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SOURCE Analysts' Corner
NEW YORK, October 15, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts Corner announced new research reports highlighting General Electric Company (NYSE: GE), United Technologies Corp. (NYSE: UTX), Honeywell International Inc. (NYSE: HON), Illinois Tool Works Inc. (NYSE: ITW), and Cummins Inc. (NYSE: CMI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
General Electric Company Research Report
On October 9, 2013, General Electric Company (GE) announced 14 new Industrial Internet Predictivity technologies that will enable global industries to achieve outcomes such as minimal unplanned downtime, increased productivity, preventive maintenance, lower fuel costs and reduced emissions. According to GE, its solutions will be powered by Predix, a first-of-its-kind industrial strength platform that provides a standard and secure way to connect machines, industrial big data and people. The Company reported that it is also expanding its ecosystem to include AT&T, Cisco and Intel, which will boost wired and wireless machine connectivity. Jeff Immelt, Chairman and CEO, GE, stated, "Industrial data is not only big, it's the most critical and complex type of big data. Our greatest challenge and opportunity is to manage and analyze this data in a highly secure way to deliver better outcomes for customers and society. We are developing more predictive solutions and equipping our products with sensors that constantly measure performance so our customers see major productivity gains and minimize no unplanned downtime. Observing, predicting and changing this performance is how the Industrial Internet will help airlines, railroads and power plants operate at peak efficiency." The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/6f32_GE]
United Technologies Corp. Research Report
On October 9, 2013, United Technologies Corp. (UTC) announced that its Board of Directors has declared a 10% increase in its Q4 2013 dividend to c.$0.59 per common share. Louis Chênevert, Chairman and CEO of UTC, commented, "This increase reflects confidence in our portfolio, our strategy and our leadership team to grow earnings over the long term." UTC reported that that the dividend is payable on December 10, 2013 to shareholders of record at the close of business on November 15, 2013, with an ex-dividend date of November 13, 2013. The Full Research Report on United Technologies Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/96c3_UTX]
Honeywell International Inc. Research Report
On October 8, 2013, Honeywell International Inc. (Honeywell) announced that its strategic business group, Honeywell Transportation Systems is celebrating the growing success of its newest Friction Materials manufacturing facility in Ploiesti, Romania, having achieved the production milestone of two million brake pads. Honeywell reported that the state-of-the-art manufacturing facility is a key component of Honeywell's commitment to transform the friction business and improve its competitive position with a high-tech global footprint while building on its investment in Romania. Terrence Hahn, President and CEO of Honeywell Transportation Systems, said, "This high-tech facility in Ploiesti is the latest expression of Honeywell's commitment to transforming its Friction Materials business, and also to Romania as another example of a high-value, high-quality investment in the country" The Full Research Report on Honeywell International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4b68_HON]
Illinois Tool Works Inc. Research Report
On October 9, 2013, Illinois Tool Works Inc. (ITW) announced that it will host its Q3 2013 conference call on Tuesday, October 22, 2013 at 9:00 a.m. CT. According to the Company, the official press release of the quarterly results will be issued on the same day at 7:00 a.m. CT. ITW stated that the slide show accompanying the audio webcast can be accessed through its Investor Relations website. The Full Research Report on Illinois Tool Works Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/716e_ITW]
Cummins Inc. Research Report
On October 4, 2013, Cummins Inc. (Cummins) announced that it will begin producing the ISV5.0, a new 5-liter V8 diesel engine designed to power pickup-and-delivery vehicles, other light- and medium-duty trucks, school buses and motorhomes. Cummins reported that ISV5.0 extends its range of clean-diesel engines for North American vehicles, and features industry-leading technology that delivers performance and a low total cost of ownership to customers. Dave Crompton, Cummins Vice President and General Manager - Engine Business, stated, "The ISV5.0 represents the next dimension in fuel economy and performance as Cummins continues to broaden our on-highway product line." The Full Research Report on Cummins Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/95a9_CMI]
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