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Industrial Conglomerates

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GE reports quarterly ‍industrial operating + verticals EPS of $0.29​

11:55am BST

Oct 20 (Reuters) - General Electric Co ::Quarterly ‍continuing operations EPS (GAAP) of $0.22​.Quarterly ‍industrial operating + verticals EPS (non-GAAP) of $0.29​.Quarterly total revenues $33.47 billion, up 14 percent.Quarterly orders $29.8 billion, up 11 percent.Says at quarter-end, backlog was $328 billion, up 3 percent.Q3 earnings per share view $0.49, revenue view $32.56 billion -- Thomson Reuters I/B/E/S.General Electric's CEO says "this was a very challenging quarter".General Electric Co CEO says majority businesses had solid q3 earnings performance, offset by decline in "power performance in difficult market".Says EPS impacted by $0.16 in quarter, including impairments of $0.13, higher restructuring and lower gains of $0.03‍​.

Baker Hughes a GE Co Q3 adj. basic earnings per share $0.05

11:45am BST

Oct 20 (Reuters) - Baker Hughes A Ge Co ::Qtrly ‍GAAP loss per share $0.24​.Qtrly ‍revenue of $5.4 billion, down 1% sequentially and flat year-over-year on a combined business basis​.‍"In our Oilfield Services segment, we continue to see growth driven by our well construction business in North America"​.Qtrly ‍adjusted basic earnings per share (a non-GAAP measure) were $0.05​.In Oilfield Services segment, ‍international activity "remains muted" with rig count flat year-to-date.‍"In our Oilfield Equipment segment, subsea market continues to be challenging"​.‍"We expect overall oil and gas environment to remain challenging for rest of year"​.In Oilfield Equipment segment, "activity remains low and price continues to be pressured​".In overall O&G environment, seen some improvement in activity but not seen meaningful increases in customer capital commitments​.In Oilfield Equipment segment, expect subsea market to be challenged in short term, "little sign" of significant recovery in 2018​.Adjusted operating income for Q3 excludes adjustments of $362 million before tax, related to restructuring charges, merger and related costs​.Q3 earnings per share view $0.11, revenue view $5.53 billion -- Thomson Reuters I/B/E/S.

Honeywell reports quarterly earnings per share of $1.75

11:30am BST

Oct 20 (Reuters) - Honeywell International Inc :Honeywell delivers earnings per share of $1.75 and sales of $10.1 billion.Reaffirms FY earnings per share view $7.05 to $7.10 excluding items.Honeywell - qtrly segment margin ‍18.7 percent versus 17.5 percent.Honeywell - qtrly aerospace segment sales $3,657 ‍​million versus. $3,601 million.Honeywell - qtrly earnings per share ex-divestitures & additional 3Q17 restructuring, normalized for tax, was $1.75‍​.Q3 earnings per share view $1.75, revenue view $10.01 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $7.09 -- Thomson Reuters I/B/E/S.

Toshiba updates on preliminary injunctive relief brought by Western Digital

Tuesday, 18 Jul 2017

July 17 (Reuters) - Toshiba Corp <6502.T>:Toshiba updates on preliminary injunctive relief brought by Western Digital.At July 14 hearing, superior court of California did not rule on Western Digital's injunction request.Says agreed not to close deal before July 28 hearing.Toshiba - court suggested cos work on agreement on court's proposal for Toshiba providing with two weeks' advance notice on closing memory business sales.Says Toshiba's current target is to close deal by end of March 2018.

Icahn Enterprises provides update on arrangements with Brett Icahn, David Schechter

Monday, 26 Jun 2017

June 26 (Reuters) - Icahn Enterprises LP ::Icahn Enterprises L.P. provides update on arrangements with Brett Icahn and David Schechter.Icahn Enterprises LP - ‍entered into an agreement with David Schechter, former co-manager of Sargon Portfolio​.Icahn Enterprises LP - previously disclosed consulting agreement between Icahn Enterprises and David Schechter has been terminated by mutual agreement.Icahn Enterprises - previously disclosed consulting agreement between co & Brett Icahn, former co-manager of Sargon Portfolio, remains in effect.Icahn Enterprises LP - ‍icahn Enterprises to provide seed capital in connection with launch of a new private investment management business by Schechter​.

Mitsubishi Heavy Industries to combine shipbuilding design, engineering workforces-Nikkei

Friday, 2 Jun 2017

June 2 (Reuters) - Nikkei::Mitsubishi Heavy Industries will consolidate shipbuilding design and engineering workforces as part of effort to revive its vessel business - Nikkei.Mitsubishi Heavy's center may also design vessels ordered for Imabari or Namura - Nikkei.Mitsubishi Heavy Industries engineers at various shipyards to be brought under new vessel, marine technology center in yokohama as of July 1 - Nikkei.Mitsubishi Heavy Industries' new vessel & marine technology center will also tie up with peers like imabari shipbuilding, namura shipbuilding - Nikkei ‍​.

Honeywell CEO sees "opportunity to simplify portfolio" - EPG 2017 Conf

Tuesday, 23 May 2017

May 23 (Reuters) - Honeywell International Inc :Honeywell CEO says aerospace restructuring is "interesting" and sees "opportunity to simplify portfolio".Honeywell CEO Darius Adamczyk says being in too many markets is not a great thing.Honeywell CEO Darius Adamczyk says smaller end markets that don't move the "needle much" can become a distraction; says would like to focus on markets that matter to co.Honeywell CEO Darius Adamczyk says critical for co to be successful in becoming a software industrial; says reviewing co's portfolio, and will shape it over course of next 2-3 years.

Honeywell reaffirms full year 2017 guidance - presentation

Tuesday, 23 May 2017

May 23 (Reuters) - Honeywell International Inc ::Sees Q2 earnings per share $1.75 - $1.80 - Electrical products group conference presentation.Sees Q2 sales $9.7 billion - $9.9 billion.Q2 earnings per share view $1.78, revenue view $9.86 billion -- Thomson Reuters I/B/E/S.Sees Q2 organic sales to be flat to up 2 percent.Sees Q2 earnings per share up 7 percent - 10 percent ex-divestitures.Reaffirming full year 2017 guidance.FY2017 earnings per share view $7.09, revenue view $39.35 billion -- Thomson Reuters I/B/E/S.Says continuing previously initiated strategic portfolio review; expect to complete assessment by fall.

Toshiba shares untraded with glut of sell orders in afternoon session

Tuesday, 14 Feb 2017

Toshiba Corp <6502.T> :shares untraded with glut of sell orders in afternoon session.

West Japan Railway to buy 70 pct stake in unit of Mitsubishi Heavy Industries

Monday, 31 Oct 2016

West Japan Railway Co <9021.T> : Says co plans to acquire a 70 percent stake in a Tokyo-based real estate agency (target company) which is the sub-subsidiary of Mitsubishi Heavy Industries Ltd <7011.T>, on Feb. 1, 2017 . Says transaction amount is 97 billion yen . Mitsubishi Heavy Industries plans to spin off real estate and related business to the target firm effect on Jan. 1, 2017 .Co will hold a 70 percent stake in the target company up from 0 percent.

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