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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
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...

http://chronicle.augusta.com/life/2015-01-24/restaurants-are-out-show-phoenix-no
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
Kimberly-Clark reports $562 million Q3 profit

...its quarterly earnings increased 2.9 percent, but it will also cut about 1,300 jobs to reduce costs related to the spin off of a health care unit into its own company.The maker of Huggies diapers and Kleenex tissue reported a third-quarter...

http://chronicle.augusta.com/news/business/2014-10-21/kimberly-clark-reports-562
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
Gannett splits publishing and broadcast wings, following Time Warner, News Corp. and Tribunes

...Atorino said the newspaper unit was "holding back the Gannett stock." But many other analysts say the recent rush to spin off print assets paints a dark picture for newspapers."Now, these stand-alone print companies won't have the profits...

http://chronicle.augusta.com/news/business/2014-08-05/gannett-splits-publishing-