...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...

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...

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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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...

RJR Nabisco is getting out of the cigarette business

...tobacco company for $7.8 billion and spin off its domestic tobacco operations as...statement. After the sale, RJR will spin off its domestic tobacco operations to...Goldstone. If RJR had tried to spin off its food assets instead, it probably...

Merry Land goes back to future

...It's an ironic ending to a company that was also a spin off in 1981 from another company named Merry -- the Merry...Investment Co. shareholders received one share of the spin off company for every 20 shares of Merry Land & Investment...