Business, Stocks

“Why legendary industrial giant Honeywell is breaking up”

Honeywell ended months of speculation on Thursday by announcing it would split into three listed companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials. The automation business will stay focused on building that technology, while aerospace is dedicated to tech for plane cockpits. Advanced Materials covers solutions for sectors such as healthcare…

Honeywell stock fell over 4% early on Thursday as investors digested the news…”

https://finance.yahoo.com/news/why-legendary-industrial-giant-honeywell-is-breaking-up-121645204.html




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