At a time multinational industrial manufacturers face pressure from foreign currency swings and weak oil and gas markets, GE and Honeywell also showed the benefits of being diversified with pockets of strength in areas such as aerospace. “Any multinational company in this environment is seeing very little organic revenue growth and revenue growth declines when you account for currency weakness,” said Jim Corridore, an equity analyst at S&P Capital IQ. GE shares were up 0.9 percent and Honeywell shares rose 1.7 percent in afternoon trade, outperforming U.S. markets, which weakened slightly.