Maple Leaf Foods (MFI) is spinning off its pork business into a separate publicly traded company as it tries to turnaround its poor-performing stock. In a news release, Toronto-based Maple Leaf said it is spinning off its pork division so that it can focus on its more profitable packaged goods business that includes ready-to-serve foods such as Ready Crisp bacon.Under the plan, Maple Leaf stockholders will receive shares in the new company, while Maple Leaf will retain a 20% ownership stake in the still unnamed pork company. Additionally, the new pork company will continue to provide Maple Leaf…