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Honeywell raised its annual forecasts after beating Wall Street expectations for second-quarter results on Thursday, buoyed ...
What Happened? Shares of industrial conglomerate Honeywell (NASDAQ:HON) fell 5% in the afternoon session after the company ...
Last fall, activist investor Elliott Investment Management called for the separation of Honeywell, which has a significant presence in Houston.
Indeed, Elliott Investment Management pushed for change at Honeywell, arguing that a breakup could lead to a value per share between $321 (base case scenario) and $383 by the end of 2026 ...
Honeywell will appoint activist investor Elliott Investment Management's Marc Steinberg to its board, the company said on Wednesday, ahead of its planned split into three independently listed ...
The operational upheaval at Honeywell comes amid pressure from activist investor Elliott Management, which has a stake of about $5 billion. The firm disclosed its investment in November.
Activist investor Elliott Investment Management has taken a $5 billion stake in Honeywell and called for the company to split its business in two, describing the firm’s quantum computing efforts ...
Honeywell on Tuesday said it is evaluating "strategic alternatives" for two of its businesses ahead of its plan to split into ...
The deal comes on the heels of West Palm Beach-based Elliott Investment Management acquiring an 8% stake in the firm valued ...
Honeywell International (NASDAQ:HON) is expected to appoint Marc Steinberg, a partner at Elliott Investment Management, to its board as the industrial giant prepares to divide into three separate ...
(Reuters) -Honeywell will appoint activist investor Elliott Investment Management's Marc Steinberg to its board, the company said on Wednesday, ahead of its planned split into three independently ...