Tuesday, March 14, 2017

Honeywell International's Adamczyk Takes Over

What happened?

Honeywell International  gave its annual investor conference on Wednesday and updated investors on its 2017 outlook. In a nutshell, there was no change to the guidance given on its first quarter. That said, there is a case for believing that management is being a little conservative with its 2017 guidance, and at the conference management described the oil & gas and defense sectors -- previously problematic for Honeywell -- as improving. On a less positive note, the business-jet market still looks weak, with Honeywell predicting a recovery only toward the end of 2018

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