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Way clear for NCR to shift business focus
September 30, 2007
Dayton(Ohio) Daily News: The official spin-off Monday of NCR Corp.'smoneymaking Teradata Data Warehousing Division is an invigorating time for Dayton and the company, said Bill Nuti, president and chief executive of NCR. "We're quite proud of the fact that we have added another company to the S&P 500 — in Teradata — to the area," Nuti said. NCR on Jan. 8 announced its planned third-quarter spin-off of Teradata, which NCR has owned since 1991 and watched become one of the world's leading enterprise data warehousing companies. Teradata Corp. common stock began trading Oct. 1 on the New York Stock Exchange under the symbol of "TDC." NCR's common stock will continue to trade on the NYSE under the symbol "NCR."
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