Dairy producer Clover on Monday moved to reassure shareholders that its restructure and the transfer of its low-margin business will not negatively impact the JSE-listed firm. Clover last month announced the restructuring of its business to develop higher-margin, value-added products in dairy and other related food categories and eliminate Clover’s exposure to the cyclical nature…
Last week was a big one for the gambling industry, as major casino operators Las Vegas Sands Corp. LVS and Wynn Resorts Ltd. WYNN kick-started fourth-quarter 2016 earnings. Wynn Resorts results were mixed as its earnings lagged the Zacks Consensus Estimate while revenues beat the consensus mark. On the other hand, Las Vegas Sands lagged…
Finance Collective Jan 30th 2017 4:27PM Managing your finances can be difficult, but a few quality tips and tricks can go a long way. Each week we’ll be featuring a new tip on anything from daily spending to retirement planning from a member of the Finance Collective. This week’s tip comes from Financially Fit &…
Rod Culleton is planning to gatecrash parliament next week, announcing his intention to sit in the chamber and hang out in his office. The only problem is, he’s officially no longer a senator. His title has been stripped, his office cleared out, and the name on his door removed. Culleton, the former One Nation member…
The 45-year-old recently revealed she had to sleep on a park bench for a couple of nights after going through a hard time By Rebecca Davison for MailOnline Published: 01:06 +11:00, 31 January 2017 | Updated: 02:15 +11:00, 31 January 2017 e-mail 209 View comments She revealed she has been declared bankrupt and and had…
Lawyers Revived an Illegal Debt Relief Scheme that the CFPB Previously Shut Down Washington, D.C. (ENEWSPF)January 30, 2017. The Consumer Financial Protection Bureau today took action against a ring of law firms and attorneys who collaborated to charge illegal fees to consumers seeking debt relief. In a complaint filed in federal court, the CFPB alleges…
Enterprise Software Architects, formerly known as The Frontier Group, has blamed non-payment from two big customers for its fall into liquidation. The Perth-based company went under owning more than $600,000 to creditors, including $438,474 to the Australian Taxation Office and $149,390 to TIBCO Software, according to documents filed with industry regulator ASIC. The company, which was founded…
LAST night workers of W.E. Smith were notified the company had been placed in voluntary liquidation. This followed delays in pay, superannuation and company signs changed in front of the factory last week. The W.E. Smith logo was painted over and gates to factory locked. January 25, 2017. Keagan Elder W.E. Smith CEO William Van…
Some owners frequently risk their family finances because they don’t fully understand their legal obligations as company directors. Owners often structure a new business as a company (as opposed to a sole trader) for tax benefits and legal protection through limited liability. Being a director has huge responsibilities attached. Photo: Jon Boyes But legal experts say many…
DAYTONA BEACH, Fla.–(BUSINESS WIRE)–Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (CTO or the Company) today sent a letter to Wintergreen Advisers, LLC (Wintergreen) in response to the letter publicly filed by Wintergreen on January 23, 2017. The company also issued the following statement: Wintergreens position with regard to its proposed director nominations has no legal merit.…