So far DC's BS is keeping Honeywell's stock price inflated but it's only a matter of time until their GE methods will doom them & go down like the Titanic. bet your sweet a$$ DC & his favorite yes-men will wait until the GOP tax cut bill takes effect and they'll cash out in the most enormous way & pay little or no taxes on the spoils.
Nothing less than white-collar thievery.
Agree. We have met the numbers consistently but with unsustainable actions
If you read articles on Darius his claim to fame is driving up business value for sale. I would expect once spins of Homes and Transportation are done he will be driving the next spinoff or sale of the next part of HON
He doesn't need sustainable actions as the plan is likely be to break up and sell it all in 3 years before outsiders figure out the shell game. GE just waited too long. More spins and sales or divestitures will be in our future
There's a certain amount of truth to the post. GE rode high on Wall Street for a long time by consistently improving earnings per share every quarter no matter what. GE did this often by using the GE Capital piggybank until this was exposed. Honeywell doesn't have that option, so all "leadership" can do is cut costs, and the only way to do that with some certainty to meet near term goals is use RIFs and furloughs.