Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...

Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.

The announcement comes less than three months after activist investor Elliott Investment Management built a stake worth more than $5 billion in Honeywell, with the goal of pushing for a breakup of ...

The aerospace division is Honeywell's biggest and best standalone business. It generated over $15 billion in annual sales with margins of 26%. It counts both Boeing (BA) and Airbus (EADSY) as ...

Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself ...

Update: Confirms split plans. Honeywell (NASDAQ:HON) has confirmed plans to split into three independent firms. Shares of the ...

Honeywell's stock (HON) initially rose as much as 6.5% in premarket trading after the Wall Street Journal reported the plan. But at the same time as the company confirmed the separation plan ...