Aerospace’s presence in the portfolio is the chief cause of Honeywell’s discounted valuation,” Third Point said. “Aerospace would be better off as a stand-alone entity.”
What is next my friends? Medical? New manufacturing opportunities in the metro area? We all know who the newer and or successful ones are because they are "bombarded" with our resumes! Will new manufacturing come to the US? If I had an idea, I am comfortable obtaining funding and getting the ball rolling.
@4npo: Three years ago and nothing going on about this topic. Yawn.
Uhhh. Isnt this last years news?
There is a whole world out there. If you are a level headed engineer with some enthusiasm, a decent work ethic and something of a brain you'll always be able to find employment opportunities. It's not a great time to be looking for work but the opportunities are out there. Watch your spending and keep an eye out. There is more to life than aero.
Third Point is a hedge fund that has no interests other than making the stock price go up for their ultra wealthy investors. It's a good thing that they were ignored and sent packing.