Honeywell shares rose 9.3 percent for the week, the best showing among the Dow Jones industrials.

Honeywell shares rose $3.625 today, to $110.75, on the New York Stock Exchange.

Honeywell shares rose $1.75 today, to $98.375, on the New York Stock Exchange.

G.E.'s rise offset a drop in Honeywell shares, which fell $1.46, to $37.04.

His motive is not just financial, although he does hold a sizable number of Honeywell shares.

Honeywell shares rose 3 7/8, to 89 3/8, in heavy volume after the company announced a restructuring to enhance shareholder value.

Based on Friday's closing price, that would value each Honeywell share at $109.45.

Still, the bad news was better than Wall Street had expected, and Honeywell shares held their own, rising 4 cents, to $36.21.

Shares of Litton were unchanged at $50.50, while Honeywell shares fell $1.125, to $51.875.

But Honeywell shares are down 16 percent from their level when the deal with General Electric was announced on Oct. 23.