Honeywell will split itself into three separate companies, the company said yesterday as it announced a plan to break up its automation and aerospace businesses in addition to a previously ...

Along with the split announcement, Honeywell reported that fourth-quarter net income rose to $1.29 billion, or $1.96 a share, from $1.26 billion, or $1.91 a share, in the same period a year ago.

Honeywell's shares have been stagnant around ... All this creates many moving parts ahead of the break-up next year, designed to create shareholder value. With shares commanding a full valuation ...