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Investor's Business Daily

Investor's Business Daily

Dow Giant Eyes Possible $10 Billion Spinoff; Is It The Next GE?

Investor's Business Daily
Summary
Nutrition label

79% Informative

Honeywell International announced plans to spin off its advanced materials division into an independent, publicly-traded U.S. company.

The move simplifies Honeywell 's business around its core themes of aviation, automation and the energy transition.

Honeywell stock surged premarket Tuesday on the news, leading the Dow Jones Industrial Average in premarket trade.

VR Score

76

Informative language

75

Neutral language

15

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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