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Holly LaFon
Holly LaFon
Articles (9202)  | Author's Website |

Mario Gabelli Comments on Honeywell International

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December 03, 2018 | About:
Honeywell International Inc. (NYSE:HON)(3.3%) (HON – $166.40 – NYSE) operates as a diversified technology company with highly engineered products, including turbine propulsion engines, auxiliary power units, aircraft brake pads, environmental control systems, engine controls, communications and navigation systems, sensors, home automation, catalysts and absorbents and process technology for the petrochemical and refining industries and warehouse automation equipment and software. One of the key drivers of HON’s growth is acquisitions that increase the company’s growth profile globally, creating both organic and inorganic opportunities. The company recently announced its plan to spin-off its Homes product portfolio and ADI Global Distribution businesses as well as its Transportation Systems business into two publicly-traded companies.

From Mario Gabelli (Trades, Portfolio)'s third-quarter 2018 shareholder letter.

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Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

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