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Jul 25, 2014  
Defense Spending Under Pressure
The Bipartisan Budget Act of 2013 capped the federal government’s FY14 spending at $1.012 trillion and eliminated several budget cuts that had been mandated under sequestration. Defense discretionary spending is now set at $520.5 billion for FY14, up from $498.1 billion before the budget agreement. The FY15 defense spending cap was also raised. This news was well received by ...
  


Honeywell International Inc (HON)   BUY

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The StockPicker's Corner is not a solicitation or offer to buy or sell stocks and should not be construed as individualized investment advice. Investment decisions should be made as part of an overall portfolio strategy after consultation with an investment professional.

Our recommendations -- BUY, HOLD, SELL -- and target prices reflect the judgment of an analyst about a company's prospects as an investment in terms of value, growth and risks. We will generally rate a stock a BUY if, in our view, the forecast risk-adjusted return on the stock is greater than the forecast return on the market. Target prices reflect the previous day's closing price of a stock and do not take into account more recent movements in stock prices.

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Notes
Jul 25, 2014  Market watch :  HON
Jul 25, 2014  Market digest :  T, EIX, PPL, MMM, UA
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