Tag Archives: Dow Jones

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

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 »

Stop The Presses? News Corp To Toss Newspapers To The Curb

After days of speculation, and months of internal debate, News Corp(NWSA) announced yesterday that it will spin off its newspaper and publishing business. The company aims to complete the transaction in the first half of 2013. Rupert Murdoch will remain Chairman of both companies and CEO of the media and entertainment business.  Each company will continue to have… Read More »