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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 ...

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Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate.

Honeywell International, the storied conglomerate which launched a strategic review early last year, announced plans Thursday to split into three independent companies.

Shares of Honeywell International Inc. turned lower Thursday, after the multinational conglomerate confirmed a plan to split itself into three independent companies but also provided a disappointing ...