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Alcoa's Split - Trying To Add-Value

2015-09-28 17:12:50| Industrial Machines - Topix.net

In a press release this morning, aluminum giant and legacy company Alcoa announced it will be splitting itself into two public companies by the end of 2016. The Board of Directors unanimously agreed to do so in order to try to create value for different types of shareholders.

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Aluminum supplier Alcoa to split into two companies

2015-09-28 16:12:56| Industrial Machines - Topix.net

Alcoa Inc. said today it will split into two companies to separate its struggling aluminum smelting operations from production of lightweight metals for its faster-growing aerospace and automotive business. Falling commodity prices and a glut of aluminum have battered Alcoa stock, which before the news, had fallen more than 42 percent this year.

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Split in property prices emerges

2015-09-28 11:48:24| BBC News | Business | UK Edition

Evidence of a north-south divide is emerging in the pace of house price movements in England and Wales, Land Registry figures suggest.

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Lagercrantz - record date for share split

2015-09-25 14:14:59| Appliances - Topix.net

The Board of Directors set the record date today for the Annual General Meeting resolution on a share split. The record date will be 6 October 2015, which means that the last day for trading with shares prior to the split will be 2 October 2015.

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Ashland Split Dims Fortune 500 Shine

2015-09-23 20:24:28| Chemicals - Topix.net

Greater Cincinnati stands to lose another Fortune 500 company as Covington-based Ashland Inc. plans to split itself in half. The specialty chemical maker announced Tuesday it will split into two companies with its Valvoline motor lubricants unit becoming a stand-alone business.

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