Profitable Business

PSA to sell most profitable business, profit slumpsPARIS: PSA Peugeot Citroen , the worst hit carmaker in Europe's sales slump, put its most profitable business up for sale as it struggles to cut debt and reverse losses at its core manufacturing division. PSA, Europe's No. 2 automaker, is struggling to finance the overseas expansion it needs to reduce dependence on its stagnating home region. The French company revealed more cost cuts along with ...Business Times - 1 hour, 17 minutes ago
Kodak Focuses Consumer Business On More Profitable Growth OpportunitiesEastman Kodak Company announced today that, as a result of its ongoing strategic review process and commitment to drive sustainable profitability through its most valuable business lines, it plans to phase out its dedicated capture devices business – comprising digital cameras, pocket video cameras and digital picture frames – in the first half of 2012.Business Wire via Yahoo! Finance - Feb 09 05:30am
Beware: a less profitable future aheadInvestment banks weren’t the most profitable of businesses last year. But things have just got a whole lot worse.eFinancial News - Feb 14 11:07am
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