15.12.2014 - Honeywell lowered sales forecasts
The American company Honeywell said on Monday about the decline of forecasts for sales in 2015. In the current quarter profit forecast was reduced to 10.1-10.2 billion dollars, 0.2 billion worse than previous estimates. In 2015, the company expects to receive 40,5-41,1 billion revenue, versus previously expected 41.97 billion. It is worth noting that during the year the company's shares rose by only 4.9%. We recommend to open short positions with the potential reduction by 10-13% in the medium term.