ADVFN - Advanced Financial Network.
HOME» NYSE » H » HON Stock Price » HON Stock News

Honeywell Share News

 Honeywell International, Inc. Stock Price
HON Stock Price
 Honeywell International, Inc. Stock Chart
HON Stock Chart
 Honeywell International, Inc. Stock News
HON Stock News
 Honeywell International, Inc. Company Information
HON Company Information
 Honeywell International, Inc. Stock Trades
HON Stock Trades

UPS Adopts Mark-To-Market Accounting Method; Warns Of Weaker 4Q Net

DOW JONES NEWSWIRES United Parcel Service Inc. (UPS) said it is changing the way it accounts for gains and losses related to its pension plans, saying the system is more transparent, but warned of an $827 million pre-tax charge for the change this fiscal year. The change has no effect on the actual pension plans. The shipping company will switch to recording pension-related gains and losses each year, rather than spreading the impact over several years. It follows several other major companies that have recently adopted the accounting method, including Honeywell International Inc. (HON), International Business Machines Corp. (IBM) and AT&T Inc. (T). The accounting change will reduce fourth-quarter earnings by 51 cents a share, but should raise adjusted earnings by 3 cents. Full-year earnings will be reduced by 41 cents, but adjusted earnings will rise by 12 cents. The company previously forecast adjusted earnings of $4.15 to $4.40 for the year. A market-to-market adjustment will be made in the fourth quarter of each year going forward. International growth has kept overall volume rising lately as U.S. volume has stagnated. But, UPS has been increasingly wary of how business in the U.S. will hold up as the economic outlook grows cloudier. UPS has also offset climbing fuel costs with some increased shipping rates. In October, UPS said its third-quarter earnings rose in results the company said were driven by its supply chain/freight segment. Shares closed Thursday at $75.84 and were inactive premarket. The stock is up 6% over the past three months. -By Ben Fox Rubin, Dow Jones Newswires; 212-416-3108; ben.rubin@dowjones.com

Stock News for Honeywell (HON)
DateTimeHeadline
08/24/201617:43:00Honeywell To Present At Vertical Research Partners Industrials...
08/24/201612:56:00Back-To-School Is A Vital Time To Remind Kids And Parents About...
08/23/201609:00:00Honeywell Hardware Awarded Final Certification For Inmarsat's...
08/23/201608:00:00U.S. Army Selects ATEC To Design Dramatically Improved Helicopter...
08/22/201610:00:00Honeywell Receives Awards For Pioneering Environmentally Preferable...
08/22/201608:31:00Gabelli & Company’s 22nd Annual Aircraft Supplier & Connectivity C...
08/22/201606:26:00Today's Top Supply Chain and Logistics News From WSJ
08/19/201616:10:00Honeywell Leaders To Present At Upcoming Investor Conferences
08/19/201610:20:00Blackstone to Back JDA Software
08/19/201610:12:00Blackstone Agrees to New Mountain Capital Proposal to Back JDA...
08/18/201617:30:00Honeywell UOP Introduces Range Of New Hydrotreating Catalysts...
08/18/201616:10:00Blackstone Mulls New Mountain Capital Proposal to Back JDA Software
08/18/201615:49:00Blackstone Mulls New Mountain Capital Proposal to Back JDA Software
08/18/201609:00:00Honeywell's Entire Family of Connected Thermostats Can Make Home...
08/16/201616:05:18Statement of Changes in Beneficial Ownership (4)
08/16/201615:06:00Blackstone Interested in Deal for JDA Software Minority Stake...
08/15/201616:06:51Statement of Changes in Beneficial Ownership (4)
08/15/201603:03:00Honeywell Nears Deal To Buy JDA Software -- WSJ
08/14/201622:50:00Honeywell Nears $3 Billion Deal to Buy JDA Software
08/14/201622:21:00Honeywell Nears $3 Billion Deal to Buy JDA Software -- Source

Honeywell and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad