Honeywell to Break Into 3 as It Seeks GE Magic. The Stock Is Dropping After Earnings Beat.
Honeywell International is trying to pull a GE, breaking up into three companies to try to unlock shareholder value.
BCE Sets 2025 Targets that Could See Revenue Decline; 4Q Revenue, Subscribers Growth Falls
The Canadian telecom giant company on Thursday set targets for revenue to fall by 3% or rise as much as 1% for 2025. BCE cited wireless and broadband competitive pricing pressures from 2024 to be felt ...
Honeywell to split into three companies, but stock drops as outlook disappoints
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 ...
Kenvue 4Q Sales Fall, 2025 View Misses Market Expectations Amid Forex Headwinds
The Skillman, N.J. company expects sales to rise up to 1% or fall up to 1% in 2025, based on a 2% to 4% rise in organic sales offset by a 3% headwind from unfavorable foreign exchange rates. A 1% lift ...
Tapestry Posts Lower Profit, Higher Sales in Fiscal 2Q; Raises Outlook
Tapestry profit slipped in the second quarter while revenue rose, and the company raised its guidance for fiscal 2025. The owner of Kate Spade, Coach and other luxury brands posted a profit of $310.4 ...