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Earnings Roundup: 3M, Honeywell

Stock quotes in this article: ACI , CF , HON , MMM , SNS , SWK  

Among the earnings projection stories for Friday, April 24, from AP Financial News:

WASHINGTON (AP) — 3M Co.'s quarterly profit dropped 48 percent as the global economic slowdown hurt its sales in everything from health care to office supplies, prompting the company to lower its 2009 outlook again.

WASHINGTON (AP) — Honeywell International Inc.'s quarterly earnings dropped 38 percent as the battered aviation and auto industries pulled back spending on the company's turbo chargers and jet electronics. Honeywell also cut its 2009 profit forecast, saying it underestimated the severity of the downturn. ...

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