James Dimon has succeeded in his quest to keep both the CEO and Chairman role. What became a media frenzy, we found a bit boring and lame. As we noted, many other large financial companies have a dual CEO/Chairman (see chart below). Putting that aside, for some reason pundits believed if the roles were separated corporate governance would improve at JPMorgan Chase & Co. (NYSE:JPM). This seems unlikely but aside what happens now? First a summary...
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Post Market News Stocks that were active in U.S. trading on Friday include Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), International Business Machines Corp. (NYSE:IBM), General Electric Company (NYSE:GE), Honeywell International Inc. (NYSE:HON) and Dell Inc. (NASDAQ:DELL). Market Levels U.S.: Dow Jones: 14,534.11 (0.02%), S&P 500: 1,555.14 (0.88%), Nasdaq: 3,206.06 (1.25%) World Markets: Shanghai: 2,244.64 (+2.14%), Nikkei 225: 13,316.48 (+0.73%), Hang Seng Index: 22,013.57 (+2.33%), TSEC: 7,930.80 (+1.79%), FTSE 100: 6,286.59 (+0.69%), EURO STOXX 50: 2,575.16 (+0.77%), BSE Sensex: 19,016.46 (+1.52%) Metals: Gold: 1,392.50...
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Honeywell International Inc. (NYSE:HON) reported its earnings before opening bell this morning, reporting net income of $966 million and earnings per share of $1.21 on revenue of $9.3 billion. That’s compared to the consensus of $1.14 earnings per share on $9.4 billion in revenue. The company’s earnings per share grew 12 percent, and its segment margin rose by 100 basis points to 16.2 percent. In the same quarter a year ago, Honeywell reported $1.04...
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Friday morning sees a host of big names reporting earnings including Baker Hughes Incorporated (NYSE:BHI), General Electric Company (NYSE:GE), Honeywell International Inc. (NYSE:HON), McDonald’s Corporation (NYSE:MCD), Schlumberger Limited. (NYSE:SLB), State Street Corporation (NYSE:STT). Here’s a look at the past performance of those companies, and what to expect from their first quarters. Baker Hughes Incorporated (NYSE:BHI): The oilfield services company will announce its earnings for the first three months of 2013 on Friday morning. Analysts...
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Honeywell International Inc. CEO David Cote spoke with FOX Business Network’s (FBN) Liz Claman and David Asman about President Barack Obama’s meeting yesterday with CEOs to discuss the economic recovery. Honeywell International Inc. (NYSE:HON) said he came away from the meeting “feeling very encouraged.” He went on to say that, “There’s a broader agenda here for the twelve people who were in there and for our ‘Fix the Debt’ organization than people might think sometimes. There...
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Today is another earnings day. The amount of big companies reporting is smaller than prior days, but some key companies will be reporting Q3 earnings. We highlight the companies below, provide estimates, and potential headwinds. The biggest US companies reporting earnings before the market opening bell; General Electric Company (NYSE:GE), McDonald’s Corporation (NYSE:MCD), Honeywell International Inc. (NYSE:HON), Ingersoll-Rand PLC (NYSE:IR), Schlumberger Limited. (NYSE:SLB), Baker Hughes Incorporated (NYSE:BHI), Air Products & Chemicals, Inc. (NYSE:APD), and Parker Hannifin Corporation (NYSE:PH). Earnings Calendar for Friday, October...
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Today at 4pm ET, Bloomberg Television’s Trish Regan sits down with four CEOs for a special edition of “Street Smart” focused on fixing the country’s debt. Tune in to hear from BlackRock, Inc. (NYSE:BLK) CEO Larry Fink, NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) CEO Bob Greifeld, United Parcel Service, Inc. (NYSE:UPS) CEO Scott Davis and Honeywell International Inc. (NYSE:HONCEO) David Cote, who are all part of the Fix the Debt campaign. The CEOs agree: It’s...
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