Prestigious Recognitions, Financial Results, Stake Sales, New Projects, and Dividends - Research Report on GE, Cummins, Honeywell, John Deere, and Illinois Tool Works

NEW YORK, November 7, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting General Electric Company (NYSE: GE), Cummins Inc. (NYSE: CMI), Honeywell International Inc. (NYSE: HON), Deere & Company (NYSE: DE), and Illinois Tool Works Inc. (NYSE: ITW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

General Electric Company Research Report

On November 4, 2013, GE Capital Bank, the industrial bank owned by GE Capital, the financial services unit of General Electric Company (GE), announced that its online bank was named a best savings account in the U.S. in MONEY magazine's "Best Banks 2013" list. According to the Company, the magazine in its November 2013 issue, presents an analysis on retail banks, online banks, and credit unions based on research by financial services consulting firm, Novantas. The Company stated that GE Capital Bank offered one of the highest interest rates of all online accounts surveyed with no transaction fees and no minimum balance requirements. Chris Favilla, U.S. Deposits Leader of GE Capital Bank, said, "We are focused on helping our customers reach their savings goals with better rates, better service and a convenient website. We're excited to get this recognition from Money® magazine as it acknowledges the value to today's investors of offering these straightforward benefits." The Full Research Report on General Electric Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/6f32_GE]

Cummins Inc. Research Report

On October 29, 2013, Cummins Inc. (Cummins) reported Q3 FY 2013 (period ended September 29, 2013) financial results. The Company's net revenue increased 3.6% YoY to $4.3 billion during the quarter. Net income attributable to Cummins was $355 million or $1.90 per diluted share in Q3 FY 2013, compared to $352 million or $1.86 per diluted share in Q3 FY 2012. Commenting on the results, Tom Linebarger, Chairman and CEO of Cummins, said, "The Company increased gross margins in the third quarter primarily due to the benefits of our cost reduction initiatives. Material cost savings, productivity gains and lower warranty expenses all contributed to the improvement. Revenues were below our expectations as we continue to face an environment of weak demand for capital goods in most of our major markets. Our focus on lowering costs in all parts of our business positions us well to deliver strong earnings growth as market conditions improve." The Full Research Report on Cummins Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/95a9_CMI]

Honeywell International Inc. Research Report

On November 4, 2013, Honeywell International Inc. (Honeywell) announced that the Company has received a project from Preem AB to modernize Preemraf Lysekil, one of Europe's largest refineries, with Honeywell's Enhanced High Performance Process Manager (EHPM) industrial process controllers. According to Honeywell, the project should significantly extend the life of the existing control system at the refinery, which is located in southern Sweden. Honeywell added that Preem AB will use enhanced high performance process manager to as much as triple the capacity of the refinery's existing controllers. John Rudolph, Vice President for Honeywell Process Solutions' Lifecycle Solutions and Services Business, said, "Honeywell's Enhanced High Performance Process Manager enables Preem to modernize their refinery and increase through-put while maximizing legacy investments and intellectual property." Honeywell informed that it intends to complete the up gradation by the end of 2013, during planned maintenance at the refinery, with no additional downtime. The Full Research Report on Honeywell International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/4b68_HON]

Deere & Company Research Report

On October 28, 2013, Deere & Company (John Deere) announced that the Company has agreed to sell a majority interest in John Deere Landscapes, a part of the Company's agriculture and turf segment, to the private equity investment firm of Clayton, Dubilier & Rice, LLC. The Company said that the transaction will bring in c.$300 million in cash and will initially retain a 40% equity interest in the business. James Field, President of Deere's Worldwide Agriculture & Turf Division, said, "This partial sale allows Deere an opportunity to remain as part of a successful landscapes distribution business. At the same time, Deere will continue to increase its own strategic focus on the global growth businesses in agriculture and construction and the complementary businesses in turf and forestry." The Full Research Report on Deere & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/2322_DE]

Illinois Tool Works Inc. Research Report

On November 1, 2013, Illinois Tool Works Inc. (ITW) announced that the Company's Board of Directors has declared a regular quarterly cash dividend of $0.42 per share or $1.68 per share on an annualized basis. The Company added that the dividend will be paid on January 7, 2014, to stockholders of record as of December 31, 2013. The Full Research Report on Illinois Tool Works Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/716e_ITW]

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
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