HON) ("Honeywell"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=HON. The Company announced on September 12, 2017, a partnership with Lear Corp. (NYSE: LEA) pursuant to which the Companies will provide automotive software technology and infrastructure solutions to address the threats associated with emerging connected and autonomous vehicle development. Honeywell is a diversified technology and manufacturing leader, while Lear is one of the world's leading supplier of automotive seating systems and electrical distribution systems. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on HON and LEA. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=HON

http://protraderdaily.com/optin/?symbol=LEA

The Announcement

Under the terms of the agreement and being global tier-1 suppliers to the automotive industry, the Companies will pair Honeywell's intrusion detection technology software and security operations centers with Lear's automotive electrical distribution systems and connected gateway expertise. The collaboration between Honeywell and Lear aims to provide automakers with an architecture to address vehicle prognostics and help ensure passenger safety and security.

The two Companies have developed an effective system to identify and validate software commands and data generated by more than 100 million lines of code, governing modern vehicle operation. Honeywell's software and global security centers monitor in-vehicle network communications. Similarly, Lear's portfolio includes electrical gateways and security modules which can be an effective solution to detect and report anomalies preceding a mechanical failure or the intentional hack of a vehicle.

According to Honeywell, there are more than a dozen attack surfaces which could act as point of entry for hacking into a passenger vehicle. Honeywell is a leading software developer that enables safety and cybersecurity solutions for a number of industries and is now extending its portfolio to connected and autonomous vehicle development. Approximately half of Honeywell's 23,000-strong global engineering team develops software. Honeywell's software enables real-time vehicle performance diagnostics that can deliver increased vehicle reliability and up to 5% reduction in warranty costs.

The Connected Vehicle Team

Honeywell recently announced the launch of its Connected Vehicle business enterprise to help global automakers with automotive connectivity, while ensuring vehicle integrity, safety, and security. The Company announced on September 12, 2017, that it has hired Cristina Segal, 51, as VP and General Manager of the Connected Vehicle team. Cristina will lead the Company's Connected Vehicle team in the development and implementation of end-to-end monitoring and development of management platforms to enable cybersecurity features and integrated vehicle health management.

Also, the Connected Vehicle team will offer global automakers and fleet managers with real-time health monitoring, diagnosis, and predictive maintenance solutions for connected and autonomous vehicle development. Segal holds a doctorate in Computer Science and AI (artificial intelligence) and an Engineering degree in Electronics and Communications from Bucharest Polytechnic University. Cristina, according to the Company, will leverage Honeywell's unmatched ability to link advanced software with hardware products to deliver enormous value to the original equipment manufacturers and aftermarket customers.

Last Close Stock Review

On Wednesday, September 13, 2017, the stock closed the trading session at $137.90, slightly down 0.56% from its previous closing price of $138.68. A total volume of 2.04 million shares have exchanged hands. Honeywell's stock price surged 2.73% in the last three months, 8.61% in the past six months, and 24.27% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have rallied 19.03%. The stock is trading at a PE ratio of 21.37 and has a dividend yield of 1.93%. At Wednesday's closing price, the stock's net capitalization stands at $105.38 billion.

At the closing bell, on Wednesday, September 13, 2017, Lear's stock climbed 1.13%, ending the trading session at $157.35. A total volume of 712.32 thousand shares have exchanged hands, which was higher than the 3-month average volume of 687.14 thousand shares. The Company's stock price soared 7.18% in the last three months, 6.17% in the past six months, and 37.52% in the previous twelve months. Moreover, the stock surged 18.87% since the start of the year. The stock is trading at a PE ratio of 10.46 and has a dividend yield of 1.27%. The stock currently has a market cap of $10.68 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475420

"/> Featured Company News – Honeywell and Lear Announce Collaboration; Set to Build Automotive Software Technology for Autonomous Vehicles « MarketersMedia – Press Release Distribution Services – News Release Distribution Services

