Invesco S&P Spin-Off ETF
Carrier Selects Chemours’ Opteon XL41
On December 19, Chemours (CC) announced that Carrier selected its refrigerant R-454B, which is sold as “Opteon XL41.”
CC’s First Annual Corporate Responsibility Commitment Report
On October 26, Chemours (CC) announced the release of its first annual corporate responsibility commitment report.
Chemours Increases Prices of Vazo Products
On June 18, Chemours (CC) announced that it would increase the prices of all grades of Vazo products.
Chemours Announced Its Public Offering of 450 Million Euros
On May 22, Chemours (CC) announced the pricing of its public offering of 450 million euros. The senior notes are due 2026.
Chemours’s Interest Expense Is Set to Decline
Chemours’s (CC) interest expense has remained steady for the past two years.
Chemours Increases Fluoropolymer Prices
On March 29, 2018, Chemours (CC) announced a price increase for its range of fluoropolymer products across the globe.
Roth Capital Rated Vista Outdoor as a ‘Buy’
Vista Outdoor (VSTO) has a market cap of $2.9 billion. It rose by 0.44% to close at $47.56 per share on June 15, 2016.
Understanding Vista Outdoor’s Top and Bottom Lines in 4Q16
Vista Outdoor (VSTO) has a market cap of $3 billion and rose by 2.8% to close at $48.28 per share on May 12, 2016.
Vista Outdoor Appointed New Senior Vice President
Vista Outdoor (VSTO) has a market cap of $2.9 billion. It fell by 0.44% to close at $47.65 per share on May 6, 2016.
Vista Outdoor Acquired BRG Sports’ Division for $400 Million
Vista Outdoor (VSTO) has a market cap of $3.0 billion. It fell by 6.7% and closed at $49.16 per share on April 4, 2016.
How Does Vista Outdoor Compare to Its Peers?
Most of Vista Outdoor’s peers have outperformed it based on price-to-book value. It has outperformed its ETFs based on price movement and price-to-earnings.
New Gun Owning Rules Boosted Vista Outdoor’s Stock
After the tightening of gun rules by the US Bureau of Alcohol, Tobacco, Firearms and Explosives, VSTO rose 3.1% to $46.70 per share as of January 5.
How Does Keysight Technologies Compare to Its Peers?
The Guggenheim Spin-Off ETF (CSD) invests 5.0% of its holdings in Keysight Technologies.
Keysight Technologies Reported Mixed Earnings in Fiscal 4Q15
Keysight Technologies (KEYS) has a market cap of $5.3 billion. Keysight’s YTD (year-to-date) price movement was a mix of rises and falls in fiscal 2015.
Cheetah Mobile Reported Mixed Results for Fiscal 3Q15
Cheetah Mobile (CMCM) has a market cap of $2.6 billion. After the earnings report for 3Q15, it rose by 5.7% as of November 17, 2015.
How does Manitowoc view the split?
MTW expects its two newly formed companies to be consistent in capital structure and credit rating with that of Manitowoc.
Why divestitures and spinoffs are becoming common
Disruptive technologies like social, mobile, analytics, and cloud (or SMAC) are driving change in the IT and technology sector. This increases the need for continuous innovation.
Relational Investors goes activist on Manitowoc
Relational Investors LLC was co-founded by Ralph Whitworth and David Batchelder. It filed a 13D with the SEC last week and said it acquired 11.5 million shares, or an 8.52% stake, in Manitowoc (MTW)
Why a standalone Red Lobster is key to the brand’s survival
Post-separation Red Lobster is expected to have more tailored operating initiatives focused on “maintaining stable sales by retaining core guests.”
Why Darden core brands may not bring in more $100,000 customers
With the exception of Red Lobster, the company noted that it has been successful at increasing relevance to these more financially secure and younger consumers.
Darden updates Olive Garden’s menu to target low and high checks
Olive Garden is also rethinking its core menu, which is an important step to take because customers have been fleeing the restaurant in favor of alternatives.
Why Darden’s Red Lobster spinoff may still be a great opportunity
In this important series, we’ll cover Darden’s recent earnings results, its latest call, and the thought process behind spinning off just Red Lobster.
Must-know: 3 important things that could drive Darden up 45%
However, shares do tend to fall following spinoffs, as they’re widely considered an inefficient means of distributing shares to investors.
Darden analysis: Why spinoffs outperform the market by 10%
Why is Barington Capital Group proposing a spinoff? Barington Capital Group is encouraging Darden Restaurant Inc. (DRI) to split its brand because the firm believes that the restaurant conglomerate simply has too many layers and brands to manage that it’s likely hindering Darden’s competitive responsiveness rather than facilitating it. A spin-off, the investment firm says, […]
Darden analysis: Assessing the success of a Darden brand spinoff
Darden Restaurants Inc. (DRI) has jumped since the Wall Street Journal mentioned that Barington Capital Group took a 2.8% stake, calling on Darden to split in two.