Spinoffs

Shares of Lennar Corp (NYSE:LEN) have been in focus, with insufficient home supply driving record prices in the US. While the stock price has risen, there are no catalysts to adjust earnings estimates, according to Wedbush. The Lennar Analyst: Jay McCanless upgraded the rating for Lennar from...

An activist investor has urged department store chain Kohl’s Corp. (NYSE: KSS) to consider a sale of the company or a separation of its e-commerce business, the Wall Street Journal reported. What Happened: New York-based hedge fund Engine Capital LP sent a letter to Kohl’s board on...

Spinoffs are one avenue for companies to create shareholder value, and history has shown that some spinoffs have the potential to outperform the former parent. Those themes are accessible via exchange-traded funds. The VanEck Vectors Global Spin-Off ETF (NYSE: SPUN) is one of the spin-off ETFs for...

Corporate spinoffs can be done for a number of reasons, but the most common reason is to attempt to unlock shareholder value by simplifying operations. A number of extremely successful companies were once spinoffs. Here’s a look at some spinoffs you may or may not remember. eBay Inc (NASDAQ:...

In a report published Wednesday, Capstone analyst Max Reale commented that the U.S. Department of the Treasury and the U.S. Internal Revenue Service are unlikely to approve and could take action to block Yahoo! Inc. (NASDAQ: YHOO)'s proposed tax-free spinoff of its stake in Alibaba Group Holding...