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Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
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 ...
Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...
Honeywell is the worst Dow Jones stock Thursday as the industrial conglomerate's weak outlook offsets news that it is ...
The split comes just months after activist investor Elliott Management took a $5 billion stake in the industrial giant. Despite several smaller moves, Elliott, whose stake in Honeywell is its ...
The breakup process should be complete by the second half of 2026, Honeywell said Thursday in a statement as it also reported quarterly results. The decision, confirming a Bloomberg News report from ...
Honeywell said on Thursday it will split into three independently listed companies, breaking up one of America's last ...