Kraft Heinz picks new CEO as sales slump in the face of higher prices
Current Kraft Heinz CEO Miguel Patricio will stay on as chair of the board after stepping down. Source link
Read More
Spin-offs
Johnson & Johnson investors can soon swap their shares for Kenvue stock — here’s what you need to know
J&J owns nearly 90% of Kenvue shares and plans to reduce its stake in the company through an exchange offer
Read More
Goldman sees another robust year for spinoffs. How to spot those that will outperform
Spinoff stocks have tended to outperform their parents, according Goldman's research. But some don't knock it out of the park.
Read More
Should you follow Carl Icahn into his next big move? Deutsche Bank sees possible 45% gain
Icahn has amassed an 8% stake in Crown, and Deutsche Bank thinks investors should follow suit. Source link
Read More
Deutsche Bank logs ninth straight quarter of profit with big earnings beat
Deutsche Bank on Wednesday reported a net income of 1.115 billion euros for the third quarter. Source link
Read More
3M will spin off its health care business into a new public company
3M announced Tuesday that it will spin off its health care business into a separate publicly traded company. Source link
Read More
Investor sells big stakes in Deutsche Bank, Commerzbank: Bookrunner
An undisclosed investor is thought to be selling shares in Deutsche Bank and Commerzbank that amount to more than 5%
Read More
Break-up boom: How investors can win betting on the growing stock spinoff trend on Wall Street
The scene is set for an increase in companies looking to spin off businesses, but results can be uneven. Here's
Read More