PM

Spinoffs: Timing is Everything

 

Andrew Corn of of Clear Indexes (CSD) believes that "Spin-Offs stand to become increasingly prevalent in the near future." Why? Because you can "Give a high growth unit the chance to reap the benefits of a high growth stock, shed a non-core business, or give investors the chance to buy into a specific industry without taking on other divisions."

Vested Interest: 
MO
Stock Symbol: IACI IAC/INTERACTIVE Stock Price: $15.25 Todays Change: +0.32 (+2.14%)

Altria: Talk About Profit Margin!

~Todd Sullivan of Value Plays~

Shareholders as of March 19 will receive 1 share of Phillip Morris International for each Altria share they hold on march 28, the spin date.

Guidance:

Altria (MO):
* 2008 full-year diluted earnings per share from continuing operations are projected to grow approximately 9% to 11% from an adjusted base of $1.50, excluding PMI.

Vested Interest: 
MO
Stock Symbol: MO ALTRIA GROUP INC Stock Price: $17.16 Todays Change: -0.22 (-1.27%)