Tired of Losses? Try Gigapips!

Stop losing and start earning on Forex with GigaPips MT4 EA. This expert advisor avoids risky strategies like Grid, Hedge, Arbitrage or Scalping. With WinRate above 66%, DrawDown below 38% and yearly profits averaging over 100%. GigaPips is well optimized for XAUUSD H1 using high-quality tick data from DukasCopy since 2016 till present. Features include spread filters, slippage protection, and equity safeguards.

Honeywell Stock Slides After Hours On Updated 2024 Outlook

Adam Eckert
December 02, 2024

Honeywell International Inc (NASDAQ:HON) shares are trading lower in Monday’s after-hours session after the company announced a strategic agreement with Bombardier and cut its near-term 2024 outlook.

What Happened: Honeywell announced the signing of an agreement with jet manufacturer Bombardier to provide advanced technology to current and future Bombardier aircraft.

Under the partnership, the companies will collaborate on the development of Honeywell avionics and work to certify and offer JetWave X for both new production and aftermarket installations. Bombardier will also have access to Honeywell’s full suite of L-Band satellite communications products and antennas.

Honeywell noted that all legacy pending litigation between the two companies has been resolved. The company estimated that the value of the partnership will be around $17 billion over its lifetime.

“This is a tremendous opportunity to co-innovate and advance next-generation technologies, including Anthem avionics and engines,” said Vimal Kapur, chairman and CEO of Honeywell.

“Growing our long-term collaborative relationship with Bombardier is directly connected to Honeywell’s focus on compelling megatrends — automation, the future of aviation, and energy transition.” 

See Also:

As a result of the strategic agreement, Honeywell expects its near-term financials to be negatively impacted. Fourth-quarter revenue is now expected to be approximately $400 million lower than previous guidance, while earnings are expected to be about 47 cents per share lower than previous guidance.

Honeywell lowered its full-year 2024 revenue guidance from a range of $38.6 billion to $38.8 billion to a new range of $38.2 billion to $38.4 billion, versus estimates of $38.69 billion. Honeywell also lowered its full-year earnings outlook from a range of $10.15 to $10.25 per share to a new range of $9.68 to $9.78 per share, versus estimates of $10.19 per share.

Honeywell now anticipates a full-year operating cash flow of $5.8 billion to $6.1 billion and a full-year free cash flow of $4.6 billion to $4.9 billion.

HON Price Action: Honeywell shares were down 2.93% at $223.21 after-hours at publication Monday, per Benzinga Pro.

Photo: Shutterstock.

Continue Reading...

Popular

Wisconsin man accused of setting fire to congressman's office over TikTok ban charged with arson

MADISON, Wis. (AP) — Prosecutors charged a Wisconsin man who allegedly told police he tried to burn down a congressman's office because he was upset with the with multiple counts on Wednesday, including arson.

Starbucks' policy change flushes out a debate over public restroom access

Starbucks’ decision to to paying customers has flushed out a wider problem: a patchwork of restroom policies that has left Americans confused and divided over the loo and when.

How to Invest in Trump's Crypto Revolution with Just $25 - Ad

Since Donald Trump was elected, Bitcoin has soared to over $104,000. That's a six-figure price tag -- PER COIN! But there's a much less expensive -- and better way to take advantage of Trump's crypto revolution. I'm talking about a way to make huge gains with just $25. But you need to be fast.

Intel Vs. AMD: Server Battle, AI Race Frame Earnings Test

Intel and AMD are gearing up to report Q4 earnings. BofA analyst maintains Underperform on Intel and Neutral on AMD, citing market dynamics and M&A hurdles.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Halliburton's Soft Revenue Lags Estimates, Goldman Sachs Analyst Seeks Clarity On 2025 Activities

Halliburton's Q4 revenue misses estimates, while analyst has questions on 2025 growth, Middle East activity, and future capital returns.

Panama, familiar with US intervention, bristles at Trump's comments on canal

PANAMA CITY (AP) — U.S. President Donald Trump’s insistence Monday that he wants to have the Panama Canal back under U.S. control fed nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.S. military intervention.

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

German Opposition Leader Sees Trump's Return as a Clarifying Force for EU

German opposition leader Friedrich Merz, who is seen as the frontrunner to become the country's next chancellor, said that Donald Trump's second term will provide more clarity for the European Union.

Taiwan Semiconductor's Capex Plans Boost These Chip Stocks, Jim Cramer Says

Jim Cramer calls out market reaction to Taiwan Semiconductor's strong earnings and guidance, boosting related companies' stocks.

NJ's $2.4B iGaming Boom: One Stock to Watch - Ad

The iGaming market is rewriting the rules, with New Jersey hitting $2.4B in revenue last year. One company stands out, delivering $2.13 for every $1 spent and expanding into lucrative markets.

