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Loews has already distanced itself from its tobacco unit by listing it as a tracking stock, which gives the parent $300 million a year in dividends.
It trades as a tracking stock.
The deal is particularly complex because of Liberty's status as a tracking stock of AT&T.
Swinging the shepherd's cane he uses as a tracking aid, McCarson started cutting.
Shares of the consumer business will trade as a tracking stock of the business operation.
Shares of Liberty, which trades as a tracking stock of AT&T, fell 46 cents, to $16.19.
At Sprint PCS, the wireless unit that trades as a tracking stock, revenue more than doubled to $996 million.
Electronic Arts plans to spin off EA.com as a tracking stock in the first half of 2001, Mr. Riccitiello said.
The company, which trades as a tracking stock of General Motors, its parent, does not report earnings per share.
Similar(2)
They have twice as long a track record.
Think of the Web as a track meet.
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