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Ford is selling operations unrelated to carmaking.
Nortel Networks said yesterday that it was selling operations that produce optical components for $108 million to Bookham Technology of Britain.
David Barford, the director of selling operations at John Lewis, the department store, said: "Men have been out in force this week buying last-minute presents in lingerie and beauty.
Auctions are an important part of selling operations in the agricultural markets of many countries, for they have traditionally provided a rapid and effective means of disposing of goods, especially perishable products.
The company says the technology will become increasingly useful as users connect from one consumer service to another on the Internet and as business increasingly automates buying and selling operations.
That was a reference to steps taken by Interpublic executives that have included paying down debt, reducing expenses like rent and selling operations deemed not central to Interpublic's major lines of business.
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Last week, news broke of a 22-year-old undergraduate getting a relatively light sentence for her role in a drug selling operation, done with her brother.
The company said it planned to sell operations in Canada, Hungary and Indonesia.
In its 11-year history, NanoGram has spun off or sold operations to other companies in communications and medical electronics.
Energis also offered to cut 400 jobs and sell operations it bought in Continental Europe during a two-year acquisition spree that increased debt.
The earlier European strategy has seen Rocket sell operations to the likes of Groupon (CityDeal for around $100 million) and eBay (Alando for $54 million).
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