Instead, he said, BofA would meet capital requirements by selling non-core assets and normal earnings power.
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However, the company is now realigning its asset base, revamping management and selling non-core assets.
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.
Nokia is also getting more cash from convertible bonds and selling its headquarters and other non-core assets.
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The company has already sold most of its non-core assets, including Jaguar, Land Rover and its parts factories.
And it has shed non-core assets and refocused on high-margin sectors, such as transportation, power generation, and healthcare-medical equipment.
The move was made as European insurers face increasing pressure at home to boost capital and dispose non-core assets.
It continues to shrink its balance-sheet and to look to sell non-core assets.
Nokia says it is looking into selling its headquarters as part of a drive to dispose of non-core assets.
His plan to boost capital levels by cutting billions in costs and selling non-core assets appear to be working.
Capital expenditures will be funded by internally generated funds (depreciation and other allowances), sale of non-core assets, partnerships and debt.
" Pandit also reaffirmed his committment to stabilizing Citi's capital base and said he is still looking at "non-core assets and businesses.
Rather, his plan included selling non-core assets, cutting expenses and improve earnings.
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After it shed non-core assets, earnings rebounded, and its stock climbed 205%.
But selling non-core assets and reducing loan loss risk and the reserves for potential losses was ostensibly part of their federal bailout deal.
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.
Finally, Barrick is looking for a buyer for its energy business to get rid of non-core assets with short lives and high operating costs.
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Most of the French and German capital deficit should be remediable through selling shares to investors or selling non-core assets, without recourse to taxpayers.
In order to reduce costs, increase efficiency, and allocate scare capital more judiciously, Vale has embarked on a program to sell a number of non-core assets.
While the company will try to sell other non-core assets in addition to its patent portfolio, many of those segments are declining or losing market share.
Barrick said it is looking to sell some non-core assets such as its energy unit, as well as mines with short lives and high operating costs.
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Simultaneously, 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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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).
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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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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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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DB's role in the sale by Metro, a big retailer, of its non-core assets, which galvanised German retailing, and in the sale of Hapag-Lloyd, a travel agency, which did the same for the tourism business.
The company is also on track to bring impending IPO of its animal unit Zoetis as part of its strategy to focus on non-core assets and we will look for updates on the progress.
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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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