Could Norfolk Southern’s 3Q16 Earnings Surprise Investors? PART 3 OF 5 By Samuel Prince | Oct 19, 2016 5:49 pm EDT Triple Crown Services In fiscal 2015, Norfolk Southern (NSC) restructured its underperforming subsidiary, Triple Crown Services. The aim of this restructuring was to focus on hauling vehicles and auto parts, given booming automotive sales. In…
(Adds quote, detail) Oct 19 Ivory Coast will organise debt relief for the state oil refinery using public and private funds, a government spokesman said on Wednesday. The Societe Ivoirienne de Rafinage (SIR) is the biggest refinery in French-speaking West Africa and has accumulated debts worth hundreds of billions of CFA francs (hundreds of millions…
3:48pm on 17 Oct 2016 That’s it for Markets Live today. Thanks for reading and your comments. See you all again tomorrow morning from 9. 3:34pm on 17 Oct 2016 A 14 per cent plunge in Crown shares led a broadly negative session on the ASX, as the benchmark top 200 index fell 45 points,…
(Adds quote, detail) ABIDJAN Oct 19 Ivory Coast will organise debt relief for the state oil refinery using public and private funds, a government spokesman said on Wednesday. The Societe Ivoirienne de Rafinage (SIR) is the biggest refinery in French-speaking West Africa and has accumulated debts worth hundreds of billions of CFA francs (hundreds of…
Whitman noted that the company should benefit from a renewed focus on server systems, more Bloomberg Hewlett Packard Enterprise has a rough road ahead as it faces layoffs, spi… Read the full article at: http://www.bizjournals.com/sanjose/news/2016/10/19/hewlett-packard-enterprise-faces-layoffs-and.html
The Court of Appeal has overturned the finding of the High Court that the directors of a liquidated company were personally liable to a creditor pursuant to s. 297A of the Companies Act 1963. Justice Hogan stated that it was not enough to show that the directors were aware that the loss might have occurred,…
About six months ago, the White House announced a campaign the Student Debt Challenge to raise awareness of the existence of income-driven repayment options. In this week’s post, the Student Loan Ranger updates readers on the initiative’s impact. There’s no argument that college can be expensive and the costs continue to rise. Recent statistics show…
A new 15million scheme to help home-owners in serious mortgage arrears has been launched by the Government. The service, called Abhaile, will offer a financial and legal lifeline to those who are deeply indebted and will be free for those who qualify. Before someone can qualify they must be a mortgage-holder who is in serious…
Comments (0) A luxury wedding venue near Exeter used by pop star Peter Andre is set to go into liquidation with debts of around £360,000. Couples who had booked weddings at Mamhead House and a number of trade creditors are expected to lose out when the business is wound up. Mamhead House and Castle Ltd, the…
Family First senator Bob Day is resigning from the Senate after his companies went into liquidation. Shane and Kelly Lewis with children Theo, 3, and Hamish, 1, outside their unfinished Chirnside Park home. FAMILY First senator Bob Day has announced he will resign from Federal Parliament following the collapse of his building company, Home Australia.…