NewsWire

5 Short Sighted Stock Spinoffs

By The Street on January 27th, 2012

? ? Divestitures became a major 2011 strategy as some of America?s biggest blue chip stocks like (KFT), ConocoPhillps (COP), (ABT), (NOC), Tyco (TYC) and (MRO) spun assets to unlock value in their shares. Shareholders big and small may cheer the flurry of recent spin offs, but in some cases divestitures can be a sugar ...