Speculating about spinoffs – it’s not just for us, John Malone and deadline-driven journalists: 1) The Motley Fool handicaps the odds of a Johnson & Johnson (JNJ) spinoff in 2017. The basic premise is that JNJ has multiple segments with diverging sales trends (at least recently) so why not set one free. After playing through a few scenarios, the author ultimately suggests… Read More »
In a nod to ‘Throwback Thursday’, lets take a look at a recent spin that has been in the news recently. Last June, following a broader market trend, Time Warner (TWX) spun off its magazine business into Time Inc (TIME). After a year of independence the new company’s stock is mostly flat, which is not too shabby considering… Read More »
At his last earnings call in August, Time Warner (TWX) CEO Jeff Bewkes pushed back the timing of the company’s spinoff of Time, Inc. Three months later, another earnings call, and another delay. What had once been planned for completion this year is now projected to occur in the second quarter of 2014. Without elaborating on the reasons… Read More »
One step forward, another step back. With a new CEO finally in place, Time Inc’s spinoff seemed to be gaining some momentum. It turned out to be short lived though as Time Warner (TWX) CEO Jeff Bewkes announced during the most recent conference call that the spin would be pushed off until next year. The reason? Our top… Read More »
Time Warner (TWX) has found its man to helm its upcoming magazine spinoff, naming former executive Joseph Ripp as CEO of Time Inc. Mr. Ripp served various roles at Time Inc and Time Warner over a 20 year career there and is expected to join the company in September. He is currently CEO of OneSource Information Services and… Read More »