Update 9am: Adds Elliott confirmation, letter. Honeywell (HON) soared 6.4% in premarket trading after activist investor Elliott Investment Management accumulated a more than $5 billion stake and ...

On February 6, Honeywell announced it would be splitting its operations in aerospace and home automation. It had previously ...

The industry giant announced its intent to separate its Aerospace and Automation businesses alongside an Advanced Materials ...

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 ...

"The conglomerate structure that once suited Honeywell no longer does, and the time has come to embrace simplification," Elliott said in a letter to Honeywell. It believes Honeywell should ...

Honeywell is the worst Dow Jones stock Thursday as the industrial conglomerate's weak outlook offsets news that it is ...

Despite several smaller moves, Elliott, whose stake in Honeywell is its largest single investment, argued the company needed to split. Honeywell attracted the activist investor's attention as its ...

Honeywell had said in December that it was considering spinning off its aerospace division. The public announcement arrived about one month after Elliott Investment Management revealed a stake of ...

Honeywell (NYSE: HON) recently released its Q4 results, with revenues and earnings exceeding the street estimates.

Honeywell Aerospace Technologies will become a separate entity since Honeywell International plans to follow through with a ...

(Reuters) -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 ...