1. According to Mahoney, the company did not need the cash, but was selling the division in an effort to streamline its operations. 2. The division was sold to allow the company to concentrate on its retail operations. 3. Analysts said the company had been considering selling the division directly, but was proceeding cautiously because of the importance of the eMate to its education customers. 4. As a senior vice president in charge of manufacturing at International Harvester, now Navistar International Corp, he shut facilities and sold various divisions. 5. Besides selling such divisions, where Texas Instruments was seen as little more than a glorified dabbler, Engibous has also slowed growth in research and development spending. 6. After IBM sold a division that held the contract to Loral Corp., the project was significantly scaled back. 7. But he soon oversaw a restructuring where one division was sold and the other two were combined. 8. But its writing staff, under Wolf, is based in Los Angeles at Universal Studios, whose television division was sold to Studios USA. 9. By selling some divisions, cutting costs and refocusing the company on its gas business, he has reduced its debt and losses. 10. Canadian stocks snapped a four-day decline, sent higher by Imasco Ltd. amid speculation its C.T. Financial Services Ltd. division may be sold. |