Honeywell profit up, but stock slides
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Diversified manufacturer Honeywell International Inc  on Friday reported quarterly results that missed Wall Street estimates, hampered by lower profit at its transportation business and higher raw material and research and development costs.
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The household appliance maker cited strong international growth and cost controls, but sales came in shy of Wall Street expectations, hurt by a weak U.S. market.
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Diversified manufacturer Honeywell  International Inc.  said on Thursday quarterly net  profit rose 17 percent, boosted by strong demand from the  aerospace and construction industries.
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The home-furnishings retailer said first-quarter profit rose after customers bought less bedding and curtains as home sales slowed.
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The investment firm posts a strong profit report, but shares slid.
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Robust demand for military equipment and technology led two arms makers to post higher quarterly profit yesterday, with Boeing reporting a 78 percent jump in earnings despite a decline in commercial airplane revenue.
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Amazon.com Inc (AMZN.O: Quote, Profile, Research) on Thursday posted a higher quarterly profit but its stock fell more than 4 percent as the online retailer&#39;s results failed to top Wall Street expectations.
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U.S. tech stocks rose on Wednesday after Cisco Systems Inc.'s  strong profits and outlook reinforced optimism about earnings. But blue chips fell as tumbling oil prices hurt energy companies' shares.
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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 4.6 percent rise in its shares on Friday.
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Diversified manufacturer United  Technologies Corp. UTX.N posted a rise in quarterly profit,  helped by strong infrastructure demand and a recovery in its  aerospace business, the company said on Wednesday.
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U.S. manufacturer Honeywell International Inc.  on Monday bid &#36;1.5 billion in cash for Britain's Novar Plc  in an effort to bolster its security business and raise 2005 earnings, which are forecast to be at the low end of analysts' estimates.
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U.S. blue chip stocks fell on Wednesday after Honeywell International Inc.  and J.P. Morgan Chase & Co.  had quarterly reports that disappointed investors, while oil prices hovering at &#36;55 per barrel sparked fresh worry about higher corporate energy costs.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its 787 Dreamliner.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled, and its shares topped $100 in regular trading, but the stock fell back to $90 as concerns over margins overshadowed an otherwise strong quarter.
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U.S. stocks rose sharply on Thursday as large-cap companies such as IBM  and Honeywell International Inc.  reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.
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LONDON/NEW YORK  - U.S. manufacturer Honeywell  International Inc. HON.N on Monday bid $1.5 billion in cash  for Britain's Novar Plc NVR.L in an effort to bolster its  security business and raise 2005 earnings, which are forecast  to be at the low end of analysts' estimates.
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U.S. stocks climbed on Wednesday,  helped by better-than-expected earnings from Google Inc.  GOOG.O and Boeing Co. BA.N, but some investors were  cautious ahead of remarks from the Federal Reserve that would  signal the pace of future interest rate hikes.