When it comes to unlocking shareholder value, corporate boards, company management and activist investors often look toward spinning off a business that could stand on its own.
If you watch Mad Money regularly, you know that sometimes Cramer tells a caller he can't make a call before doing some homework. Following is research and resulting calls sparked by viewer questions about stocks.
WHITE PLAINS, N.Y.-- ITT Corp. fared better in the third quarter than analysts anticipated, providing further validation for a spin-off that streamlined the company's operations last year. A little over a year ago, ITT spun off its water-management business into Xylem Inc. and its defense segment into Exelis Inc..
*Brean Murray starts Xylem with buy rating; target price $31. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Usually the whole is greater than the sum of its parts — not to investment guru Mario Gabelli. The CEO of Gamco Investors told CNBC Monday he wants to invest in companies that have a history of splitting off successful businesses and then invest in both companies.
With the S&P 500 pulling back from the key 1350-1360 level, we may well be at an inflection point. How should you position?