Honeywell Q3 Profit Declines, Yet Tops View; Lifts FY10 Outlook – Update
Diversified technology company Honeywell International Inc. reported Friday a decline in third-quarter profit, despite higher revenues, reflecting pension accounting expenses. Earnings per share as well as revenues exceeded analysts’ consensus estimates. Further, the company said it now expects higher earnings than its previous forecast. For the third quarter, earnings attributable to the …
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