Vector Group Ltd.’s stock VGR jumped 8% Wednesday after the diversified holding company said it’s agreed to be acquired by Japan’s JT Group in a deal with a total equity value of about $2.4 billion.
Instead, what happened is that after close of trading yesterday, Vector completed the spinoff of Douglas Elliman Realty (NYSE: DOUG), its New York-based commercial real estate brokerage, effectively ...
Vector Group's stock price has climbed 26% since the start of the year, giving investors a 31% year-to-date return including the dividend. Vector's performance crushed the S&P 500 index, which ...
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are ...
The Consumer Staples Select Sector SPDR Fund was one of the best-performing sectors last year, falling by less than 1% compared to the 19% decline of the Russell 1000. With economic uncertainty ...
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) (“Vector Group”) today announced that its board of directors (the “Board”) has approved the spin-off of Douglas Elliman Inc. (“Douglas Elliman”), ...
This deal appears to be an intriguing one for a number of reasons. Notably, Douglas Elliman was held as a wholly owned subsidiary under Vector Group (NYSE:VGR). While this spinoff initially resulted ...
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