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Exact(13)
This will make it easier to separate their businesses, decide which are profitable and hive off the rest.
Volkswagen and Mercedes, both of which are profitable and less vulnerable to the industry slump, borrowed from the European Central Bank for the first time in February.
It is hard to imagine how domestic carmakers, few of which are profitable now, will be able to compete with cheaper, higher-quality imports.
He said the company, which closed The Cincinnati Post last year, had no plans to sell its remaining papers in 14 markets, which are profitable.
But over the last year, investors in Mr. Batista's six publicly traded businesses — none of which are profitable — have unloaded their shares amid disappointing projections, missed deadlines and a heavy debt load.
"We've tried that with the motor industry, it hasn't worked and the best thing now is to focus on the things that we can do and which are profitable".
Similar(47)
LinkedIn, which is profitable, has more than 120 million users on its network.
In 2013 Trinity Mirror, a newspaper group, invested in the site, which is profitable.
We have a business which is profitable and which has been profitable for nine years and we intend to keep it that way.
Enzon, which is profitable, was not trading below its cash value.
Nintendo, which is profitable, might well make an attractive target for Microsoft, analysts say.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com