Honeywell gives shareholders another reason to like the stock ahead of its breakup

Honeywell shares were on track for a record-high close Tuesday after the industrial conglomerate said it is re-evaluating what to do with two lagging businesses ahead of its planned three-way split. The news Honeywell announced Tuesday it is exploring strategic alternatives for its productivity solutions and services (PSS) unit and its warehouse and workflow solutions…

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AeroVironment drops 7% on debt pay off plan

An image of a Quantix drone made by AeroVironment. David Mcnew | Getty Images News | Getty Images AeroVironment shares fell 7% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it…

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