MICHIGAN CITY, Ind.–(BUSINESS WIRE)–(NASDAQ: HBNC) Horizon Bancorp (the Company or Horizon) announced a series of balance sheet restructuring transactions that are expected to improve its overall financial position, including an increase in net interest margin, return on average assets, and return on average equity. The transactions include prepaying $106 million of high fixed-rate borrowings with…
BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: Approval of the revised financial restructuring plan by creditors SoLocal Group (Paris:LOCAL) announces that more than two-thirds of the creditors have approved today its revised financial restructuring plan. The plan will now be submitted to the vote of shareholders at the Extraordinary General Shareholders Meeting on 15 December 2016, which will…
Federal judges have consolidated dozens of lawsuits alleging the blockbuster antipsychotic drug Abilify (aripiprazole) caused compulsive gambling, sex addiction and other disorders. U.S. District Judge M. Casey Rodgers will preside over about 43 compulsive-behavior lawsuits in multi-district litigation in the Pensacola-based Northern District of Florida. Plaintiffs allege the drugs makers, Bristol-Myers Squibb and Otsuka Pharmaceuticals,…
A former manager at an Aberdeen bar has narrowly avoided jail after embezzling more than £27,000 from his employers to feed his gambling addiction. Over the course of a year, former police officer Conor Summersgill carried out hundreds of unauthorised transactions at Paramount in Aberdeen before pocketing the cash. He was only caught out after…
A former police officer turned bar manager has narrowly avoided jail after embezzling more than £27,000 to feed his gambling addiction. Conor Summersgill pocketed the cash from Paramount by carrying out hundreds of fake refunds over the course of a year. He was only caught out after another member of staff noticed he had refunded…
Pol Maj Gen Wichai Sangprapai (right), former deputy chief of the Metropolitan Police Bureau, and the two other former police officers arrive at the Central Court for Corruption and Misconduct, part of the Criminal Court, on Tuesday, to hear the ruling on their malfeasance case. The court acquitted them of the charges. (Photo by Tawachai…
David Sanderson Lucian Freud gave the young Duke of Devonshire some gambling tips when he posed for the painter in his horrible London studio in the 1950sSTEPHAN AGOSTINI/Getty Images One was an artist on the fringes of respectable London society, racking up gambling debts with the Kray twins. The other was an Etonian schoolboy of…
LONDON–(BUSINESS WIRE)–Tuesday 29th November 2016 marks the 10-year anniversary of Allen Carrs death. Its thought that the many years Allen spent curing smokers in smoke-filled seminars at his stop smoking centres contributed to the illness that eventually killed him. That said, he was absolutely convinced that he would have died 20 years earlier if he…
Warning labels in Canada and Europe said the pill used to treat depression could unleash destructive behaviors, but no one told Americans until thousands of them said it was too late. A year after her father took hostages and committed suicide by cop, Lucy kept freezing in the supermarket aisle. I couldnt breathe, literally, my…
Out of the sinking: Frankston Dolphins Football Club has officially moved out of voluntary administration. Picture: Gary Sissons THE Frankston Dolphins Football Club is out of administration and has its sights set on a quick return to the VFL. Dolphins vice president John Georgiou says control of the football club had reverted back to the…
