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Procter & Gamble Could Spin Off Duracell
Tuesday, November 11, 2014 - 1:32pm | 526Read More...In its first quarter 2015 earnings call, Procter & Gamble Co (NYSE: PG) announced it will be divesting itself of iconic battery brand, Duracell. In 2014, Duracell sales accounted for $2.2 billion of Procter & Gamble’s $83 billion in sales. As the largest personal battery provider...
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Spin-Offs: Why Do Companies Do It, And What They Might Mean To Your Portfolio
Friday, August 1, 2014 - 3:43pm | 1033Read More...Synchrony Financial (NYSE: SYF), also known as GE Capital, spun off on Thursday. Earlier in the week, Windstream (NASDAQ: WIN) received a private letter ruling from the IRS, regarding the tax implications of a spin-off consisting of its fiber and copper network. The recent...
