Honeywell raises 2018 profit forecast, to get spin-off dividends

Airplane parts maker Honeywell International Inc raised its full-year profit forecast for the fourth time this year on Thursday and said it would receive $3 billion in one-time dividends from units it plans to spin off as part of a company reorganization.

…read more

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News