Honeywell sees higher 2008 profit
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Diversified manufacturer Honeywell International Inc  said on Thursday that it expected to report 2008 profit of $3.65 to $3.80 per share, up 16 percent to 21 percent from forecast 2007 earnings, on favorable macro trends and productivity improvements.
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Diversified manufacturer General  Electric Co.  aims to boost operating profit to 16  percent of sales in 2007, 17 percent in 2008, and 18 percent in  2009, a top company official said on Wednesday.
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The toymaker, which has avoided the recalls that plagued many of its competitors, said its fourth-quarter profit rose 24 percent on a 16 percent increase in sales.
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Honeywell International Inc. HON.N on  Wednesday said third-quarter earnings rose 8 percent, led by  demand for aerospace equipment and car components, but its  profit forecast lagged many analysts' estimates, dragging the  stock down 5.5 percent.
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US aerospace giant Boeing raises its forecasts for the year after unveiling higher-than-expected profits.
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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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Boeing Co  said on Wednesday fourth-quarter profit rose, helped by strong sales of its commercial aircraft.
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Diversified manufacturer Honeywell International Inc  said quarterly profit rose 17.8 percent, matching Wall Street's expectations, with sales and profits up across all its business units.
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IBM  on Thursday forecast  2008 earnings well ahead of Wall Street expectations after  results showing a strong international performance, and its  shares rose 5 percent.
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The home furnishings retailer reported quarterly profit of $25.97 million on an improvement at its Pottery Barn chain, sending its shares up as much as 11 percent.
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Diversified manufacturer Honeywell International Inc. (HON.N: Quote, Profile, Research) posted a rise in quarterly profit as strong demand for aerospace equipment and automobile components
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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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Nucor Corp., one of the largest U.S.  steel producers, on Thursday reported a more than 25-fold  increase in quarterly profit due to high steel prices, and said  it expected demand to remain strong next year.
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Lockheed Martin Corp. , the world's No. 1 defense contractor, on Tuesday reported a greater-than-expected 34 percent rise in second-quarter profit, helped by higher revenue from its combat aircraft and electronic systems units and lower pension costs.
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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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The Dow industrials briefly turned positive on Thursday as an upbeat profit forecast felled gains in the shares of diversified manufacturer Honeywell Inc .
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Higher prices and increased marketing helped sales, and it raised its full-year 2008 forecast.