Staying out of debt, saving money, building a nest egg all these things sound easy, but theyre not so easy to put into practice. Last year, Americans held a record-high $13 trillion in debt, according to the New York Fed. So where do our good intentions go off the rails? And how can you stop…
Max Brenner, the v. popular and quite fancy choccie chain, has entered voluntary administration despite the fact chocolate remains one of the only pure and good things left on this accursed planet. The Sydney Morning Herald reports Max Brenner, which boasts 37 stores around the nation, appointed an administrator on Sunday to sort out the…
Company Increases Full-Year 2019 Cost Savings Reiterates Profit Outlook for Full-Year 2018 DOWNERS GROVE, Ill., Oct. 01, 2018 (GLOBE NEWSWIRE) — FTD Companies, Inc. (Nasdaq: FTD) (FTD or the Company), a premier floral and gifting company, today announced an expansion of its corporate restructuring and cost savings plan initiatives. The Company has identified incremental cost…
RALEIGH, N.C., Oct. 04, 2018 (GLOBE NEWSWIRE) — LandStar, Inc. (OTCPK: LDSR) (LandStar or the Company), the parent company of Data443 Risk Mitigation, Inc. (Data443), a leading data security and privacy company, announced the completion of joint efforts with finance partner Blue Citi LLC (Blue Citi) resulting in the favorable restructuring of debt and financing…
The Supreme Court on Thursday said the time taken up by litigations during the corporate insolvency resolution process has to be excluded from the mandatory limit of 270 days in case company law tribunals uphold the plan to revive a debt-ridden company. The top court, in an important ruling, also stressed the need of “time-bound”…
News Danny McCance 4 Oct 2018 12:10pm KPMG UK is keen to keep its restructuring business intact and has reportedly rebuffed offers from European private equity firm Permira … Read the full article at: https://economia.icaew.com/news/october-2018/kpmg-dismisses-pe-bids-for-restructuring-arm
Southwood Golf Course (SGC) has suddenly closed after the company that manages the course, Mack Trading, folded. The Farnborough course had been earmarked by owners, Rushmoor Borough Council , as a future source of Suitable Alternative Natural Greenspace (SANG) to support the need for housing in the borough. Despite a petition to oppose the closure,…
SINGAPORE: Shares of StarHub closed at a four-month high on Thursday (Oct 4), a day after the telco announced that it was retrenching 300 employees under a company transformation plan. The counter surged 4.3 per cent to end the day at S$1.95, its highest level since Jun4. It outperformed the broader Straits Times Index, whichlost…
The insolvent Nordseewerken Emden Shipyard (NES) in Germany has been given a cash boost to secure operations for October. “Money was again provided for NES so that the company will continue,” works council member Bernd Oltmanns told the DPA news agency. Management had told him that a new company will be founded, with the cash…