Slow starts have attracted activists

These two medical-related spinoffs have struggled since they became separate companies. That has attracted the interest of activist investors. While that attention improves the prospects of both firms, we see better opportunities elsewhere.
KENVUE INC. $24 is a hold. The company (New York symbol KVUE; Consumer sector; Shares… Read More

Activist wants a different spinoff

Diversified manufacturer Honeywell recently announced that it will spin off its Advanced Materials business as a separate firm. That unit make a variety of products, ranging from body armour and pharmaceutical packaging to air-conditioning refrigerants and packaging films.
Activist investor Elliott Investment Management, which owns $5… Read More