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Wall Street analysts downgrade Honeywell. We think they’re making a mistake.
JPMorgan cut the industrial name’s rating to neutral from buy, citing concerns that its forthcoming materials spin-off appears dilutive.
Swedish battery maker Northvolt says head of Europe’s first homegrown gigafactory to step down
It comes shortly after the cash-strapped company announced plans to reduce its workforce by about 25% in Sweden as part of a major cost-cutting drive.
U.S. crude oil drifts lower, trades below $74 per barrel after selloff
Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.