These spinoffs are off to stellar start

On April 3, 2020, aerospace products maker United Technologies spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses as separate firms. For each share held, investors received 0.5 of a share in Otis and 1 share in Carrier.
Note—United Technologies then merged… Read More

Spinoff creates two new buys for you

On April 3, 2020, United Technologies Corp. completed its merger with Raytheon Co.—the most-recent in a series of steps to unlock investor value. The merger gives you a stake in Raytheon Technologies Corp. (New York symbol RTX)—now the leading maker of commercial and military aircraft… Read More