A comprehensive study conducted at Purdue University revealed that spinoff shares achieved an excess return of more than 10% per year above the US stock market return over 36 years – between 1965 and 2000….
Bioverativ (BIVV),the Hematology Division of Biogen, has recently separated from the pharmaceutical giant, mainly to let it continue its strong growth on its own. BIVV concentrates on hemophilia, a market whose size is estimated at…
A spin-off, as is well known, is the separation of a subsidiary from the parent company by a distribution of shares as dividends to shareholders of the parent company, or, alternatively, by selling shares to…
It is now official – The Indian Satellite television giant DishTV, announced that it came to an agreement to merge with its major competitor Videocon D2h. The united company will be named DishTV Videocon Limited…
It is strange that a cheap stock like Armstrong Flooring (AFI) is going down in the last couple of weeks when the overall market moves up. Is something bad is going here? Well, recently, a…
I decide to sell Liberated Syndication (LSYN) at an average price of $0.72 (for a small profit of 3%). Something smells wrong here so I prefer to close the position.
Sometimes, a company comes to a conclusion that the activities of its subsidiaries or one of the divisions in its possession, is not consistent with the operations of the holding company. For example, the young…
I bought Aptevo Therapeutics (APVO) to the spin-off portfolio at $2.40. Note: This is a biotechnology company with high risk profile. * * * Six months ago, I bought shares of Nuvectra Corporation (NVTR) –…
Zedge (ZDGE) has recently separated via spin-off from the IDT Corporation. The company’s main activity is operating a simple application (ZEDGE Ringtones & Wallpapers) that enables smartphone users to install wallpapers, ring tones, notification sounds,…
One company will focus on Information Services including Marketing, Security and related Data Services, while the other company will focus on Order Management & Numbering Services, including NPAC Services. Read more…