Month: May 2010

Upcoming Spin-off: Vishay Precision Group

Vishay Precision Group (VPG), a proposed spin-off of Vishay Intertechnology. Upon completion of the spin-off, VPG will trade on the NYSE under ticker symbol VPG. VPG is in the business of designing, manufacturing and marketing Foil Technology Products (strain gages, ultra-precision foil resistors, and current sensors) and Weighing Modules and Control Systems (transducers/load cells, instruments, weigh modules, and… Read More »

Checking In On Questar

Image via Wikipedia One potential hurdle for Questar’s (STR) proposed spinoff was cleared earlier this week as the company’s Board of Directors approved the transaction. The new company, QEP Resources, Inc is expected to trade on the NYSE under the symbol “QEP” and will be comprised of the natural gas and oil exploration and production (E&P) and midstream field services businesses.… Read More »

First American Financial Corp.

Image via Wikipedia First American Financial Corporation is scheduled to be spun-off from First American Corporation later on this year (from the proxy filed 4/26/10 the targeted date is June 1st 2010). Spin-offs are some of my favorite investments because some of them offer distinct advantages over other investments: 1. When they begin trading, they are more prone… Read More »

Can McDermott(MDR) Spinoff Babcock & Wilcox Generate Power For Your Portfolio?

Image via Wikipedia By the time United Technologies(UTX) offered to purchase Babcock & Wilcox for $42 per share in March 1977, the company’s storied history already extended over a century.  Founded to manufacture and sell the water tube boiler invented by Stephen Wilcox, the company’s products powered the first New York City Subway, Teddy Roosevelt’s Great White Fleet and the… Read More »