Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
The activist investor stopped short of overtly criticizing CEO Vimal Kapur. Elliott believes that Honeywell should divide itself along its two primary business lines — Aerospace, which supplies engines and avionics to the military and commercial users ...
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.
Elliott confirms $5B+ stake in Honeywell, urges ‘simplification’ of structure
Elliott Investment Management L.P., which manages funds that together have made an investment of more than $5B in Honeywell (HON)
Honeywell’s stock leaps into record territory after Elliott discloses more than $5 billion stake
Shares of Honeywell International Inc. leapt 7% into record territory in premarket trading Tuesday, after activist investor Elliott Investment Management L.P. said it built a more than $5 billion stake,
Elliott builds more than $5 billion stake in Honeywell
Activist investor Elliott Investment Management said on Tuesday it has built a stake worth more than $5 billion in Honeywell and recommended that the industrial giant pursue a separation of its aerospace and automation businesses.
Elliott Amasses $5 Billion-Plus Stake in Honeywell
Activist investor Elliott Investment Management has built a $5 billion-plus position in industrials giant Honeywell International Inc., according to people with knowledge of the matter.
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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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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Vimal Kapur
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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 ...