Honeywell Grows Faster Than Its Markets

Honeywell International (HON 53) is one of the companies we like to use for benchmarking our industry. It’s a controls company, and it’s an exceptionally well run company. HON released financial guidance and held their investor conference call on December 15. Here’s what we learned… On December 15, Honeywell released very positive guidance, even as…

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Landmark – Kim Jong-il Dies

North Korean dictator, dead at 69. International implications are extensive.  Immediate concerns for South Korea, Japan, China, and the U.S., with 30,000 troops still monitoring the decades old “conflict.”

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Landmark – U.S. Military Leaves Iraq

The last U.S. forces unceremoniously pulled out of Iraq today. Literally. I can find no reference to any Good Luck/Fair Well/Thanks For Freeing Us/Don’t Let The Door Hit You On The Way Out Ceremony. News headlines often included the phrase “ending the war,” or something similar. Film crews featured extensive coverage of elated U.S. troops…

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366,000?

Last week, the improved unemployment numbers were so lovely, even the government didn’t believe them. This week, the reports got even better, and economists still don’t trust ‘em. For whatever reason, jobless claims haven’t fallen this low since the middle of 2008. The federal government’s Random Number Generator surprised us twice. Last week, the Unemployment…

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