Honeywell pushes back recovery forecast for business-jet

Published October 18, 2010

Honeywell pushes back recovery forecast for business-jet
ATLANTA (Reuters) – Honeywell International Inc’s aerospace unit expects business-jet deliveries to expand in 2012, tempering its recovery forecast by a year as companies hold back on orders in an uncertain global economy.
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US industrial output drops first time during recovery
US industry unexpectedly put the brakes on in September, marking the first drop in output since the economic recovery began in July 2009, official data showed Monday.
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Banking recovery helps steady FTSE
A recovery for banking stocks after this week’s wobble over the need for further capital-raising has helped steady the London market.
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