Spinoffs & Takeovers Hotline – Friday, April 9, 2021

RESIDEO TECHNOLOGIES INC., $28.06, symbol REZI on New York, makes heating, ventilation and air-conditioning equipment. It also distributes fire protection and building security products.

Honeywell International Inc. (symbol HON on New York) spun off Resideo in October 2018. Honeywell shareholders received one share of Resideo for… Read More

Fintech melds tech and financial services

“Fintech” refers to the crossover of technology into financial services. Firms in this area offer innovative software, mobile devices, data and analytics, and networks to compete with traditional financial services providers. Many are also partnered with banks, insurance companies or investment managers to complement their… Read More