Honeywell Stock Climbs on Potential Aerospace Breakup

Industrial conglomerate Honeywell International Inc (NASDAQ:HON) said it is considering selling its aerospace unit, and expects an update in January after the release of its fourth-quarter earnings results.In response, HON was last seen 1.8% higher at $231.60. The equity is keeping well above$224, a level that it gapped above in early November after activist investor Elliot Investment Management revealed a more than $5 billion stake in Honeywell and initially floated the idea of breaking the company up. Fo ...