Companies’ rush to sell core business worries investors – Economic Times
MUMBAI: Smartlink Network System’s takeover transaction with Schneider did not make the Indian company’s minority shareholders half as happy as the acquisition news of AP Paper Mills … Companies are selling their core business without any change in …

Cisco to close video camera business, cut 550 jobs – TMCnet
Tuesday’s news was generally applauded by Wall Street analysts, including several who had argued that the company spread itself too thin by expanding beyond its core networking business in recent years. Gleacher & Co. investment analyst Brian Marshall …

Small business forgo growth opportunities – ninemsn
About 73 per cent per cent of small businesses surveyed wanted to spend more time pursuing growth opportunities, according to the bank’s Better Business survey conducted in March. But almost half said day-to-day functions were taking up most of their time.

Surprise UK jobless fall suggests business improving – The Guardian
The figures will come as welcome news to the government, which is banking on the private sector to create jobs and help fill the gap created by public spending cuts. However, weaker wage growth spelled bad news for squeezed households. “The UK labour …