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Honeywell Sees Continued Margin Improvement in Aero Unit In 2020 - Conf Call

Thursday, 17 Oct 2019

Oct 17 (Reuters) - Boeing Co ::HONEYWELL SAYS DOES NOT EXPECT A SIGNIFICANT IMPACT TO THE COMPANY'S OPERATIONS IN 2019 DUE TO THE GROUNDING OF BOEING'S 737 MAX JETS.HONEYWELL SAYS IT REMAINS "SOMEWHAT CAUTIOUS" IN ITS OUTLOOK GIVEN THE CONTINUED UNCERTAINTY IN THE MACRO ENVIRONMENT, BUT ADDS THAT FULL YEAR CONTINUES TO BE "SOLIDLY" ON TRACK- CONF CALL.HONEYWELL SAYS IN 2020 GROWTH OUTLOOK FOR THE OVERALL ECONOMY WILL NOT BE AS ROBUST AS IT HAS BEEN IN 2018 AND 2019.HONEYWELL SAYS COMMERCIAL AFTERMARKET ACTIVITY IN 2020 WILL BE DRIVEN BY INCREASES IN FLIGHT HOURS THOUGH AT A SLOWER PACE.HONEYWELL SAYS WILL CONTINUE MARGIN IMPROVEMENT IN 2020 THOUGH LIKELY AT A SLOWER PACE THAN 2019 IN AERO UNIT.HONEYWELL SAYS NONRESIDENTIAL CONSTRUCTION GROWTH WITH SLIGHT MODERATION SHOULD ENABLE CONTINUED DEMAND FOR BUILDING TECHNOLOGIES, PRODUCTS AND SERVICES IN 2020.HONEYWELL SAYS IN PMT UNIT, CO EXPECTS PROCESS AUTOMATION TO CONTINUE TO GROW IN 2020, DUE TO CONTINUED STRONG ORDERS IN BACKLOG.HONEYWELL SAYS IN PMT UNIT, MACRO DATA SUGGESTS THAT THE SOFTER MARKET IN THE U.S. MIDSTREAM OIL AND GAS CONTINUES, WHICH WILL AFFECT THE GAS PROCESSING BUSINESS IN 2020.HONEYWELL SAYS NEGATIVE IMPACT AT ADVANCED MATERIALS FROM ILLEGAL IMPORTS OF HFCS INTO EUROPE WHILE BEING PROACTIVELY ADDRESSED WILL LIKELY CONTINUE INTO 2020.HONEYWELL SAYS IN SPS BUSINESS, PRODUCTIVITY PRODUCTS IS PROGRESSING ON ITS TURNAROUND, AND CO EXPECTS TO RETURN TO GROWTH AND MARGIN EXPANSION DURING 2020.

Textron Reports Third Quarter 2019 Results

Thursday, 17 Oct 2019

Oct 17 (Reuters) - Textron Inc ::TEXTRON REPORTS THIRD QUARTER 2019 RESULTS.SEES FY 2019 EARNINGS PER SHARE $3.70 TO $3.80.FULL-YEAR EPS GUIDANCE NARROWED TO A RANGE OF $3.70 TO $3.80.Q3 EARNINGS PER SHARE $0.95.Q3 EARNINGS PER SHARE ESTIMATE $0.85 -- REFINITIV IBES DATA.FULL-YEAR CASH FLOW GUIDANCE REVISED TO A RANGE OF $600 TO $700 MILLION.TEXTRON AVIATION BACKLOG AT END OF Q3 WAS $1.9 BILLION.BELL BACKLOG AT END OF Q3 WAS $5.6 BILLION.TEXTRON - QTRLY REVENUE $3,259 MILLION VERSUS $3,200 MILLION.Q3 REVENUE VIEW $3.32 BILLION -- REFINITIV IBES DATA.TEXTRON - REVISED ITS EXPECTATION FOR FY MANUFACTURING CASH FLOW BEFORE PENSION CONTRIBUTIONS TO $600 TO $700 MILLION, FROM $700 TO $800 MILLION.

Kraken Announces Preliminary Record Q3 Revenue Of $7.6 Mln to $7.8 Mln

Wednesday, 16 Oct 2019

Oct 16 (Reuters) - Kraken Robotics Inc ::KRAKEN ANNOUNCES PRELIMINARY RECORD Q3 REVENUE OF $7.6 - $7.8 MILLION.KRAKEN ROBOTICS MAINTAINS GUIDANCE FOR 2019 REVENUE OF $15 MILLION, ANTICIPATES BEING PROFITABLE FOR YEAR.KRAKEN ROBOTICS - RESULTS REFLECT RAMP OF SHIPMENTS OF DEEP-SEA BATTERIES TO CUSTOMER DURING QUARTER.

Chemring Group Says Director Bought 15,000 Shares Of Co

Monday, 14 Oct 2019

Oct 14 (Reuters) - Chemring Group PLC ::CHEMRING SAYS ON OCT 11, DIRECTOR LAURIE BOWEN BOUGHT 15,000 SHARES OF CO AT AVERAGE PRICE OF $2.51 (EQUIVALENT TO 198P) PER SHARE - FILING.

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