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MARKET TALK: Moody's Drops Outlook On Diversified Manufacturers

1:18 (Dow Jones) Moody's throws cold water on diversified manufacturers in North America, dropping its outlook for the sector's credit condition to stable to from positive amid expected weakening in economic conditions over the next 12-18 months. Firm expects the sector's pretax operating income to be growing by less than 3% by the end of next year after notching 15% income growth the past 12 months. Expects revenue growth to be equally sluggish by mid-2012. While companies have acknowledged that profit and revenue growth are moderating as the recovery from 2008 recession matures, most haven't warned that performance is about to fall off a cliff. ([email protected]) Call us at 212-416-2184 or email [email protected]

Stock News for Honeywell (HON)
DateTimeHeadline
02/23/201705:00:00Honeywell Announces Energy Management, Carbon Reduction Project...
02/23/201705:00:00Honeywell Announces Energy Management, Carbon Reduction Project...
02/22/201719:30:00Jiangsu Sailboat Petrochemicals Company Starts Honeywell UOP...
02/22/201709:57:00Enterprise Products Chooses Honeywell UOP Technology For New...
02/17/201713:19:00Honeywell To Present At Barclays Industrial Select Conference
02/17/201712:51:00Honeywell Launches New Products, Solutions To Increase Efficiency...
02/16/201716:03:23Statement of Changes in Beneficial Ownership (4)
02/16/201716:02:57Statement of Changes in Beneficial Ownership (4)
02/16/201710:00:00Honeywell Ignites STEM Interest Through Interactive Space Camp...
02/16/201709:38:00India's Jet Airways Joins Growing List Of Airlines Adopting Honeywell's...
02/16/201709:00:00Honeywell Lights Way For Singapore Airport Expansion
02/15/201717:14:02Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/14/201719:30:00Honeywell Technology and Controls Selected for Largest Petrochemicals...
02/14/201708:30:00Honeywell And Seeq Collaborate To Help Industrial Customers Become...
02/13/201710:36:13Amended Statement of Ownership (sc 13g/a)
02/13/201710:00:00Honeywell Material Helping Protect Brazil's Second Largest State...
02/10/201716:45:06Current Report Filing (8-k)
02/10/201716:08:16Annual Statement of Changes in Beneficial Ownership (5)
02/10/201716:07:50Annual Statement of Changes in Beneficial Ownership (5)
02/10/201716:06:59Annual Statement of Changes in Beneficial Ownership (5)

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