Saturday, 20 July 2013

Earnings roundup: Honeywell, ManpowerGroup

Among the earnings stories for Friday, July 19, from AP Business News:

? Honeywell International Inc.'s second-quarter profit rose 13 percent, beating analysts' expectations. The industrial conglomerate raised the low end of its full-year guidance.

? ManpowerGroup Inc. said that its second-quarter net income jumped 66 percent, as the staffing company's cost cuts made up for sliding sales.

? Rail company Kansas City Southern said that its second-quarter net income dropped 87 percent, absent a hefty one-time restructuring gain recorded a year earlier. Adjusted earnings and revenue beat analysts' estimates.

Source: http://news.yahoo.com/earnings-roundup-honeywell-manpowergroup-163029770.html

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