Investor Elliott Management calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Elliott calls for Honeywell break up, takes $5 billion-plus stake
Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.
Elliott has built $5B-plus stake in Honeywell, Bloomberg reports
Activist investor Elliott Investment Management has built a $5B-plus position in Honeywell (HON) and is pushing the company to consider
Elliott Builds $5 Billion Stake in Honeywell, Calls for Conglomerate to Split Up
Elliott Management is pushing for Honeywell International to split up its business, after the activist investment fund built a more-than $5 billion stake in the industrial conglomerate. Elliott said Tuesday it was recommending the Charlotte,
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the conglomerate to split into two separate companies
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott builds more than $5 billion stake in Honeywell
Activist investor Elliott Investment Management said on Tuesday it has built a stake worth more than $5 billion in Honeywell and recommended that the industrial giant pursue a separation of its aerospace and automation businesses.
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.
Nvidia Partners Hon Hai, Quanta See Strong AI Demand Into 2025
Nvidia Corp.’s Taiwan hardware partners Hon Hai Precision Industry Co. and Quanta Computer Inc. are forecasting a boom in AI ...
Honeywell: Why I Am Buying The Drop
Honeywell's Q3 2024 earnings beat expectations, but lowered full-year forecast due to cost pressures and weaker Industrial ...
Major Apple Supplier Foxconn Expected to Report Strong Q3 Results on AI Boom
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that ...
IPhone Maker Hon Hai’s October Sales Growth Slows on Weak Demand
Apple Inc.’s major manufacturing partner Hon Hai Precision Industry Co. reported its slowest monthly sales growth since ...
Business Insider10d
Wells Fargo Sticks to Its Hold Rating for Honeywell International (HON)
In a report released yesterday, Joe O’Dea from Wells Fargo maintained a Hold rating on Honeywell International (HON – Research Report), with a price target of $215.00. The company’s shares closed ...
Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from factories ...
Foxconn's Third-Quarter Profit Likely Rose 6.9% -- Earnings Preview
Foxconn's stock has benefited from the artificial-intelligence boom, with shares more than doubling this year. However, its shares dropped 12% in the third quarter amid market volatility and fears of ...
Channel NewsAsia Singapore11h
Major Apple supplier Foxconn's Q3 profit up 14% on AI boom
Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a better-than-expected 14 per cent ...
The Independent Singapore7h
Foxconn reports 14% Q3 profit jump, expects AI servers to account for 50% of total server revenue in 2025
Foxconn’s third-quarter revenue jumped 20 per cent year-on-year (YoY), driven by demand for AI servers. This helped the ...
Investor calls for Honeywell breakup after amassing $5B stake
The push comes as new Honeywell CEO Vimal Kapur has led an aggressive repositioning with mergers, acquisitions and spinoffs.
Channel NewsAsia Singapore11h
Foxconn sees robust AI server demand, posts 14% rise in Q3 profit
Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday it expected robust growth in its ...