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EBay sells Enterprise unit, tops profit expectations

...925 million and topped Wall Street expectations for its second-quarter earnings as the online retailer prepares to spin off PayPal.Shares rose more than 4 percent in morning trading Thursday.EBay had said in January that it might sell Enterprise...

http://chronicle.augusta.com/news/business/2015-07-16/ebay-sells-enterprise-unit
Deutsche Bank co-CEOs to step down

...Fitschen and the other defendants have denied any wrongdoing.Deutsche Bank recently announced a reorganization that will spin off its Postbank branches in Germany, close offices in some countries and eliminate less-profitable business at its investment...

http://chronicle.augusta.com/news/business/2015-06-07/deutsche-bank-co-ceos-step
EBay thinking smaller as it prepares for split from PayPal

...marketplace.The effort comes as it attempts to address investor concerns about how it will fare later this year after it spins off its PayPal division, which has long been eBay's fastest-growing segment.CEO John Donahoe said Wednesday the company...

http://chronicle.augusta.com/news/business/2015-04-24/ebay-thinking-smaller-it-p
Business news

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...

http://chronicle.augusta.com/news/business/2015-01-27/business-news
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...

http://chronicle.augusta.com/news/business/2015-01-09/activist-investor-steps-pr
Exxon, Chevron post higher earnings despite low oil prices

...trend lately has been for integrated oil and gas companies, which own production, refining and distribution assets, to spin off their refining operations into different companies in an effort to better appeal to investors.Exxon CEO Rex Tillerson...

http://chronicle.augusta.com/news/business/2014-10-31/exxon-chevron-post-higher-
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...

http://chronicle.augusta.com/news/business/2014-10-29/fiat-chrysler-will-spin-fe
Report: Hewlett-Packard to split into 2 separate companies focusing on computers and services

...reward technology companies for slimming down and focusing on core business offerings. Last Tuesday, eBay said it would spin off its mobile payment service PayPal into a separate and publicly traded company. Investors sent eBay shares up more than...

http://chronicle.augusta.com/news/business/2014-10-05/report-hewlett-packard-spl
Philips to separate lighting division into new company

AMSTERDAM - Royal Philips NV says it will spin off its lighting division and the rest of its operations into...Tuesday's announcement follows the decision in June to spin off its lighting components arm, and it is no longer clear...

http://chronicle.augusta.com/news/business/2014-09-23/philips-separate-lighting-
Overtime

...Corvette.The Prototype class points leaders overcame six cautions periods, a potential race-ending brake problem and a spin off-course and through the grass.Pierre Kaffer and Giancarlo Fisichella won the GT Le Mans class in the No. 62 Risi Competizione...

http://chronicle.augusta.com/sports/2014-08-10/overtime