Honeywell to split into three companies in an effort to boost stock returns
Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself into three independent companies in an effort to boost shareholder returns, but also provided a disappointing earnings outlook.
Shares of Honeywell International Inc. dropped Thursday after the multinational conglomerate announced a plan to split itself into three independent companies in an effort to boost shareholder returns, but also provided a disappointing earnings outlook.
