Robbins Arroyo LLP: Yangtze River Port and Logistics Limited (YRIV) Misled Shareholders According to a Recently Filed Class Action – Global Banking And Finance Review

Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) filed a class action complaint against the company for alleged violations of the Securities and Exchange Act of 1934 between February 2, 2016 and December 5, 2018. Yangtze River Port and Logistics primarily engages in the…

Dentsply Sirona Reports Third Quarter 2018 Results; Announces Restructuring Plan to Drive Value-Creation – GlobeNewswire

Reported Q3 revenues of $928.4 million, down 8.0% compared to prior year; constant currency decline1 of 5.9% Q3 2018 GAAP EPS of $0.13 vs. $0.39 in Q3 2017. Q3 2018 Non-GAAP EPS of $0.38 compared with Non-GAAP EPS of $0.70 in Q3 2017 The Company updated 2018 guidance and now anticipates 2018 Non-GAAP adjusted EPS…

NCLT Delhi okays resolution plan submitted by JSW Steel – Economic Times

KOLKATA: National Company Law Tribunal (NCLT), New Delhi has approved the resolution plan submitted by JSW Steel as approved by the Committee of Creditors of Vardhman Industries Limited (VIL), which has been undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, according to a notification by JSW Steel to the BSE on…

Bestjet director claims collapse caused by $3.2m payment that did not materialise – The Guardian

The director of the collapsed flight booking service Bestjet has told a meeting of the companys creditors that he was forced to go into voluntary administration after he did not receive a promised $3.2m payment from the companys former owners. Last week Guardian Australia reported the Queensland-based budget airfare company Bestjet had gone into voluntary…