Faber Report: Manufacturing company Arconic might spin off half its business

4:38 AM ET Fri, 8 Feb 2019

CNBC's David Faber reports that manufacturing company Arconic announced in a release that it plans to separate its portfolio into two businesses: engineered products and forging, global rolled products. The company also said that it plans to spin off one of the businesses, however, it did not specify which one.