Tag Archives: CRR

DowDuPont Spinoff Dow Will Replace DowDuPont In Dow Jones Industrial Average(Not Related)

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A spinoff of a Dow Jones Industrial Average component is not an everyday occurrence.  GE(GE), a former Dow component, recently spun off its transportation business into Wabtec(WAB), but the struggling company was removed from the Dow last June. United Technologies(UTX) plans to split in three next year. Even rarer, in this case, the child will join the Dow,… Read More »

Vista Outdoor Set To Join S&P Midcap 400

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Alliance Techsystems (ATK) is set to complete its merger with Orbital Sciences (ORB) today and just prior to the combination, the company will spinoff its outdoor sports segment, Vista Outdoors, in a tax free transaction. The new company will trade on the NYSE under the ticker ‘VSTO’ and ATK shareholders will receive 2 share of VSTO for every… Read More »