Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...

Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...

Elliott Management is pushing for Honeywell International to split up its business after the activist investment fund built ...

It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...

The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.

Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...

In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.

Honeywell International stock has returned 25% in the last 5 years, a significant underperformance to the S&P 500 Industrials ...

The activist investor’s call to spin off just the aerospace business would leave a less profitable but still-too-complex ...

A breakup of Honeywell's businesses could result in major upside for the blue chip stock over the next two years, the ...

But many of those companies have since broken apart, and shares of their spinoffs have surged. Activist Elliott Investment is ...