Merck (MRK) announced plans to separate its core pharmaceutical division into two units as it prepares for the upcoming patent expiration of its top-selling drug. The drugmaker said it is organizing ...

Automotive and industrial parts distributor Genuine Parts will separate into two independent companies, it said on Tuesday, months after a deal with activist investor Elliott Investment Management.

Ben Affleck isn’t seeking to settle down right now, instead opting for no-strings flings, reveals a source, who says the 53-year-old actor-director doesn’t have the bandwidth for anything serious or ...

Kraft Heinz said Wednesday it’s pausing its plans to split into two companies. Steve Cahillane, a former Kellogg Co. chief who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of ...

Kraft Heinz (KHC) announced on Tuesday that it would pause plans to break the company into two separate entities, with new CEO Steve Cahillane saying that its "challenges are fixable and within our ...

Jan 29 (Reuters) - International Paper (IP.N), opens new tab said on Thursday it would split into two publicly traded companies by spinning off its European packaging business, aiming to streamline ...

This story has been update with comments from the Greater Memphis Chamber. Memphis-based International Paper said on Jan. 29 it would split into two publicly traded companies by spinning off its ...

Memphis-based International Paper said on Jan. 29 it would split into two publicly traded companies by spinning off its European packaging business, aiming to streamline its operations and boost ...

Stock splits don’t boost intrinsic value, but they lead to higher trading volumes and more attention from investors. Identifying stocks before splits are announced can lead to higher returns, but it’s ...

Reacting to the dilemma, one person said that the couple "are both still using utilities and common space as two people, not one" Bailey Richards is a Writer-Reporter at PEOPLE. She has been working ...

Stock-split euphoria continues to be a source of investor optimism on Wall Street. Two of Wall Street's brightest billionaire investors opened new positions in the blockbuster stock split of the year.