Tag Archives: Brighthouse

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 »

MetLife(MET) Completes Brighthouse(BHF) Spinoff, Boots AutoNation From S&P 500

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After a long gestational period, MetLife (MET) finally completed the spinoff of its life insurance & annuity business, Brighthouse Financial (BHF) this week. MetLife shareholders as of July 19th should have received 1 share of BHF for every 11 MET shares owned. Brighthouse trades on the NASDAQ and was also added to the S&P 500 Index, replacing auto dealer… Read More »