Trending: Honeywell to Buy Carrier's Security Business for $5 Billion
9:35 ET -- Honeywell International is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Honeywell has struck a roughly $5 billion deal to buy Carrier Global's security business. The security business makes products including electronic locks for big companies, hotels and hospital chains. The acquisition is meant to help bulk up Honeywell's Building Automation segment, whose customers include hospitals, airports, data centers and the like. The deal was announced by the two companies Friday morning, confirming an earlier report by The Wall Street Journal. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
December 08, 2023 09:51 ET (14:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying
-
The 10 Best Companies to Invest in Now