Honeywell to Break Into 3 as It Seeks GE Magic. The Stock Drops After Earnings Beat.
Honeywell International is trying to pull a GE, breaking up into three companies in an effort to unlock shareholder value. Honeywell, the industrial conglomerate, also reported fourth-quarter numbers ...
Honeywell to Break Up in Bid to Recreate Some GE Magic
In calling for the breakup late last year, Elliott pointed to the runaway success of General Electric since it completed a ...
Honeywell to split into three companies in an effort to boost stock returns
Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself into three independent companies in an effort to boost shareholder returns ...