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.
Elliott calls for Honeywell break up, takes $5 bln-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.
Honeywell's stock leads the Dow gainers, as Elliott discloses $5 billion stake
Honeywell's stock rallied as much as 7.8% into record territory for the first time in three years, after activist investor Elliott Investment Management disclosed a more than $5 billion stake, but then pulled back.
Honeywell Stock Hits Record Intraday High After Elliott Reveals $5B Stake, Calls For Breakup: Retail Bulls Rejoice
Shares of Honeywell International, Inc. ($HON) rose as much as 7.8% on Tuesday to a record high after activist investor Elliott Investment Management disclosed a significant $5 billion stake in the company.
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 Builds $5 Billion Honeywell Stake, Pushes Breakup
Elliott Investment Management has taken a $5 billion-plus position in Honeywell International and is reportedly pushing the industrials giant to separate into two standalone companies, one focused on aerospace and the other on automation.
Honeywell’s CEO predicts ‘doomsday’ for companies that don’t embrace AI. Here’s his secret to using the technology effectively
Honeywell CEO Vimal Kapur has a message to employers that are on the fence about adopting artificial intelligence. “In ...
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Honeywell CEO Vimal Kapur Sees AI as Solution to Labor Shortage, Sees AI Co-Pilots Working Alongside Skilled Labor.
Honeywell CEO Vimal Kapur highlighted AI's role in addressing the industrial labor shortage at CNBC's AI Opportunity Summit. Kapur emphasized AI's potential to reduce the 15-year training period ...
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Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity
Honeywell CEO Vimal Kapur said at the recent CNBC Evolve: AI Opportunity Summit that he expects AI to be a much bigger growth driver than a productivity fix for the industrial company. That's ...
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Vimal Kapur
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Honeywell CEO Says AI May Help Fill Skilled Worker Gap
Honeywell CEO Vimal Kapur says the industrial giant is using AI at scale over the last 18 months, including for product development, like testing software coding, and product technical support.
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Honeywell to spin off business unit into public company
Honeywell continues to reposition its portfolio under CEO Vimal Kapur. Honeywell International Inc. (Nasdaq: HON) is spinning off one of its business units with ties to Houston as it continues to ...
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Q3 2024 Honeywell International Inc Earnings Call
On the call with me today are Chairman and Chief Executive Officer, Vimal Kapur; Senior Vice President and Chief Financial Officer, Greg Lewis; and Vice President of Corporate Finance, Mike ...