Honeywell confirms plan to split into 3 companies

Honeywell confirms plan to split into three companies, but stock turns lower
Honeywell plans to split into three separate companies, The Wall Street Journal reported on Thursday, news that sent shares surging.
Honeywell Announces Three-Way Split, Stock Falls
KEY TAKEAWAYS Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.The conglomerate said it is planning to separate its aerospace division from its automation business and would proceed with plans to spin off its advanced-materials
Honeywell Stock Drops on Company Split, 2025 Guidance
Honeywell International (HON) stock is falling after the company announced plans to split into three separate divisions and a soft 2025 forecast
Honeywell Stock Is at the Bottom Of the Dow After Split News
Honeywell is the worst Dow Jones stock Thursday as the industrial conglomerate's weak outlook offsets news that it is splitting into three separate companies.
Honeywell to split into three after pressure from activist investor
Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the industrial giant.
Honeywell to split into three smaller companies
Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, following similar actions by companies such as General Electric and Alcoa.
Honeywell to split into three companies, but stock drops as outlook disappoints
Honeywell plans to split into three separate companies, The Wall Street Journal reported on Thursday, news that sent shares surging.
Honeywell to Break Up After Pressure From Activist Elliott
Honeywell International Inc. will split into separate publicly traded companies following pressure from an activist investor, the latest in a line of industrial conglomerates seeking a more streamlined portfolio.
Honeywell announces three-way split
Honeywell shares were up 5 per cent in pre-market trading in New York. The break-up announcement comes after pressure last year from Elliott, which had called on Honeywell to end its conglomerate structure and split itself into two.
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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.