I don't have anything good to say about Honeywell myself since I was Riffed after 32 years of service in Aerospace. I know that Aerospace has always been the cash cow of HW. Dave and others have been milking to death... Enough of that story. I was curious why this Loeb guy would all the sudden want them to sell off Aerospace. I found this article and it really makes me wonder about what he is up too. I would guess it has everything to do for him to make a quick Billion or two... http://www.rollingstone.com/politics/news/dan-loeb-simultaneously-solicits-betrays-pension-funds-20130411
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One thing for sure is he's smarter than the AERO brainiacs running it lol.
wonder if this was a set up - guys starts buying honeywell stock at the end of december before cote leaves in march? think about it - coincidence?
How this will have impact on us (the employees)
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A big RIF before spin off
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Buy out by another aero company
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Merge with another firm
I think for regular employees band 3 or 4 or below, it is the same task in new organization - no big change for most
Probably D.C. Best friend. Don't believe this is a coincident