On Nov 23, 2016, shares of multi-line insurance giant MetLife Inc. MET hit a 52-week high of $55.49. The upside is believed to have been driven by a profitable third quarter reported earlier this month, an increase in share buyback authorization last week as well as restructuring initiatives taken recently. Over the past 52 weeks,…
The government will order three warships worth 3.2 trillion won ($2.7 billion) next month to help shipbuilders survive plunging global demand. It also vowed to prepare detailed action plans to strengthen the competitiveness of the shipbuilding, shipping, steel and petrochemical industries. “Corporate restructuring is a difficult process that takes a long time. We can reach…
Drowning under a sea of debt and dont know which way to turn? There is lots of free support and advice available to help you manage your debt if you know where to look. Find out where find free, impartial debt advice by phone, online and face-to-face. Citizens Advice The Citizens Advice website offers a…
The government will order three warships worth 3.2 trillion won ($2.7 billion) next month to help shipbuilders survive plunging global demand. It also vowed to prepare detailed action plans to strengthen the competitiveness of the shipbuilding, shipping, steel and petrochemical industries. “Corporate restructuring is a difficult process that takes a long time. We can reach…
John Mawson and his wife Sandra live in a cramped one-storey home on a hill near Consett, an old steel town in the north east of England. They have been company directors for years, and between them serve 15 firms. But John had no idea what their companies did until a few years ago, when…
BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL): Q3 2016 results: Internet revenues of 156 M (representing 79% of total revenues), up +3%1 EBITDA2: 60 M, down -24%1, EBITDA/revenue margin3 of 30% Outlook for 2016 confirmed: Internet revenue growth rate between 0% and +2% EBITDA/revenue margin2: 28% Conquer 2018 plan postponed by 6 months due to…
Indias government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a US$135 billion pile of stressed loans from banks books. Over the past two years, Prime Minister Narendra Modis government has pushed banks…
Back in May, the Governments offered some suggestions to cut student debt from its current standing at $42 billion. They included lowering the individual HELP repayment threshold from $54,126 to around $40,000 and conducting a household means test (incorporating not just your income but potentially those you live with, such as parents or partners) to…
In 2014, Ukraine unveiled an ambitious roadmap to prosperity by 2020. The varied aims include applying for European Union membership, becoming one of the top 30 countries in the World Banks Doing Business ranking, overhauling the civil service and winning at least 35 medals at the 2020 Olympics in Tokyo. Two years later, progress has…
Indian government is pushing state-owned steel, power and shipping firms to take over assets of private companies that have defaulted on loans, but faces resistance from them, leaving it scrambling to clear a $135 billion pile of stressed loans from banks’ books. Over the past two years, Prime Minister Narendra Modi’s government has…