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Ralcorp, meanwhile, is spinning off its Post Foods cereal business.
Lucent is spun off from "telecommunications papa AT&T".
ITT is spinning off its military and water units, but keeping its industrial products business.
Now "Newsreaders" is spinning off into its own 15-minute slot in the Adult Swim schedule.
ConAgra Foods jumped 4percentt on news the company is spinning off its frozen potatoes business.
Gannett Co. is spinning off its publishing assets into a separate publicly traded company.
Both of those divisions were spun off.
KBR was spun off from Halliburton last year.
The home and security division is to be spun off.
It was spun off from Cablevision in 2011.
The joint company was spun off in 1997.
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