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Honeywell (HON) Stock Slides on Q2 Revenue Miss

NEW YORK (TheStreet) -- Shares of Honeywell (HON) are down 2.96% to $115.15 in pre-market trade after the company reported lower-than-expected 2016 second quarter revenue.

The company reported revenue of $9.99 billion for the quarter. Wall Street had been looking for revenue of $10.13 billion.

Honeywell also reported earnings of $1.66 per share, topping analysts' estimates of $1.64 per share.

"Honeywell grew earnings 10% in the second quarter, capping off a strong first half of 2016," said CEO Dave Cote.

In the second quarter, Honeywell announced the acquisition of...


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