$Air Products and Chemical(APD.US) rose five points, announcing the cancellation of that low-return clean energy project in Louisiana and exiting unprofitable investments, while also reaching a cooperation agreement with Yara. The market is buying into this kind of capital discipline—no more reckless expansion, spending money where returns are clear.
$Honeywell Tech(HON.US) basically didn't move; without new catalysts, the industrial sector is just moving sideways. $Air Products and Chemical(APD.US) got a valuation reward from management's contraction of the front line, while $Honeywell Tech(HON.US) is still waiting for its own business inflection point.
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