Tag Archives: KMX

Qnity Electronics And Solstice Advanced Materials Spin Off Into S&P 500

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It’s a big week for big spinoffs, with two new spinoffs immediately joining the S&P 500. Honeywell(HON) will complete its spinoff of Solstice Advanced Materials(SOLS) first with the Solstice spinoff joining the S&P 500 tomorrow, October 30,2025.  Solstice stock will replace CarMax(KMX) in the index on October 31. CarMax will move into the S&P SmallCap 600, replacing USANA… Read More »

Forbes Plays Monday Morning QB And Looks At Five ‘Shortsighted’ Spins

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M&A gets a lot of attention, but many have questioned whether or not it delivers the expected returns to shareholders. Often this is a result of paying too much. While the data on spinoffs is pretty favorable (we might be a bit biased here), the transaction can have some consequences. For example, if the parent company doesn’t retain… Read More »