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Germany must in effect be willing to put all of the distressed euro zone economies on its balance sheet and pay to keep them afloat.
FORBES: We Are All Europeans Now
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That might dilute the stakes which are held by some of the magnates who control these businesses, but would be a fair price to pay to resuscitate the balance-sheet of a vital industry.
ECONOMIST: Infrastructure in India
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The company decided to discontinue its dividend in 2012 in order to pay down debt and strengthen its balance sheet, according to RBC Capital Markets.
FORBES: Transocean Forgets Macondo, Focuses On Offshore Market Strength
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Many believe capital deployment should follow a "pecking-order theory" that prescribes that managements should apply their cash flow, in order of priority, to fix their balance sheet if overleveraged, fund organic investments, pay dividends, fund acquisitive growth and, only when there is additional cash left over, to distribute it via share repurchases.
WSJ: The Pros and Cons of Stock Buybacks
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There was little between the two sides, but West Ham were made to pay for some poor finishing and are left still looking for a first clean sheet in the league since February.
BBC: Hull 1-0 West Ham
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U.S. regulators might not be able to rein in pay incentives as their European counterparts have, but they have been aggressive on balance-sheet risk.
WSJ: The Stocks the Dow Forgot
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This healthy free cash flow has enabled the company to pay down the debt from the Washington Group acquisition, leaving it with a strong balance sheet and a net cash position.
FORBES
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It may be a small part of RBS's vast balance sheet, but it's another test of whether this emerging Asian giant is willing to pay the price of globalisation while its outward-looking businesses are reaping the rewards.
BBC: Blustery global trade winds