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Honeywell International Inc. (NYSE: HON) Goes Down Fighting in the Second Quarter

Honeywell International Inc. (NYSE: HON) Goes Down Fighting in the Second Quarter

Honeywell International Inc. (NYSE: HON) has revealed that its second quarter profit was down 38 percent from last year; a result which could have been worse, had it not been for a number of long term contracts the company won, besides a series of cost cutting measures, which helped it over a period that was marked by a severe economic climate.
Jul 27, 2009
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All is set for Energy Conversion Devices, Inc. (NASDAQ: ENER) to Buy-out Solar Integrated Technologies, Inc. (LON: SIT)

All is set for Energy Conversion Devices, Inc. (NASDAQ: ENER) to Buy-out Solar Integrated Technologies, Inc. (LON: SIT)

Energy Conversion Devices, Inc., or ECD (NASDAQ: ENER) is preparing to take a gamble with a total of $16.3 million from its existing corporate funds on a possible take-over of the assets owned by Solar Integrated Technologies, Inc. (LON: SIT), its erstwhile customer that has lived on financial backwaters over the past five years.
Jul 24, 2009
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FLIR Systems, Inc. (NASDAQ: FLIR) Q2 Profit Advances 25 Percent; Narrows FY 2009 Estimates

FLIR Systems, Inc. (NASDAQ: FLIR) Q2 Profit Advances 25 Percent; Narrows FY 2009 Estimates

With the help of a year-on-year upturn of gross and operating margins in all three of its units, FLIR Systems, Inc. (NASDAQ: FLIR) on Thursday reported a cool 25 percent improvement of second quarter earnings, hitting well within the target of beforehand figures.
Jul 23, 2009
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ABB Ltd (NYSE: ABB) Q2 Results Falls Ahead of the Street View

ABB Ltd (NYSE: ABB) Q2 Results Falls Ahead of the Street View

This year’s second quarter net income of renowned electrical grid transformers maker, ABB Ltd (NYSE:ABB), tumbled 35 percent in the wake of weakening demand, yet the results were enough to surprise analysts and investors alike, owing to its lowered cash burn rate which contained the force of the crash during the period, HotStocked.com can reveal.
Jul 23, 2009
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