Actionable news
0
All posts from Actionable news
Actionable news in HON: HONEYWELL INTERNATIONAL Inc,

Will Activists Push B/E Aerospace to Merge With Honeywell?

B/E Aerospace (BEAV) shares have been caught in the doldrums of late. It could be time for an activist to step in and set the company onto a new course.

Wellington, Fla.-based B/E already weathered one activist incursion, a push by Ralph Whitworth's Relational Investors LLC that resulted in the company spinning its distribution business, KLX Aerospace, out as an independent. Relational is long gone, but shares of B/E have seen little benefit. The company traded at about $49 apiece on Tuesday, June 21, compared to $70 per share at the peak of Relational-related optimism and about $63 per share a month after the KLX split was completed.

SMALL INVESTMENT, BIG POTENTIAL. TheStreet's Stocks Under $10 has identified a handful of stocks...


More