But it's good that companies are looking at what is core and what is non-core - and are cutting out the non-core businesses.
The company said it had been divesting controlling stakes in businesses that it sees as non-core and non-competitive assets.
In the euro area, business activity declined to 46.7 from 46.9 in May, signaling weakness in both core and non-core countries.
But Moynihan has spent much of the last year pushing to get BofA working again by cutting costs with his Project New BAC plan, and selling non-core assets like its non-U.S. wealth management unit, for instance.
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In October, the Financial Times reported that in addition to selling-off non-core assets in Canada, VimpelCom is also looking to dispose of its non-core assets in Sub-Saharan Africa, Laos, and Cambodia.
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The sale and run-off of non-core assets, first set out in early 2009 at the start of the RBS's three-to-five-year recovery plan, meant a fifth of the balance sheet was to be non-core, and the balance sheet was to be halved in size.
In 1997 the government introduced a national literacy strategy, hoping that changing the way reading was taught might reduce this hard core of non-readers.
It wouldn't be much better for Vivendi executives who have been candid about their disinterest in NBC Universal, an asset they've publicly dubbed "non-core"--and, perhaps more poignantly, their desire to off-load it to get "more headroom, " as Vivendi Chief Financial Office Philippe Capron put it at a conference in Spain last week.
And with the bank working hard raise capital through the sale of any non-core or loss-making assets, it was only a matter of time before the insurance division was targeted.
Other drug companies have been shedding "non-core" divisions lately--but none have shed a business this big.
Included are strong performance indicators such as dispositions (improving asset quality in disposition of non-core assets), modest ground-up development (providing accretive revenue), and strong capitalization (access to debt and equity).
The Lifebook SH Series are 13.3-inch Core i5 models with 1366 x 768 non-touch panels, while the UH Series feature 13.3-inch and 14-inch models with Core i3 and i5 processors, respectively, along with 1360 x 768 non-touch panels and weighing in at a low of around 3 pounds.
The company embarked on a plan to shed assets, sell non-core pieces of the business and take in joint-venture partners.
The company said it was pressing ahead with the sell-off as they were non-core assets which no longer fitted within its light oil-focused portfolio.
At the same time, NSN is selling off non-core assets and increasing focus on wireless broadband which has strong long-term growth trends as opposed to the relatively stagnant landline market.
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As we have said before, owning real estate is not part of Nokia's core business and when good opportunities arise we are willing to exit these types of non-core assets.
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The New York Times gushes, Giddy, gossipy, and endearingly un-slick, and Variety promises, While soccer fans will rep the core audience, even non-fans can enjoy.
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When we speak and write of Islam, as we do for example of Christianity, we mean simultaneously a faith-tradition with its non-negotiable core doctrine and an institutional framework of socio-political order built by human enterprise in the name of that faith-tradition.
It is a very stable and growing business, as the trend toward outsourcing non-core functions continues.
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The wrong reasons are its non-core capabilities, the expectation to engage in financial engineering.
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Instead, he said, BofA would meet capital requirements by selling non-core assets and normal earnings power.
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This gives both suppliers and resellers the ability to outsource non-core operations directly to SNX.
However, the company is now realigning its asset base, revamping management and selling non-core assets.
Still on the block: certain natural gas assets in Western Canada and non-core North Sea assets.
The bank has been trying to turn its business around by cutting costs and shedding non-core businesses.
We are also taking steps to divest certain non-core assets such as a smaller business in Italy.
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Nokia is also getting more cash from convertible bonds and selling its HQ and other non-core assets.
Other mergers and selective disposals of non-core units have helped big paper firms to reshape their operations.
Nokia is also getting more cash from convertible bonds and selling its headquarters and other non-core assets.
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