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Many of these companies had weak financials and even weaker business plans.
The weakness mainly reflected government budget-cutting and weaker business investment.
Instead, it blamed weaker business investment here and slower economic growth overseas.
We are not feeling we would be a weaker business [if Homebase is sold] but a stronger business with an improved balance sheet," he said.
The US economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.
Schlumberger said it streamlined costs and cut 10,000 jobs during the last three months of 2015 to prepare for weaker business in early 2016.
Similar(45)
But what about HP's weaker businesses?
His work is known for showing how free trade weeds out weaker businesses and allows those that win international deals to flourish.
A leaked email describes how the billionaire owner of Arcadia Group discussed finding a Chinese buyer for Topshop, his flagship brand, and selling his weaker businesses.
Capita's exit from weaker businesses has clearly driven a marginal improvement in metrics, but falling cash generation and conversion should remain a concern for investors as the portfolio is further rebalanced.
Bank bosses argue that lending targets for what might be weaker businesses could breach rules that say any decision should be in the best interest of shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com