Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered by big ...

Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, ...

"The conglomerate structure that once suited Honeywell no longer does, and the time has come to embrace simplification," ...

Elliott said in a letter that it had built a stake worth more than $5 billion in Honeywell, one of its largest ever, and that ...