Friday, January 26, 2018

New Jersey-Based Honeywell Chooses to Hide From Investors the Components of Its 4Q 2017 $3.754 Bil Income Tax Expense Caused By the Trump Tax Bill ...................................................................................... Honeywell Mentions the Three Items Comprising the $3.754 Bil and Made the Computation But Very Strangely Refuses To Disclose the Individual Amounts Applicable To Each of the Three Items Even Though It Is Highly Relevant to Both Existing and Potential Investors ...................................................................................... Certainly the Amount is Material since the $3.754 Bil Total 4Q 2017 Earnings Charge is More Than ONE AND a HALF TIMES Honeywell's 4Q 2017 Reported Net Loss of $2.399 Bil ...................................................................................... Further, the Income Tax on the Mandatory Foreign Earnings Repatriation is an Expense and the Trump Tax Bill's Forgiveness of Honeywell's Deferred Income Tax Liabilities Debt is a Reduction in Income Tax Expense and Thus the Individual Income Tax Expense For Foreign Earnings Repatriation Must Be Even Higher Than $3.754 Bil ...................................................................................... Investors Buy and Sell Common Stocks Based on Information in Public Earnings Releases ...................................................................................... So Does Honeywell's Investor Relations Dept Selectively Give These Three Key Components To Outside Financial People They Deal With When They Ask For It? ...................................................................................... Not a Good Day For the Finance Function of Honeywell