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https://www.barrons.com/articles/buy-fortune-brands-stock-price-spinoff-51651789577?mod=past_editions
Submission: On May 11 via api from CH — Scanned from DE
Submission: On May 11 via api from CH — Scanned from DE
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We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. CHROME SAFARI FIREFOX We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox Search News & Quotes Barron's TopicsStock PicksMagazineDataAdvisorPenta100 Years Subscribe Now |Sign In Barrons How a Spinoff Will Boost Fortune Brands—and Make the Stock a Buy Now Next: Tech Is Getting Crushed. 2 Stocks to Buy Amid the Wreckage. * * * * Share This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/buy-fortune-brands-stock-price-spinoff-51651789577 * Consumer * Barron's Stock Pick HOW A SPINOFF WILL BOOST FORTUNE BRANDS—AND MAKE THE STOCK A BUY NOW * * * * -------------------------------------------------------------------------------- By Avi Salzman Updated May 7, 2022 / Original May 6, 2022 * Order Reprints * Print Article FORTUNE, WHICH OWNS BRANDS SUCH AS MOEN AND MASTER LOCK, COULD UNLOCK VALUE THROUGH A SPINOFF OF ITS CABINETRY BUSINESS. Courtesy of Shaws Fortune Brands Home & Security is a leader in home remodeling, selling everything from cabinets to storm doors and plumbing. Now, it’s remodeling itself by spinning off its largest division into a stand-alone company that could draw in new investors and make the stock sparkle. Fortune (ticker: FBHS) is no stranger to spinoffs. The company was born from a spinoff a little over a decade ago, when it was part of a conglomerate that also sold Jim Beam liquors and Titleist golf balls. That spin was extremely successful, as Fortune... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- * Hedge Funds * Tech Trader TECH IS GETTING CRUSHED. 2 STOCKS TO BUY AMID THE WRECKAGE. * * * * -------------------------------------------------------------------------------- By Tae Kim Updated May 8, 2022 / Original May 6, 2022 * Order Reprints * Print Article Warren Buffett once said, “You don’t find out who’s been swimming naked until the tide goes out.” Well, the tide has gone out for technology-focused hedge funds. In the first four months of the year, tens of billions of investors’ capital has been vaporized in what could be the quickest collapse of dollar value in hedge fund history. Tiger... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- More from News Corp * Realtor.com Looking to buy your first home? You’ve come to the right place. * PENTA Pickleball Takes Its Place as the Must-Have Luxury Amenity * MarketWatch Masco Corp. stock rises Monday, outperforms market * Financial News London Why inflation emerged during the pandemic * PENTA Good Company: FLYJETS Aims to Make Flying Private More Accessible—and Green Close HOW A SPINOFF WILL BOOST FORTUNE BRANDS—AND MAKE THE STOCK A BUY NOW Fortune Brands Home & Security is a leader in home remodeling, selling everything from cabinets to storm doors and plumbing. From To Message SEND An error has occurred, please try again later. Thank you This article has been sent to Privacy Notice Cookie Notice Do Not Sell My Personal Information Copyright Policy Data Policy Accessibility Your Ad Choices Subscriber Agreement & Terms of Use Barron's Archive Corporate Subscriptions Manage Notifications Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. Barron's Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.