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The military contractor Litton Industries Inc. agreed yesterday to sell its Weather Services International unit to Landmark Communications Inc. for $120 million, raising cash as it tightens its focus on core operations.
Sony, which is in the final year of a three-year turnaround plan led by its chief executive, Howard Stringer, took Sony Financial public in October in its latest step to focus on core operations like the consumer electronics business.
Oswald J. Grübel, the UBS chief executive, has been working to reduce the bank's risk exposure and focus on core operations, including wealth management, since he took over in February.
It will also help Cargill focus on core operations like grain purchasing and distribution and the making of food ingredients like dressings and sauces, as well as improve its credit rating by paying down debt.
"Such actions include, but are not limited to, the sale of non-core assets, the immediate replacement of management, and the refocusing of the business on core operations in North America".
Because it can do this more efficiently, its clients can focus on core operations while saving money and enhancing productivity at the same time.
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Exploration of the temperature limits of liquid lithium PFCs in a tokamak divertor and the corresponding consequences on core operation are a high priority informing the possibilities for future liquid lithium PFCs.
Cable and Wireless is currently sitting on £3.1 billion ($4.4 billion) in cash, a result of a restructuring undertaken by its chief executive, Graham Wallace, who has sold off businesses not central to core operations and focused on providing data and Internet services to corporate customers.
The state is focusing its ferry system on its core operations, larger boats that carry vehicles as well as people.
To return to profit, UBS is focusing on its core operations of wealth management, investment banking and asset management.
A deal with Geely would complete Ford's plans to sell off its European brands to raise money and focus on its core operations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com