-quarter profit rose,  helped by higher premium revenue and favorable operating  margins.
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Honeywell International Inc. (HON.N: Quote, Profile, Research) on Wednesday said third-quarter earnings rose 8 percent, led by demand for aerospace equipment and car
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Diversified manufacturer Honeywell International Inc. (HON.N: Quote, Profile, Research) posted an 8 percent rise in third-quarter profit on Wednesday as strong demand for aerospace equipment and car components boosted sales.
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Lockheed Martin Corp , said on Tuesday third-quarter profit rose a greater-than-expected 22 percent, and it slightly raised its full-year earnings forecast, on the back of higher sales of its jet fighters and electronic warfare systems.
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U.S. blue chips rose on Wednesday, as earnings by aircraft manufacturer Boeing Co.  beat forecasts and a robust report on economic growth reinforced optimism for the corporate profit outlook.
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Honeywell International Inc.  expects earnings to rise 13 percent to 17 percent in 2007, but high commodity and energy costs will keep margins under pressure, the diversified manufacturer said on Thursday.
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Boeing Co. BA.N on Wednesday  reported a higher third-quarter profit on revenue growth in its  defense business and strong performance in its commercial  aircraft building operations, and said it raised its earnings  forecast for 2004.
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Honeywell International Inc  on Thursday forecast 2008 profit growth of 16 percent to 21 percent, broadly above Wall Street estimates, with strength in its aerospace business and continued growth in emerging markets offsetting a slowing U.S. economy.
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U.S. stocks gained on Friday as  investors were cheered by data on producer prices and  industrial output which indicated healthy, noninflationary  economic growth and boosted cyclical shares such as Honeywell  International Inc. HON.N.
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First Industrial Realty Trust FR.N  on Monday raised its profit forecast for the third quarter and  full year, citing higher gains from the sale of properties  owned by its joint venture.
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Boeing Co. on Wednesday topped Wall Street expectations with a 78 percent jump in quarterly profit on strength in its defense operations, and raised its earnings forecast for 2004.
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Diversified manufacturer Honeywell International Inc  said on Friday profit rose 14.2 percent amid continued strong demand from the aerospace and commercial construction sectors, but results were slightly below Wall Street's expectations.
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Healthy sales of software and technology services helped fourth-quarter profit rise 12 percent at I.B.M., which had already disclosed that the results would be way ahead of analystsâ forecasts.