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.
Honeywell International Inc. is tapping into a shale-drilling boom by selling customers such as Dow Chemical Co. a technology to convert propane found alongside natural gas into a raw material for plastics.
Jeffrey Immelt, saying he holds few regrets after leading General Electric Co. in 10 years bracketed by terrorism and a nuclear meltdown, predicts a payoff through 2013 as reinvigorated industrial units expand globally.
3M Co.’s Inge Thulin, named today to become chief executive officer Feb. 24, pledged to keep the strategy set by predecessor George Buckley of using research and development and emerging-market expansion to drive growth.