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 has taken a more than $5 billion stake in Honeywell International and is ...

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

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

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

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

In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...

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.

Elliott wants Honeywell to separate its Aerospace and Automation businesses. It expects such a strategic move to unlock up to ...

Activist investor Elliott Investment Management is pushing for changes at Honeywell International that could affect upward of ...

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