My guess is accounts payable, accounts receivable & purchasing will be the first areas to see head count reductions. The goal is to boil the business down to what makes it unique and profitable; the IP. Marketing, sales & engineering are probably safe for the near term. Manufacturing may be another area where consolidation can happen. Putting the common turbine technology aside, it's going to be interesting to see how merging a high volume manufacturer with the Aerospace unit works out. I suspect they are alien cultures.
Honeywell almost got it up today. They must have been buying their own. Will have another opportunity tomorrow. No good news out there to give good feeling.
Going on vacation and bringing bottle of Johnny Walker Blue for the good feeling.
Pretty soon the only hope will be the Santa Claus rally!
Up about 3% today. Breaks out and climbs higher any day now…
Sentiment: Strong Buy
One has to wonder how many jobs will be lost from the merger of Aerospace and Transportation. When its said that these two divisions will work off their combined strengths, it means layoffs.
BWEN Broadwind Energy - profitable for the first time in its history and to stay so in the upcoming quarters with a huge backlog, orders already booked into most of 2015, and in the talks of selling the full production and more. No debt and cash on hand. Stock had a pullback in the last couple months and down to mid $8’s from its 12-mo high of $14. All time high above $200 in 2008. With a low float it won’t take long time to jump above $10 and head north of $16+ $20 and up. Especially with the overall market sell-off in the last couple days they are trying to keep it quiet so they can cover their shorts, accumulate and then sell to retail investors at a higher price with analyst upgrades etc. Check it out! Do your own due diligence and don’t be late and chasing the stock after it takes off!
Sentiment: Strong Buy
there is no way this company is worth 100 bucks a share . 60 is more like it . Hon is like a fat cat . they hire former radio shack executives & make them vice presidents . they sit on their better half with nothing to do . at the end of the month when quotas aren't met , orders on credit review are released just to meet quotas . the Honeywell touch screen thermostats do not work very well .
The "Industrial sector" has had a tough time over the past several market sessions ......
HON is being hurt by sector forces and even overall market forces rather than by its
....if HON gets taken down to under $ 89 I will be a lot more interested.
The business is good.
Don't worry about the hype ....simply watch the tape
Prepare yourself to have the courage to step in & buy when the prices are lower, sometimes much lower
I agree with your thoughts regarding Friday morning's Govt jobs created
number providing added uncertainty to the markets....also institutionals
might not care to be as net long over this weekend as in the recent past.
I am not as worried regarding inflation as you, perhaps, and feel Yellen
will support any signs of a market induced economic breach
HON with a 88 handle would be a nice entry level for adding to positions
We live in interesting times ......the story unfolds soon enough.
Yup - slip sliding away! Looks like a correction is in process. Will buy more if it gets under 90.
Apparently I'm right. Everything I've said has occurred. After a split we'll see upward movement. Let's make this stock more liquid.
With good news this morning and no bad news this afternoon, markets still couldn't get it up. at least Honeywell showing a little interest!
I hear ya. but I keep trying to take advantage of one more up cycle and of course will eventually get burned by a protracted down cycle. Still believe the markets/HON will recover from a correction by the end of the year.
And, yes, still have ability to double up if have to.
hold_upright: Amazing how long you continue to claim a relationship between the stock price and splits. You talk like an amateur investor. You had opportunity to purchase company stock and have held on to it for decades. That is what Honeywell is good for as a long term investment. Slow continuous growth with a nice dividend (which you probably reinvest). Sure there are a few bumps along the way, maybe a rumor of buyout or spinoff, maybe a major economic recession, but there is no lasting impact from a split. Time to get out some books to read about how markets operate or talk to a good financial advisor that can educate you.