spin-offs

Analyst Sees Big Upside in Nuance Communications After the Spin-Off

Nuance Communications Inc. (NASDAQ: NUAN) is planning to spin off its auto business into a new public company, Cerence, which will begin trading on October 1. Ahead of this spin-off, ...
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DowDuPont Spells Out Details of Material Sciences Spin-Off

DowDuPont Inc. (NYSE: DWDP) confirmed Friday morning that its intended division into three separate companies is going ahead as planned. The first division to be hived off is the material ...
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Meet Pfizer and GlaxoSmithKline’s New Joint Venture

GlaxoSmithKline PLC (NYSE: GSK) shares bounced higher on Wednesday after the company announced a new joint venture with Pfizer Inc. (NYSE: PFE). These two firms will create a premier global ...
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Why United Technologies Finds That Breaking Up Is Not So Hard to Do

United Technologies Corp. (NYSE: UTX) announced after markets closed on Monday that it has completed its acquisition of Rockwell Collins and now plans to separate itself into three new publicly ...
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6 Most Important Things in Business Today

President Trump plans to increase tariffs. According to The Wall Street Journal: President Trump, days before a summit with China’s leader, said he expects to move ahead with boosting tariff ...
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Why VF Corp Is Planning to Spin Off Its Jeans Business

VF Corp. (NYSE: VFC) announced early on Monday that it plans to split the firm into two separate publicly traded companies. Ultimately, VF Corp. will hold on to its main ...
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Eli Lilly to Spin Off Elanco in IPO

Elanco Animal Health has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, ...
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As Time Prepares to Sell Large Part of the Company, What Happens to the Rest?

Time Inc. (NYSE: TIME) filed a statement with the U.S. Securities and Exchange Commission that showed, among other things, it plans to sell several businesses that represent nearly a fifth ...
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Hewlett Packard Enterprise Shares Tumble Ahead of Q3 Earnings

Shares of Hewlett Packard Enterprise Co. (NYSE: HPE) have tumbled ahead of the long holiday weekend. HPE announced that it has completed the spin-off of much of its software business, ...
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money

Honeywell Plans Spin-Off Dividend for Early October

Honeywell International Inc. (NYSE: HON) took another step in its evolution when it announced that its board of directors has declared a pro rata dividend of AdvanSix common stock to ...
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M&A

HPE Earnings Report Overshadowed By Spin-Off Merger

Hewlett Packard Enterprise Co. (NYSE: HPE) reported its fiscal third-quarter financial results after markets closed on Wednesday. However these earnings were overshadowed by the company’s most recent spin-off and merger. ...
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aluminum cans

Alcoa Offers Details on Split, Investors Head for the Exit

Alcoa Inc. (NYSE: AA) filed a Form 10 initial registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday morning that gave some details regarding the company's plan to ...
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Hewlett Packard Enterprise

What the HPE and CSC Deal Really Means

Hewlett Packard Enterprise Co. (NYSE: HPE) reported fiscal second-quarter financial results after the markets closed on Tuesday. There is far larger news here than mere earnings reports, and it may ...
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Xerox Tower

Former Xerox CEO Burns, Who Nearly Destroyed Company, Still Chair

Xerox Corp. (NYSE: XRX) CEO and Chair Ursula Burns did more to destroy the company than anyone in its decades long history. She was removed as chief executive, pending a ...
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sadness check box

Why Investors Are Disappointed in the Dow-DuPont Merger

Earlier this week, news broke that E.I. du Pont de Nemours and Co. (NYSE: DD) and Dow Chemical Co. (NYSE: DOW) were in advanced merger talks. Of course, shares of ...
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