Honeywell shares are rising 3% in premarket trading after the conglomerate said it plans to spin off its Advanced Materials division as it joins its peers in pursuing a more focused strategy.

Oct 8 (Reuters) - Honeywell (HON.O), opens new tab will spin off its advanced materials unit into a publicly traded company, the U.S. conglomerate said on Tuesday, simplifying its business to ...

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company ...

Honeywell intends to spin off its advanced ... companies -Emily Bary This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from ...

Industrial giant Honeywell International Inc. is spinning off its advanced materials unit into a separate public company. The new business will have annual sales of $3.8 billion and will include ...

according to people familiar with the matter. The Wall Street Journal earlier reported on Honeywell’s plans for the tax-free separation.

OnePlus confirmed key details for the OnePlus 13, including a 6,000mAh battery with 100W wired and ... OnePlus has also confirmed the return of the fan-favorite Alert Switch on the OnePlus 13.

To that end, it's spinning off one of its business units. Well before the market open, Honeywell broke the news that it plans to spin off its advanced materials business unit. It would be ...

A Baltimore insurance company has fired the Ravens fan who allegedly pummeled a pair of Commanders fans in a video that went viral after Sunday’s game. After the Ravens defeated the Commanders ...

Battery stocks haven't fared well for much of 2024, but a big rally has put them back in the spotlight. The Global X Lithium & Battery Tech ETF (ticker: LIT) gained more than 20% in September.

Kayla Nicole stopped dating Travis Kelce in 2022, yet Taylor Swift's fans allegedly leave her hateful comments on her social media. The Kansas City Chiefs tight end went official with Swift in ...