Honeywell International (NASDAQ: HON) surged 3.7% on Dec. 16, likely in response to a press release that stated the company ...
Honeywell draws support for a strategic review from Elliott management as airlines and defense sectors scale up.
CFOTO / Future Publishing via Getty Images Honeywell's latest update on its ongoing portfolio review noted the company was ...
With one of the last major aerospace and defense suppliers that is also a multi-industrial conglomerate, Honeywell International, possibly headed for a breakup this year and Boeing CEO and President ...
Dec 16 (Reuters) - Honeywell (HON.O), opens new tab said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment ...
Honeywell is considering a separation of its Phoenix-based aerospace business a month after an activist investor called for the spinoff, stating it would unlock additional shareholder value and ...
Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott ...
To invest $84 million in project, create 156 new jobs at the high-tech site. The Olathe, Kansas manufacturing facility ...
"Following the portfolio enhancements announced earlier this year, Honeywell is now well-positioned for significant transformational alternatives, and we are continuing our deeper, more granular ...
Elliott's solution is to spin off the aerospace segment, which is Honeywell's largest business by revenue and operating income, into an independent company called Honeywell Aerospace. Then it ...
Fresh plans by Honeywell International Inc. to consider the sale or spinoff of its aerospace unit comes at a lucrative time both in the space-exploration and defense businesses, as well as a ...