Take small bites and you're less likely to choke. Whether they learned it through painful career experiences or from their parents at the family dinner table, the chief executives of big industrial companies contend they are living by that advice even as a recovering economy prompts a rebound in takeover activity. From Honeywell International Inc (HON.N) to France's Schneider Electric <SCHN.PA the view holds. "Acquisitions can be a high-risk game," Honeywell CEO David Cote told an investor conference on Monday. His company is most likely to pursue acquisitions worth around $1 billion and increasingly focuses on little-watched industries, like bar-code scanning technology, as offering the best value.
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Shares of HON fell by 0.15% or $-0.09/share to $60.42. In the past year, the shares have traded as low as $37.89 and as high as $62.28. On average, 4184730 shares of HON exchange hands on a given day and today's volume is recorded at 1267476.
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