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ABB shifted its focus from building large-scale power plants to more profitable power distribution, factory automation, financial services and petroleum engineering.
firm completed a yearlong restructuring in October, scaling out of product segments like cellular transceivers and GPS chips to focus on more profitable power amplifiers for wireless handsets, primarily for Nokia and Samsung.
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If it's more profitable to invest in solar power in Spain and in wind power off the coast of the UK, then German, French and Italian money should flow to these markets.
That's one of the reasons the agreement with Amazon.com is so notable: it represents the U.S.P.S. acting within its limited power to become more profitable.
In other words, risky technology stocks should be a more profitable investment, on average, than boring power utilities, since those that invest in the former are more likely to lose their shirts.
But casinos are pretty smart too and this move by the Venetian reminds me of insights penned by Stephen Baker in his now slightly dated yet still fascinating book The Numerati where he posits that increased, granular data collection by merchants will give them the power to be more profitable than ever.
Mitsubishi has shed loss-making divisions and has focused on more profitable areas such as building turbines for power plants.
"But flexible manufacturing not only makes the employer more profitable and workers more productive, it takes away power from the union.
Mr. Immelt has said he is considering buying companies with $100 billion in revenue to add more profitable sales growth and augment units like medical and power systems.
Also, Mexico's relatively heavy use of fossil fuels for electricity translated into more carbon credits for every kilowatt hour of power saved, making the project potentially more profitable.
A smaller GM just might be a more profitable GM.
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