The US stock index component, the USA's industrial conglomerate Honeywell (HON.US), has lowered its earnings and sales forecasts for the fourth quarter and the entire year, with the stock falling 1.7% in after-hours trading to $226.

The company has reduced its fourth quarter sales forecast from between $10.2 billion and $10.4 billion to between $9.8 billion and $10 billion, and adjusted earnings per share forecast from between $2.73 and $2.83 to between $2.26 and $2.36.

Additionally, the company has reached an agreement with aircraft manufacturer Bombardier to supply aerospace technology, propulsion systems, and satellite communications technology; both parties have also settled unresolved litigation.