Month: July 2010

LRAD To Spin Off Parametric Sound, The Company Nobody Wanted

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Image via Wikipedia LRAD Corporation (LRAD) recently announced its intention to spinoff most of its HSS Technology (HyperSonic Sound) related business into a new company called the Parametric Sound Corporation. The transaction is expected to be completed within the next three to four months. Post-spinoff, LRAD will continue making its Long Range Acoustic Device (for which the company… Read More »

HBS Paper Analyzes Whether Analysts Add Value

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Image via Wikipedia A little while ago, we highlighted some interesting academic research looking at the returns of spinoff stocks. Recently, another study looking at the space was published, albeit from a slightly different angle, by Harvard Business School doctoral graduate Emilie Rose Feldman and professors Stuart C. Gilson and Belén Villalonga. The authors attempt to answer one of the… Read More »