Your email has been successfully added to our mailing list.

×
0 0 0.00215992862844536 0.00215992862844536 0.00389726252523836 0.00427290228670703 0.00873362445414854 0.00932056158144346
Stock impact report

Goldman Signals End of an Era in Private Equity With a Big Hire [BNN Bloomberg (Canada)]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: BNN Bloomberg
That's the message from Marc Nachmann, the head of the Wall Street firm's money-management arm, adding his voice to the chorus of industry leaders declaring the buyout business has passed a critical juncture. A period of profits driven by financial engineering and “multiples expansion” is over, Nachmann said in an interview. “Where your returns come from will be much more focused on creating better earnings growth,” he said. To that end, Goldman is bringing in corporate muscle, hiring Darius Adamczyk — the former head of Honeywell International Inc. — to parachute into portfolio companies that the bank works with and help fix their operations. Even at a bank known for scooping up high-profile advisers, adding a 58-year-old former chief executive officer of a sprawling industrial conglomerate is hardly ordinary. “It's a little bit unusual,” Nachmann said. “He's pretty young to be a retired CEO. And he's a retired successful CEO who wants to roll up his sleeves and help.” The Wal Show less Read more
Impact Snapshot
Event Time:
HON
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
HON alerts

from News Quantified
Opt-in for
HON alerts

from News Quantified