SA: Honeywell cuts sales guidance on supply chain constraints
SEEKING ALPHA reports: – Honeywell (NASDAQ:HON) -1.6% pre-market after edging past Q3 earnings estimates but cutting full-year 2021 sales guidance due ...
Supply chain management software company JDA Software could be bought by the conglomerate Honeywell, which is keen, according to Reuters, to get into the burgeoning logistics industry – the one fuelled by e-commerce, anyway. JDA has been struggling, with $2bn in debt and fierce competition in the market. It’s not confirmed, but it appears talks are ongoing over a $3bn acquisition.
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