Tata Steel to restructure India business to reduce costs and increase productivity – Economic Times

MUMBAI: India’s oldest steelmaker Tata Steel is looking to restructure its domestic business to reduce costs and increase productivity as poor demand and heightened competition from imports have shrunk profits, according to several people familiar with the matter. Restructuring at Tata Steel will take place across all business functions such as human resources, production, transportation,…

Coming and Going Concerns – Wall Street Journal (blog)

Jonathan Levine has joined Morrison & Foerster as a partner with the business restructuring and insolvency group. Mr. Levine, who most recently worked with Andrews Kurth, has represented creditors committees and bondholder groups in industries including mining and energy. In addition to working on chapter 11 cases, he also has worked on out-of-court restructurings and distressed…

Sabra Reports Fourth Quarter 2015 Results; Reports Normalized FFO Per Share of $0.64, Representing a 12 … – GlobeNewswire (press release)

IRVINE, Calif., Feb. 22, 2016 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ:SBRA) (NASDAQ:SBRAP) today announced results of operations for the fourth quarter of 2015. RECENT HIGHLIGHTS For the fourth quarter of 2015, Normalized FFO, Normalized AFFO and net income attributable to common stockholders per diluted common share were…

Laura Ashley collapse: Seven stores closed as voluntary administration continues – SmartCompany.com.au

Seven Laura Ashley stores in Australia have been closed as the voluntary administration of the retail chain in Australia continues. The Australian arm of the homewares and clothing retail entered voluntary administration on January 7, at which time the chain was operated 38 stores in Australia. Administrators FTI Consulting confirmed this morning seven Laura Ashley…