TMCnet

Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment into a New Independent Publicly Traded Company

As an independent company with experienced leadershp and dedicated capital allocation, SpinCo will have the operational focus ...

Eaton Refocuses On Electrical And Aerospace As AI Power Bet Grows

Eaton (NYSE:ETN) plans to fully spin off its Mobility division, repositioning the company as a focused electrical and ...
AOL

Why GE's power spin-off is one of the biggest winners from the AI boom

GE Vernova's (GEV) latest quarter highlights why the power equipment maker is a Wall Street favorite. Shares of the Cambridge, Mass.-based company rallied 15% on Wednesday after orders for gas ...

Flex Shares Gain on Plans to Spinoff Cloud, Power Business as 4Q Results Improve

Shares of Flex gained after the company disclosed plans to spin off its cloud and power infrastructure segments as it logged higher profit and revenue in its latest quarter. The stock rallied 13% to ...
Blockonomi

Flex (FLEX) Stock Soars 35% on Earnings Beat and Infrastructure Business Spin-Off

Flex (FLEX) stock jumps 35% after beating Q4 earnings estimates and announcing a spin-off of its Cloud and Power ...

Flex to spin off AI data-center infrastructure unit into listed company

By Sabrina Valle NEW YORK, May 5 (Reuters) - Contract manufacturer Flex on Tuesday outlined plans for a strategic break-up to ...