Two of Honeywell International Inc.’s largest business units, which together make up about one-fifth of the company’s revenue, will be spun off into standalone, publicly traded organizations next year ...

PHOENIX, Jan. 30, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) recently received its first delivery of sustainable aviation fuel at its Phoenix Engines campus. The fuel will support development and ...

Honeywell to separate aerospace and automation units Company had earlier announced it would spin off advanced materials business Shares down after 2025 profit and sales forecasts miss expectations Feb ...

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies.

Honeywell’s advanced materials unit generates $3.8 billion in annual revenue, roughly 10% of its total revenue. Honeywell has a market value of more than $130 billion, with its shares down 3% in 2024.

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.