spin off

CAMPBELL SOUP CO. $40 (New York symbol CPB; Consumer sector; Shares outstanding: 300.7 million; Market cap: $12.0 billion; Takeover Target Rating: Medium; Dividend yield: 3.5%; www.campbellsoupcompany.com) makes a variety of food products under the brands Campbell’s Soup, Pepperidge Farm, V8, Bolthouse Foods and others.


Activist investor Daniel Loeb, through his Third Point hedge fund, has teamed up with George Strawbridge Jr., the grandson of Campbell’s founder John Dorrance....
Chemical giant DowDuPont continues to plan for its split into three new businesses, following last year’s big merger.


The stock has suffered in the past few months over concerns trade disputes could slow global growth. Cyclical industrial manufacturers, such as automakers, are the company’s major customers and they depend on that growth.


However, DowDuPont’s upcoming breakup should help unlock significant value for its shareholders.


DOWDUPONT INC....

SHAWCOR LTD. $22 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 70.1 million; Market cap: $1.5 billion; Price-to- sales ratio: 1.0; Dividend yield: 2.7%; TSINetwork Rating: Average; www.shawcor.com) is a leading producer of sealants and coatings to keep oil and gas pipelines from rusting....



Madison Square Garden LISTEN:




MADISON SQUARE GARDEN CO....
MACK-CALI REALTY CORP. $20 (New York symbol CLI; Shares outstanding: 90.3 million; Market cap: $1.8 billion; Dividend yield: 4.0%; Takeover Target Rating: Highest; www.mack-cali.com) is a New Jersey-based real estate investment trust that owns, manages and develops office and apartment properties in the Northeastern U.S....
ELANCO ANIMAL HEALTH INC. $33 (New York symbol ELAN; Shares outstanding: 365.6 million; Market cap: $12.1 billion; No dividend paid; Takeover Target Rating: Medium; www.elanco.com) makes medications for both livestock and companion animals (pets).


On September 21, 2018, Eli Lilly (New York symbol LLY) set Elanco up as a separate company and sold 19.8% of its shares through an initial public offering at $24 each....
FRONTDOOR INC. $39 (Nasdaq symbol FTDR; Shares outstanding: 84.8 million; Market cap: $3.3 billion; No dividend paid; Takeover Target Rating: Medium; www.frontdoorhome.com) provides contracts to cover the repair costs of home appliances and major systems such as heating and cooling....
STARBUCKS CORP. $59 (Nasdaq symbol SBUX, Shares outstanding: 1.4 billion; Market cap: $82.6 billion; Dividend yield: 2.5%; Takeover Target Rating: Medium; www.starbucks.com) is a leading seller and roaster of specialty coffee.


Activist investor Bill Ackman recently revealed that his Pershing Square hedge fund had made a $900 million investment in Starbucks....
MADISON SQUARE GARDEN CO. $292 (New York symbol MSG; Shares outstanding: 23.7 million; Market cap: $6.9 billion; No dividend paid; Takeover Target Rating: Lowest; www.msg.com) is a sports and entertainment company that owns the New York Rangers hockey team, the NBA’s New York Knicks and several other sports franchises....
GENERAL ELECTRIC CO. $12 (New York symbol GE, Shares outstanding: 8.7 billion; Market cap: $104.4 billion; Dividend yield: 4.0%; Takeover Target Rating: Low; www.ge.com) has replaced its CEO, John Flannery, with Larry Culp—the former CEO of Danaher Corp....