This breakup produced three buys

A key reason behind the success of spinoffs is that investors tend to prefer “pure-play” businesses that are easier to analyze and value.
A great example of this is trucking firm XPO, which has spun off two of its businesses in the past three years. Since… Read More

More gains on tap for these spinoffs

On April 3, 2020, aerospace and military equipment maker RTX Corp. (formerly called Raytheon Technologies, New York symbol RTX) spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses. For each UTX share they held, investors received 0.5 of a share in… Read More

These small caps are boosting investor value

Here are two small-cap firms using acquisitions and spinoffs to improve their prospects. These moves should give them more room to increase their dividends.
LEON’S FURNITURE LTD. $21 is a buy. The retailer (Toronto symbol LNF; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 68.0 million; Market cap: $1.4… Read More