Fiat Chrysler will spin off Ferrari

MILAN - Fiat Chrysler Automo biles announced Wednesday that it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand's value and distinguish it from its mass-market...

Kimberly-Clark to spin off health care business

...and Huggies diapers, said on Thursday that it plans to spin off its health care business into a separate publicly traded...have changed over time and we now think that pursuing a spin-off makes sense for our shareholders," said Kimberly-Clark...

Time spin-off highlights risks facing magazines

...days after Time Warner announced the spin-off, its shares hit a 52-week high...Janney Capital Markets, said the spin-off frees Time Warner from the uncertainty...that's why Time Warner wants to spin off Time Inc."Meanwhile, magazine...

Apple changes mind - won't spin off Newton

SAN JOSE, Calif. - Three months after announcing the spin off of its Newton division, Apple Computer Inc. has changed its mind and instead will develop a general-purpose version of its...

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Yahoo will spin off its stake in AlibabaSAN FRANCISCO - Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group...

Activist investor steps up pressure on DuPont

...and communication. It also wants the performance chemicals unit separated.While DuPont has already announced plans to spin off the performance chemicals segment, Trian said that the plans include "poor corporate governance and punitive anti-takeover...

Restaurants are out to show Phoenix is not a foodie desert

...than two blocks east of the Roosevelt stop on Roosevelt Street is Short Leash Sit...Stay, a brick-and-mortar spin-off of one of the city's first successful food trucks. Husband and wife Brad and Kat Moore have been garnishing locally-made...

American Express to jettison financial advisers business

...Express Co. said Tuesday it plans to spin off its financial advisory business to...about $700 million in 2004. "This spin-off will create two distinct businesses...that American Express decided to spin off the advisory unit rather than sell...

Center gets new owners

A new partnership that includes a spin-off company of Windsor Jewelers and an Edgefield investor...partnership is made up of three groups: Windsor Management, a spin-off company of Windsor Jewelers; Wayne Raiford, an Edgefield...

Merry Land earnings improve

...loss. The company, which was created on Oct. 16 as a spin-off of Merry Land & Investment Co.'s merger with Chicago-based...Investment shareholders received one share of the new spin-off company for every 20 shares held. Merry Land Properties...