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Honeywell says on track to 2014 targets despite headwinds

Honeywell repeated its previously issued estimate for FY14 revenue of $40.3B-$40.7B and FY18 revenue of $46B-$51B. Honeywell identified about $3B of 2014 headwinds, including lower global growth and unfavorable foreign exchange, partially offset by over $1.5B of tailwinds, including more M&A. Information from slides for presentation at the J.P. Morgan Industrials conference.