spin off

NORTH WEST COMPANY, $32.65, Toronto symbol NWC, is a buy.

The retailer sells food, and everyday products and services through 244 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions of Hawaii, the wider South Pacific and the Caribbean.

North West is now raising your quarterly dividend by 2.7%....

TORONTO-DOMINION BANK $88 (www.td.com) is a buy. TD recently agreed to pay $1.3 billion U.S. for investment banking firm Cowen Inc. (Nasdaq symbol COWN); it provides a wide range of services to corporate clients, including brokerage, stock and bond underwriting, initial public offerings and advice on mergers and acquisitions....
3M COMPANY, $123.10, New York symbol MMM, remains a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

The company has completed the merger of its Food Safety business with Neogen Corp....
Investing in the best agricultural stocks to buy can work out even better when the stock involved is a spinoff. Learn why, and which stock we’re talking about now.
A: Aramark Corporation, $36.39, symbol ARMK on New York (Shares outstanding: 257.7 million; Market cap: $9.4 billion; Manufacturing sector; TSINetwork Rating: Extra Risk; www.aramark.com), operates in two main areas: it’s a leading food-services provider and concessions manager, serving a wide range of customers, including corporations, healthcare facilities, prisons, sports stadiums, and national parks....

3M COMPANY $147 remains a buy. The diversified manufacturer (New York symbol MMM; Manufacturing sector; Shares outstanding: 569.6 million; Market cap: $83.7 billion; Dividend yield: 4.0%; Takeover Target Rating: Medium; www.3m.com) now plans to spin off its Health Care division as a separate company....
In 2021, due to activist investor pressure from Jana Partners, Labcorp carried out a strategic review. That failed to result in a sale of the company. Instead, Labcorp initiated a quarterly dividend and a $2.5-billion share repurchase program.


To further boost shareholder value, Labcorp is now spinning off its faster-growing clinical development business....
GENERAL ELECTRIC CO. $80 remains a hold. The conglomerate (New York symbol GE; Manufacturing sector; Shares outstanding: 1.1 billion; Market cap: $88.0 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.ge.com) plans to break itself up into three separate companies.


In early 2023, GE will hand out shares in its GE HealthCare business (it makes X-ray equipment, MRI and ultrasound scanners) as tax-deferred dividends....
What is a spinooff in stocks? Learn all about what they are, including one of our spinoff recommendations, and discover the strong value behind these investments.
3M COMPANY $139 remains a buy. The diversified manufacturer (New York symbol MMM; Income Portfolio, Manufacturing & Industry sector; Shares outstanding: 569.6 million; Market cap: $79.2 billion; Price-to-sales ratio: 2.3; Dividend yield: 4.3%; TSINetwork Rating: Above Average; www.3m.com) now plans to spin off its Health Care division as a separate company....