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Bill Gates turned down "incredibly flattering" employment offers from the likes of Honeywell and General Electric before his sophomore year at Harvard.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Unfortunately, this role also comes with a demand profile tethered to the ebbs and flows of the broader economy, and the industry is currently lagging as its six-month return of 7.2% has trailed the S&P 500’s 9.5% gain.
Food processing and aviation equipment manufacturer John Bean (NYSE:JBT) is expected to be reporting earnings tomorrow after market hours. Here’s what to look for.
Mentions: POR
Despite many negative headlines, stocks are trading near all-time highs; next week will be a shortened trading week, with most of the monthly economic data in
Honeywell has announced a split off that will break the company into three separate parts leaving investors to wonder if there's enough value to own HON stock
General Electric Co. is turning to artificial intelligence to help its network of jet-engine repair shops inspect critical turbine components in narrow-body jets more efficiently.
Honeywell will split into three independently listed companies after activist investor Elliott Management took a $5 billion stake in the industrial giant.
Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.
Mentions: HON
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa. The North Carolina company said Thursday that it will split off its automation and aerospace technologies businesses. There will now be three publicly listed companies including a previously announced plan to spin off its advanced materials business.
Mentions: HON