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Latest spin-off Stories

2014-10-21 08:37:06

DALLAS, Oct. 21, 2014 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today reported third quarter 2014 results, updated its guidance for full-year 2014 adjusted earnings per share to take into account the pending spin-off of its health care business and initiated an organization restructuring. Executive Summary -- Third quarter 2014 net sales of $5.4 billion increased 3 percent compared to the year-ago period. Organic sales rose 4 percent, including a 10 percent...

2014-10-07 08:29:45

DALLAS, Oct. 7, 2014 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) today announced the record date, distribution date and distribution ratio for the previously announced tax-free spin-off of its health care business. The spin-off will form the new publicly traded company, Halyard Health, Inc. Kimberly-Clark also increased its 2014 share repurchase program to take into account expected proceeds as a result of the spin-off. Kimberly-Clark shareholders will receive one share...

2014-08-07 12:33:17

Relationship Brings New FoIP and VoIP Offerings to the ITSP Channel SHANGHAI and ROSWELL, Ga., Aug. 7, 2014 /PRNewswire/ -- New Rock Technologies, Inc., and NetGen Communications, Inc., a spin-off of Commetrex Corporation, announced a new technology and marketing partnership that will introduce the New Rock product line of access gateways, IP and wireless PBXs, eSBCs, and supporting software products to the North American market over the next 12 months. In a related announcement,...

2014-07-15 12:25:38

Tribune Company Board of Directors Approves the Separation of Tribune Publishing Company and Establishes July 28, 2014 as the Record Date for the Distribution of Shares of Tribune Publishing Company Common Stock CHICAGO, July 15, 2014 /PRNewswire/ -- Tribune Company (OTC: TRBAA) today announced the timing and details regarding the separation of its publishing business by means of a pro-rata dividend of 98.5% of the outstanding shares of Tribune Publishing Company common stock. The...

2014-07-11 16:21:30

LONDON, July 11, 2014 /PRNewswire/ -- Noble Corporation plc (NYSE: NE) announced today that its board of directors has approved the spin-off of Paragon Offshore plc, a wholly-owned subsidiary of Noble, through a pro rata distribution of an aggregate of 84,753,393 Paragon ordinary shares to the holders of Noble ordinary shares. Noble shareholders will receive one ordinary share of Paragon for every three ordinary shares of Noble held at 5:00 p.m., New York City time, on the record date...

2014-01-30 08:33:53

-- Reports quarterly revenue of $2.2 billion, an increase of 10% over the prior year DOWNERS GROVE, Ill., Jan. 30, 2014 /PRNewswire/ -- Dover (NYSE: DOV) today announced financial results for the fourth quarter and full year ended December 31, 2013. In addition, the Company is providing pro forma unaudited financial data for Dover, excluding Knowles and related spin-off costs, for the full year ended December 31, 2013. The planned spin-off of Knowles remains on track and is...

2013-07-29 23:29:42

Following a July 17th article in the Hollywood Reporter titled “Johnny Knoxville Unveils Spinoff: ‘Jackass: Bad Grandpa,’ Sets October Release”, Celebrity Business Analyst discussed the new project from Knoxville, as well as his success with previous Jackass films. Los Angeles, CA (PRWEB) July 28, 2013 Following Hollywood Reporter’s July 17th article entitled “Johnny Knoxville Unveils Spinoff: ‘Jackass: Bad Grandpa,’ Sets October Release”, CelebrityBusinessAnalyst.com...

2013-05-28 23:28:54

CelebrityBusinessAnalyst.com has released an analysis of the atypical salary arrangement of the cast of Arrested Development and contemplates the possible pay scale of its spin-off film. The discussion comes on the heels of a Business Insider report on the casts´ salary breakdown. Los Angeles, CA (PRWEB) May 27, 2013 CelebrityBusinessAnalyst.com recently analyzed the unusual salary structure the cast of the popular series Arrested Development has for its new season. After years of...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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