Tag #Spin-Off

repubblica.it
🌐 75% Global Worthiness
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Iveco to Spin Off Defense Sector

Iveco Group announced plans to potentially spin off its defense division, Iveco Defence Vehicles (IDV), in 2025, citing differing market trends and a desire to simplify its structure, following a year where the company recorded €15.28 billion in revenue and an adjusted net income increase of €181 mi...

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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3M Q4 Earnings Beat Expectations, but Stock Valuation Raises Concerns

3M exceeded Q4 2024 earnings expectations, reporting adjusted EPS of $1.68 and revenue of $5.81 billion, exceeding estimates; the company's positive outlook for 2025 boosted its stock price by 4%, but concerns remain about its valuation and macroeconomic risks.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Canal+ Shares Plunge 15.7% on London Debut

Shares in Canal+, spun off from Vivendi, fell 15.7% on their London debut Monday, trading at 243 pence by 10:13 a.m., while Vivendi shares rose 33.2%; the listing is seen as a boost to the UK's capital markets.

Progress

44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Continental to Spin Off Automotive Division by 2025

Continental, a German automotive supplier, will spin off its underperforming automotive division by the end of 2025, involving 7,150 job cuts and €400 million in annual cost reductions, to create a "leaner" company focused on its profitable tire business.

Progress

40% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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Comcast to Spin Off Cable Networks

Comcast plans to spin off most of its cable networks, including MSNBC and CNBC, into a new publicly traded company. The move is seen as a growth opportunity for the media industry.

Progress

36% Bias Score

dailymail.co.uk
🌐 % Global Worthiness
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I'm A Celebrity: Declan's Family Breakfast & Coleen Rooney's Revenge

Declan Donnelly's family breakfast outing in Australia precedes the new I'm A Celebrity series featuring Coleen Rooney, whose appearance is linked to the Wagatha Christie case.

Progress

0% Bias Score

abcnews.go.com
🌐 75% Global Worthiness
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Honeywell to Split into Three Independent Companies

Honeywell, a U.S. industrial conglomerate, announced it will separate into three independent companies by 2026, following pressure from Elliott Investment Management and mirroring similar restructuring by General Electric and Alcoa, to enhance agility and strategic focus.

Progress

40% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 85% Global Worthiness
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Galapagos Restructures, Splits into Two, Cuts 300 Jobs

Galapagos, a Dutch-Belgian biotech firm facing financial struggles after setbacks in US market approvals, is splitting into two entities: one focusing on oncology cell therapy, and SpinCo, receiving \u20ac2.45 billion for acquisitions, resulting in 300 job cuts and separation from a restrictive agre...

Progress

40% Bias Score

Good Health and Well-being
welt.de
🌐 75% Global Worthiness
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Continental to Spin Off Automotive Division by 2025

Continental, a Dax-listed company, will spin off its loss-making automotive division, employing almost 96,400 people, by the end of 2025, focusing on its profitable tire business to improve investor appeal, following years of financial losses and a current cost-cutting program eliminating 7,150 jobs...

Progress

44% Bias Score

Decent Work and Economic Growth
cnnespanol.cnn.com
🌐 70% Global Worthiness
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Comcast Spins Off Cable Channels

Comcast's spin-off of its cable channels into a separate company sparks debate and speculation about the future of the television industry.

Progress

8% Bias Score

bbc.com
🌐 75% Global Worthiness
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Comcast Spins Off Cable Networks

Comcast is spinning off its NBCUniversal cable TV arm, including MSNBC and CNBC, to adapt to the changing media landscape dominated by streaming giants.

Progress

40% Bias Score

Decent Work and Economic Growth