Honeywell (NYSE: HON) today reaffirmed its 2008 financial guidance. The company expects sales of approximately $36.6 billion, earnings per share of $3.76-3.80, and free cash flow of $3.2 billion, excluding cash taxes relating to the sale of the Consumable Solutions business (cash flow from operations of $4.0 billion).
Norske Skog has bought back bonds totalling NOK 10 million (par value) in NSG 13 (NO 001 024 2539). This loan matures on October 26, 2009.
Norske Skog has bought back bonds totalling USD 54.4 million (par value) in a USD bond loan maturing on Oct 15, 2011. Together with earlier purchase, Norske Skog’s own holding now amounts to USD 141 million, and the residual loan is USD 459 million.
Finds Healthier-than-expected Market
Canon Inc. announced today that it would delay the construction and start of operation of Nagasaki Canon Inc., the manufacturing base in Higashi Sonogi-gun, Nagasaki Prefecture, established in July this year.
Robert M. Williamson, an internationally known educator, consultant, and author of books including Total Productive Maintenance (TPM) and Lean Equipment Management, has been named keynote speaker for the 2009 Printing Industries of America Continuous Improvement Conference taking place April 5-8 in Lexington, Kentucky.
Metso has concluded the employee negotiations on temporary lay-offs of personnel commenced on October 31 regarding all personnel at their units in Turku, Finland.
