iBankCoin
Joined Nov 11, 2007
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Honeywell Sees Profits Jump Nearly 12%

“(Reuters) – Honeywell International Inc posted an 11.7 percent rise in quarterly profit, topping Wall Street forecasts, as strong U.S. demand for building-control systems and specialty chemicals offset weakness in Europe.

The company on Wednesday also raised the low end of its full-year profit forecast by 5 cents, and now anticipates 2012 earnings of $4.40 to $4.55 per share, representing growth of 9 percent to 12 percent.”

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