Xylem Inc., a New York water technology company, wants to increase its revenue from emerging markets, according to a Citigroup Inc. analyst, citing a management dinner with new Chief Executive Officer Patrick Decker.
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.
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.