Featured Company News – Honeywell and Lear Announce Collaboration; Set to Build Automotive Software Technology for Autonomous Vehicles

LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Honeywell International Inc. (NYSE: HON) ("Honeywell"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=HON. The Company announced on September 12, 2017, a partnership with Lear Corp. (NYSE: LEA) pursuant to which the Companies will provide automotive software technology and infrastructure solutions to address the threats associated with emerging connected and autonomous vehicle development. Honeywell is a diversified technology and manufacturing leader, while Lear is one of the world's leading supplier of automotive seating systems and electrical distribution systems. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on HON and LEA. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=HON

http://protraderdaily.com/optin/?symbol=LEA

The Announcement

Under the terms of the agreement and being global tier-1 suppliers to the automotive industry, the Companies will pair Honeywell's intrusion detection technology software and security operations centers with Lear's automotive electrical distribution systems and connected gateway expertise. The collaboration between Honeywell and Lear aims to provide automakers with an architecture to address vehicle prognostics and help ensure passenger safety and security.

The two Companies have developed an effective system to identify and validate software commands and data generated by more than 100 million lines of code, governing modern vehicle operation. Honeywell's software and global security centers monitor in-vehicle network communications. Similarly, Lear's portfolio includes electrical gateways and security modules which can be an effective solution to detect and report anomalies preceding a mechanical failure or the intentional hack of a vehicle.

According to Honeywell, there are more than a dozen attack surfaces which could act as point of entry for hacking into a passenger vehicle. Honeywell is a leading software developer that enables safety and cybersecurity solutions for a number of industries and is now extending its portfolio to connected and autonomous vehicle development. Approximately half of Honeywell's 23,000-strong global engineering team develops software. Honeywell's software enables real-time vehicle performance diagnostics that can deliver increased vehicle reliability and up to 5% reduction in warranty costs.

The Connected Vehicle Team

Honeywell recently announced the launch of its Connected Vehicle business enterprise to help global automakers with automotive connectivity, while ensuring vehicle integrity, safety, and security. The Company announced on September 12, 2017, that it has hired Cristina Segal, 51, as VP and General Manager of the Connected Vehicle team. Cristina will lead the Company's Connected Vehicle team in the development and implementation of end-to-end monitoring and development of management platforms to enable cybersecurity features and integrated vehicle health management.

Also, the Connected Vehicle team will offer global automakers and fleet managers with real-time health monitoring, diagnosis, and predictive maintenance solutions for connected and autonomous vehicle development. Segal holds a doctorate in Computer Science and AI (artificial intelligence) and an Engineering degree in Electronics and Communications from Bucharest Polytechnic University. Cristina, according to the Company, will leverage Honeywell's unmatched ability to link advanced software with hardware products to deliver enormous value to the original equipment manufacturers and aftermarket customers.

Last Close Stock Review

On Wednesday, September 13, 2017, the stock closed the trading session at $137.90, slightly down 0.56% from its previous closing price of $138.68. A total volume of 2.04 million shares have exchanged hands. Honeywell's stock price surged 2.73% in the last three months, 8.61% in the past six months, and 24.27% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have rallied 19.03%. The stock is trading at a PE ratio of 21.37 and has a dividend yield of 1.93%. At Wednesday's closing price, the stock's net capitalization stands at $105.38 billion.

At the closing bell, on Wednesday, September 13, 2017, Lear's stock climbed 1.13%, ending the trading session at $157.35. A total volume of 712.32 thousand shares have exchanged hands, which was higher than the 3-month average volume of 687.14 thousand shares. The Company's stock price soared 7.18% in the last three months, 6.17% in the past six months, and 37.52% in the previous twelve months. Moreover, the stock surged 18.87% since the start of the year. The stock is trading at a PE ratio of 10.46 and has a dividend yield of 1.27%. The stock currently has a market cap of $10.68 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475420

LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Honeywell International Inc. (NYSE: HON) ("Honeywell"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=HON. The Company announced on September 12, 2017, a partnership with Lear Corp. (NYSE: LEA) pursuant to which the Companies will provide automotive software technology and infrastructure solutions to address the threats associated with emerging connected and autonomous vehicle development. Honeywell is a diversified technology and manufacturing leader, while Lear is one of the world's leading supplier of automotive seating systems and electrical distribution systems. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on HON and LEA. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=HON

http://protraderdaily.com/optin/?symbol=LEA

The Announcement

Under the terms of the agreement and being global tier-1 suppliers to the automotive industry, the Companies will pair Honeywell's intrusion detection technology software and security operations centers with Lear's automotive electrical distribution systems and connected gateway expertise. The collaboration between Honeywell and Lear aims to provide automakers with an architecture to address vehicle prognostics and help ensure passenger safety and security.

The two Companies have developed an effective system to identify and validate software commands and data generated by more than 100 million lines of code, governing modern vehicle operation. Honeywell's software and global security centers monitor in-vehicle network communications. Similarly, Lear's portfolio includes electrical gateways and security modules which can be an effective solution to detect and report anomalies preceding a mechanical failure or the intentional hack of a vehicle.

According to Honeywell, there are more than a dozen attack surfaces which could act as point of entry for hacking into a passenger vehicle. Honeywell is a leading software developer that enables safety and cybersecurity solutions for a number of industries and is now extending its portfolio to connected and autonomous vehicle development. Approximately half of Honeywell's 23,000-strong global engineering team develops software. Honeywell's software enables real-time vehicle performance diagnostics that can deliver increased vehicle reliability and up to 5% reduction in warranty costs.

The Connected Vehicle Team

Honeywell recently announced the launch of its Connected Vehicle business enterprise to help global automakers with automotive connectivity, while ensuring vehicle integrity, safety, and security. The Company announced on September 12, 2017, that it has hired Cristina Segal, 51, as VP and General Manager of the Connected Vehicle team. Cristina will lead the Company's Connected Vehicle team in the development and implementation of end-to-end monitoring and development of management platforms to enable cybersecurity features and integrated vehicle health management.

Also, the Connected Vehicle team will offer global automakers and fleet managers with real-time health monitoring, diagnosis, and predictive maintenance solutions for connected and autonomous vehicle development. Segal holds a doctorate in Computer Science and AI (artificial intelligence) and an Engineering degree in Electronics and Communications from Bucharest Polytechnic University. Cristina, according to the Company, will leverage Honeywell's unmatched ability to link advanced software with hardware products to deliver enormous value to the original equipment manufacturers and aftermarket customers.

Last Close Stock Review

On Wednesday, September 13, 2017, the stock closed the trading session at $137.90, slightly down 0.56% from its previous closing price of $138.68. A total volume of 2.04 million shares have exchanged hands. Honeywell's stock price surged 2.73% in the last three months, 8.61% in the past six months, and 24.27% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have rallied 19.03%. The stock is trading at a PE ratio of 21.37 and has a dividend yield of 1.93%. At Wednesday's closing price, the stock's net capitalization stands at $105.38 billion.

At the closing bell, on Wednesday, September 13, 2017, Lear's stock climbed 1.13%, ending the trading session at $157.35. A total volume of 712.32 thousand shares have exchanged hands, which was higher than the 3-month average volume of 687.14 thousand shares. The Company's stock price soared 7.18% in the last three months, 6.17% in the past six months, and 37.52% in the previous twelve months. Moreover, the stock surged 18.87% since the start of the year. The stock is trading at a PE ratio of 10.46 and has a dividend yield of 1.27%. The stock currently has a market cap of $10.68 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475420

Source URL: https://marketersmedia.com/featured-company-news-honeywell-and-lear-announce-collaboration-set-to-build-automotive-software-technology-for-autonomous-vehicles/239337

Source: AccessWire

Release ID: 239337


Latest News