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Honeywell Cuts Sales
Honeywell lowers sales, profit forecasts after Bombardier agreement
Honeywell on Monday cut its profit and sales forecasts for the fourth quarter and the full year to take into account investments associated with an agreement to provide aviation-related technology for Bombardier's aircraft.
Honeywell Cuts Sales, Profit Outlook After Bombardier Deal
KEY TAKEAWAYS Honeywell International cut its full-year sales and earnings outlook following an aviation technology partnership the conglomerate struck with Canada's Bombardier.Honeywell said that required investments of its tie-up with the Canadian aircraft maker will affect its results and lowered its guidance for the second time since October.
Honeywell Lowers Full-Year Outlook Amid Bombardier Partnership Impact
Honeywell International (HON) lowered its fourth-quarter and full-year outlook as the industrial conglomerate agreed to provide aviation-related technology to Canadian aircraft manufacturer Bombardier,
Honeywell cuts guidance as Bombardier partnership to lift investment costs
Honeywell International Inc (NASDAQ:HON) cut its annual guidance on Monday after the jet engine maker struck an investment-heavy partnership with Bombardier aircraft that is expected to keep a lid on its bottom line.
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