Senior Leadership Changes, Events, Appointments, Earnings Results Schedules, and Stock Price Updates - Analyst Notes on Honeywell, Raytheon, Eaton, Illinois and Cummins
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Honeywell International Inc. (NYSE: HON), Raytheon Co. (NYSE: RTN), Eaton Corporation (NYSE: ETN), Illinois Tool Works Inc. (NYSE: ITW) and Cummins Inc. (NYSE: CMI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1076-100free.
Honeywell International Inc. Analyst Notes
On April 7, 2014, Honeywell International Inc. (Honeywell) announced several senior leadership changes, effective immediately. The Company informed that Roger Fradin and Andreas Kramvis have been promoted to Vice Chairman of Honeywell. Fradin will be mainly responsible for advancing the Company's merger and acquisition strategy toward its recently announced 5-year target of $10 billion, High Growth Regions expansion, and improving internal operations. According to Honeywell, Kramvis will use his expertise to enable the global deployment of HOS Gold, improving the productivity and quality of software development processes, and drive High Growth Regions expansion. Besides, Alex Ismail has been named as President and CEO of ACS which will comprise Honeywell Building Solutions and the Energy, Safety, and Security (ESS) businesses; and Darius Adamczyk has been named President and CEO of PMT which now includes HPS, UOP, and Advanced Materials. The full analyst notes on Honeywell are available to download free of charge at:
http://www.analystsreview.com/1076-HON-14Apr2014.pdf
Raytheon Co. Analyst Notes
On April 7, 2014, Raytheon Co. (Raytheon) announced the celebrations of National Volunteer Week through April 12, 2014. In view of the celebrations, the Company is recognizing employees dedicated to volunteerism, celebrating volunteers across communities, and recommitting to the core corporate value of volunteerism through the Company's partnership with US2020, the White House-sponsored mentoring initiative. Almost 500 Raytheon employees were recognized with the U.S. Presidential Volunteer Service Award for their exemplary commitment to volunteer efforts over the past year, while inspiring others to engage in service. According to the Company, the award is an initiative of the Corporation for National and Community Service and is administered by the Points of Light Institute. During National Volunteer Week, the Company's employees across the country are volunteering their time with MathMovesU initiatives: mentoring robotics teams, judging cyber competitions, and mentoring students in math and science subjects. The full analyst notes on Raytheon are available to download free of charge at:
http://www.analystsreview.com/1076-RTN-14Apr2014.pdf
Eaton Corporation Analyst Notes
On April 9, 2014, Eaton Corporation (Eaton) appointed Lasse Ostergaard as Vice President of the Aerospace Group's Aftermarket Division, a new organization focused on accelerating market growth and enhancing service and support for Eaton's commercial and military aftermarket customers. The Company informed that Ostergaard reports to Uday Yadav, President of Eaton's Aerospace Group, and is based in Irvine, California. Commenting on the appointment, Uday Yadav, said, "Lasse's leadership style and in-depth aerospace industry knowledge make him an excellent choice to lead Eaton's new Aftermarket Division and to deliver best-in-class results for our aftermarket customers." In his new role, Ostergaard has direct responsibility for three key support functions: Aftermarket Sales and Marketing, Customer Service, and Engineering and Programs. He also has functional responsibility for Aftermarket Division operations. The full analyst notes on Eaton are available to download free of charge at:
http://www.analystsreview.com/1076-ETN-14Apr2014.pdf
Illinois Tool Works Inc. Analyst Notes
On April 8, 2014, Illinois Tool Works Inc. (Illinois) announced that it has scheduled its Q1 2014 conference call on Tuesday, April 22, 2014. The Company informed that conference call will begin at 9 a.m. (CT) and will follow the Company's release of Q1 2014 earnings at 7 a.m. (CT) on that same day. In its Q4 2013 earnings release dated January 28, 2014, the Company expected Q1 2014 EPS to be in the range of $0.93 to $1.01 and total revenue growth for Q1 2014 in a range of 3% to 6%. According to Zacks Investment Research data, the consensus EPS estimate for Q1 2014 is $0.98. The full analyst notes on Illinois are available to download free of charge at:
http://www.analystsreview.com/1076-ITW-14Apr2014.pdf
Cummins Inc. Analyst Notes
On April 9, 2014, the shares of Cummins Inc. (Cummins) gained 0.83% to close at $147.92. During the session, the Company's shares opened at $146.96 and oscillated in the range of $146.36 - $148.50. The shares are trading near their 52-week high of $151.00. Over the previous 12 months, the shares of Cummins increased 25.25%, compared to the NYSE Composite which increased 14.86% during the same period. The full analyst notes on Cummins are available to download free of charge at:
http://www.analystsreview.com/1076-CMI-14Apr2014.pdf
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