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

Activist investor Elliott Investment Management stated in a letter addressed to Honeywell’s Board of Directors that it wants ...

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

Elliott Management is pushing for Honeywell International to split up its business after the activist investment fund built ...

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

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

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, ...

Honeywell does not seem to have got the memo that conglomerates have become achingly unfashionable. At a time when the global ...

Activist investor Elliott Investment Management has built a $5 billion-plus position in industrials giant Honeywell ...

But many of those companies have since broken apart, and shares of their spinoffs have surged. Activist Elliott Investment is ...