Tag Archives: Hewlett-Packard

Spinoff Odds and Ends: HPQ vs. HPE, Treasury Wine(TSRYY)

A few links for today Bloomberg takes a look at how HP Inc (HPQ) and Hewlett Packard Enterprise (HPE) are doing since their 2015 breakup and to the surprise of the afor today:uthor – and I would guess to absolutely no readers of this site – the ‘runt of the litter’ HP Inc is actually doing well. Newsflash:… Read More »

If You Spinoff HPE Into CSC, You Get DXC- Meg Whitman Tries A Reverse Morris Trust Transaction

Spinoffs: Once you start, you just can’t stop. Roughly a year after breaking the famed Hewlett Packard into two pieces, Hewlett Packard Enterprise (HPE) CEO Meg Whitman is at it again. This time the structure is a bit more complex than a straight spinoff though. It’s our old friend, the Reverse Morris Trust transaction. Real veteran stuff. On… Read More »

Xerox Copies HP, Completes Spinoff Of BPO Business Conduent

We want to introduce a new author to the site. The Limey is a sell side equity analyst based in London and is also (more importantly) a long time reader of this site. The Limey will look at spinoff situations in Europe and elsewhere.  Xerox (XRX) completed the spinoff of its business process outsourcing (BPO) division Conduent (CNDT)… Read More »

Hewlett Packard Enterprise To Join S&P 500; Archrock To S&P SmallCap 600

As is often the case, this week’s spinoffs have implications for market indexes.  First, Hewlett-Packard(HPQ) will be replaced by BlackRock(BLK) in the S&P 100. Hewlett-Packard will be changing its name to HP and spinning off Hewlett Packard Enterprise(HPE).  Hewlett Packard Enterprise joined its former parent in the S&P 500 after the close of trading on Friday, October 30.… Read More »

As Fiorina Runs For President On Her Record, A Broken HP Undoes Her Biggest Gambit

It would be unfair and inaccurate to blame all of Hewlett Packard’s(HPQ) problems on Carly Fiorina. After all, her successor as chairwoman, Patty Dunn resigned after presiding over illegal spying on Board members and journalists.  Mark Hurd, CEO at that time, later resigned amidst allegations of improper payments to a contractor with whom he had a personal relationship.… Read More »

Unlocking The Future – Agilent Selects Keysight As Name For Electronic Measurement Spinoff

Agilent Technologies (A) unveiled the name of its upcoming electronic measurement spinoff company as Keysight Technologies. The name is actually a combination of the words ‘key’ and ‘insight’ although dropping the ‘in’ from insight does seem to make it lose meaning. So why those two specific words? Ahhh because the new company will have the ‘ability to see… Read More »

Weak Earnings For Dell Means Time To Spinoff PCs?

Anyone have any new ideas? I know we have mentioned this numerous times – sorry – but the business and investing world is chock full of followers. We recently wrote about one example in the defense industry, but alas, it is not an isolated case. Take the PC business. IBM (IBM) successfully converted itself into a very profitable software business by dumping… Read More »

Medtronic And Others Think Twice Before Spinning

Spinoffs take a lot of time. It really isn’t so surprising considering the plethora of regulatory and logistical issues that arise from splitting up a business. While often overlooked as one time charges, companies spend millions upon millions planning and executing these transactions. As a result, at least 6 months usually pass between the date of announcement and… Read More »