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Daily Archives: January 29, 2018

State Banks’ Performance Subdued In Current Fiscal, Says Economic Survey – NDTV

LiquidationBy Insolvency GuardianJanuary 29, 2018

Non-food credit grew at 8.85% YoY in November 2017 as compared to 4.75% in November 2016. New Delhi: The performance of the banking sector in general and those in the public sector in particular continued to be subdued in the current fiscal, the Economic Survey 2017-18 said on Monday. According to the Survey, tabled in…

Why I think Webjet Limited shares are a buy – Motley Fool Australia

RestructuringBy Insolvency GuardianJanuary 29, 2018

Over the last 12 months the Webjet Limited (ASX: WEB) share price performance has been a big disappointment. During this time its share price has fallen 8% compared to a 7.3% gain by the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). The key reason behind its underperformance was the earnings guidance it gave to the market in…

Four years of franchise hell leaves Coast couple $800k in debt – The Sunshine Coast Daily

Debt HelpBy Insolvency GuardianJanuary 29, 2018

BRYAN and Amanda Kelly say they have always been “successful” in everything they’ve done in life, but “four years of hell” owning a franchise through Retail Food Group has left them picking up the tatters of their old life. A lack of support, exorbitant compulsory refurbishments, un-competitive pricing and a slew of fees ran their…

China’s listed firms see higher earnings amid economic restructuring – Xinhua

RestructuringBy Insolvency GuardianJanuary 29, 2018

Video PlayerClose BEIJING, Jan. 29 (Xinhua) — Listed companies in China reported rapid profit growth in 2017 as the country’s supply-side structural reform began to bear results. So far, over half of listed companies on the country’s two major exchanges have reported their 2017 performance, and nearly 70 percent of them saw profit gains, according…

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