Trump to announce newly formed partnership investing $500B in AI

WASHINGTON (AP) — President Donald Trump on Tuesday is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.

Can he do that? Lawyers and lawmakers debate if Trump has authority to suspend the US TikTok ban

On the eve of his inauguration, President Donald Trump said an executive order suspending would be among his . The social media platform and app's ardent users waited Monday evening to learn if he would follow through and if so, what the order might say.

The Stock Driving iGaming's Success - Ad

iGaming is thriving, with NJ hitting $2.4B in revenue. One company leads the pack with 20% retention rates, 60% growth, and expansion into new markets. Tight insider ownership make this stock a standout.

What Melania Trump wore to the inauguration — including the hat

While red baseball caps have become synonymous with President Donald Trump, made her own millinery-related fashion statement, sporting a navy wide-brimmed hat by an American designer

NJ iGaming Hits $2.4b--What's Next? - Ad

New Jersey's $2.4B iGaming milestone highlights an exploding market. One company, focused on VIP players, delivers $2.13 revenue per $1 spent, 20% retention rates, and 60% growth. With a tight share float and LatAm expansion, this stock is a rare gem.

Musk's straight-arm gesture embraced by right-wing extremists regardless of what he meant

NEW YORK (AP) — Right-wing extremists are celebrating Elon Musk’s straight-arm gesture during a speech Monday, although his intention wasn't totally clear and some hate watchdogs are saying not to read too much into it.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

Billionaire Stanley Druckenmiller: Selling This AI Stock Was a 'Big Mistake'

Hedge fund manager Stanley Druckenmiller regrets the decision to sell his fund's stake in Nvidia.

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

Sequel to Prince Harry's feud with British tabloids begins in high-stakes trial

LONDON (AP) — The sequel to begins Tuesday in a high-stakes pitting him against Rupert Murdoch’s newspapers that could cost him millions even if he wins.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

Elon Musk's DOGE Co-Lead Vivek Ramaswamy Expected To Exit Trump Admin Task Force Amid Ohio Governorship Bid

Vivek Ramaswamy, co-leader of President-elect Donald Trump's Department of Government Efficiency, is expected to step down from his position, potentially complicating the administration's ambitious federal spending reduction goals.

Trump's executive order gives TikTok a reprieve. What happens next?

President Donald Trump has of the TikTok ban until early April, but a host of questions remain - including whether Trump has the authority to issue such an order and if TikTok’s China-based parent would be amenable to selling the popular social media platform.

Rural Texas Town Ramps Up Global Currency War - Ad

A small town has joined a radical $1.9 trillion attack on the global banking system... backed up by Elon Musk and the White House.

Robinhood Moves 131 Million DOGE In An Hour: What's Happening?

Online trading platform Robinhood reportedly transferred a whopping 131 million Dogecoin (CRYPTO: DOGE) within the span of an hour, sparking intrigue and

TICKER: REDACTED -- Buy Now! - Ad

This one stock has been responsible for gains of 85% in 14 days, 176% in 5 weeks, 41% in two weeks, 120% in 3 months, 138% in 8 days, 186% in 8 days, 222% in 8 days, and many more... Now, millionaire trader Jeff Clark is revealing his strategy for trading this stock PLUS the full name and ticker symbol for FREE.

Jeff Bezos-Backed Perplexity Reportedly Makes $50 Billion Move To Merge With TikTok, But Elon Musk's X Remains This Analyst's Favorite Bidder

Jeff Bezos-backed Perplexity AI has reportedly submitted a $50 billion bid to merge with TikTok U.S., aiming to create a new entity with ByteDance's investors retaining stakes while boosting Perplexity's video capabilities.

Nvidia's $10 Billion Setback, OpenAI Controversy, And Microsoft's AI Chat Launch: This Week In Artificial Intelligence

From potential sanctions shaking up the semiconductor sector to controversies surrounding AI companies, the news has been abuzz with developments that could have far-reaching implications.

AI-Powered Cameras + Smart Glass = A Potential Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves in two massive markets: AI-powered Advanced Driver Assistance Systems (ADAS) and smart glass technology and this company is poised for substantial growth in the two multi-billion-dollar markets.

FORGET Crypto, FORGET Stocks... Do THIS Instead... - Ad

With everyone scrambling for the next hot AI stock or cryptocurrency... One man is saying FORGET them all. Because his strategy could lead to bigger gains than you'd see from stocks, crypto or anything else you might be seeing. It's shown his readers gains of 85% in 14 days... 55% gains in 2 days... And even 222% in 8 days!

Puerto Rico natural resources chief grilled over order to shelve probe targeting governor's in-laws

SAN JUAN, Puerto Rico (AP) — Puerto Rico senators grilled the island’s newly designated natural resources chief on Tuesday after critics rebuked into allegations of illegal construction in a protected area.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service