Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is ...

Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...

The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.

Honeywell International shares jumped Tuesday to an all-time high, after Elliott Investment Management said it has built a $5 ...

Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...

In early trading, the industrial conglomerate’s stock hit $242.77, for a gain of almost 8%, after activist investor Elliott ...

Activist investor Elliott Management has a $5 billion-plus stake in industrial conglomerate Honeywell and is pushing the ...

It argues that separating Honeywell would lead to simplified strategies, focused management, enhanced capital allocation and ...

The activist investor’s call to spin off just the aerospace business would leave a less profitable but still-too-complex ...

Activist investor Elliott Investment Management is pushing for changes at Honeywell International that could affect upward of ...

Elliott wants Honeywell to separate its Aerospace and Automation businesses. It expects such a strategic move to unlock up to ...

In order to realize its full potential, Elliott recommended that Honeywell pursue a separation of Aerospace and Automation.