Honeywell International Inc. forecast a 13 percent rise in 2012 earnings as emerging-market growth offsets a slump in Europe and increased demand for commercial aircraft boosts profit at its aerospace unit.
Honeywell International Inc., the maker of products from thermostats to cockpit controls, predicts the U.S. will grow at a slower pace this year than economists estimate as Congress continues to grapple over spending.
Whitman Capital LLC’s Doug Whitman used illegal tips from company “moles” to make trades on Polycom Inc., Google Inc. and Marvell Technology Group Ltd., a prosecutor told jurors at the end of the hedge-fund manager’s criminal trial.
Dresser-Rand Group Inc., with one of the best sales outlooks among makers of oilfield equipment, is turning into a takeover candidate for buyers such as Siemens AG, National Oilwell Varco Inc. and Cameron International Corp.
Cortec Mining Kenya Ltd. will start producing niobium, used to make alloys for jet engines and to strengthen steel, next year after gaining the final approval it needs from environmental regulators to begin digging the ore.
Dave Cote has won analysts’ support for his view that Honeywell International Inc. is on a path to higher margins and revenue growth that merit a premium stock valuation. Converting investors may prove tougher.