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Honeywell Temporarily Suspends FY20 Outlook Amid COVID-19 - Quick Facts

While reporting financial results for the first quarter on Friday, technology company Honeywell international Inc. (HON) said it has temporarily suspended its full-year 2020 financial guidance, due to the evolving nature of the COVID-19 pandemic and related supply chain and market disruptions.

The company said it expects ongoing top-line challenges due to the current market conditions, particularly in the aerospace and oil and gas sectors.

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