From Southwest to BP, Elliott and other activists are shaking up companies again
This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...
Southwest Airlines shakeup: Who is Elliott Investment Management, the activist investor who called for changes at the airline?
DALLAS — Southwest Airlines has announced a slate of major changes, from the first mass layoffs in the airline’s history to ...
Here's What Honeywell's Big Breakup Means to Investors
Honeywell International ( HON 1.00%) is finally breaking up. The rationale for the breakup makes perfect sense, and it could release a lot of value for investors. Still, does that make the stock a buy ...
Honeywell to buy pump maker Sundyne for $2.16 billion
The industrial giant has focused on expanding its presence in the aviation, automation and energy sectors under CEO Vimal ...
Honeywell International (NasdaqGS:HON) Partners With Taiyo Oil For Sustainable Aviation Fuel Expansion In Japan
Honeywell International (NasdaqGS:HON) recently announced a partnership with Taiyo Oil Co. Ltd. for the production of ...
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Here's What Honeywell's Big Breakup Means to Investors
Indeed, Elliott Investment Management pushed for change at Honeywell, arguing that a breakup could lead to a value per share between $321 (base case scenario) and $383 by the end of 2026 ...
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Why is Honeywell splitting into three companies?
Discussions with its board and Elliott Management Honeywell’s decision to spin off its aerospace, automation, and advanced materials businesses comes after extensive discussions with its board ...
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Honeywell to buy pump maker Sundyne for US$2.16 billion
Honeywell International said on Tuesday (Mar 4) it would buy pump-maker Sundyne from private-equity firm Warburg Pincus for ...