11. Harris Futures, part of the Bank of Montreal, in October agreed to sell its futures clearing business to J.P. Morgan Futures Inc. as it exited the business. 12. He said he would buy more stock if Time Warner exited the cable business. 13. ICI has previously said it wanted to exit the business because of dramatic swings in profit due to variations in world supply and demand. 14. Kodak also is expected to exit some business, hire other companies to make more of its camera equipment and consolidate its plants. 15. Nardelli pushed for Case to exit unprofitable businesses and improved GE operations. 16. Other banks have scaled back or exited the business. 17. Returns are now a fraction of that level, and the bank exited the business last year. 18. Smaller banks are exiting the business, leaving it to big players like State Street. 19. Some shareholders believe that Telerate has fallen so far behind that Dow Jones would be better off to cut its losses and exit the business. 20. That softness has proved an added incentive for Pearson, whose publishing and educational operations are also suffering from an economic slowdown, to exit the business. |