GoPro, Inc. GPRO has been one of the worst performers in 2016, without a doubt. A litany of problems – some driven by market forces, others self-inflicted – hurt the company, resulting in the stock losing 52% of its value during the course of the year. Currently, the stock is trading at $8.58, which is…
CRANBERRY TOWNSHIP, Pa.–(BUSINESS WIRE)–Westinghouse Electric Company, LLC, a U.S. company, and certain of its subsidiaries and affiliates, today filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The Company is seeking to undertake a strategic restructuring as a result of certain financial and construction challenges in its U.S. AP1000® power plant projects. Westinghouse…
You know your Uncle Bill who dominates the conversation at every Thanksgiving? He shows up with some great wine, and ends up giving you pretty good advice, but youre checking your watch until you can escape him every time he comes over. Hes family and a part of your life, but you cant pick your…
MIAMI, FL, Mar 28, 2017 (Marketwired via COMTEX) — MIAMI, FL–(Marketwired – Mar 28, 2017) – Metrospaces, Inc. (otc pink:MSPC) announces the restructuring of its Venezuelan assets and negotiations to acquire businesses and real estate projects in the U.S.A. Mr. Silva, Metrospaces CEO, stated: “The Venezuelan economic and political situation has deteriorated faster and further…
Comments Share via email Share on facebook Share on twitter Share on LinkedIn Print An attempt by Ericssons new chief executive to lay out his strategy for the Swedish telecoms equipment maker backfired on Tuesday when it exposed problems related to some of its main contracts. Chief Executive Borje Ekholm, who took charge only in…
Reuters * Does not give specific details on timing or fund-raising type * Says bullish on China business prospects in medium to long term * Says Asia equities business restructuring to continue in Q2 (Adds comments on Asia business, CEO quotes on capital raising) By Sumeet ChatterjeeHONG KONG, March 28 (Reuters) – Credit…
At the end of January 2017, Falcon Group had a consolidated capital adequacy ratio of over 20 percent and a solid liquidity cushion with a liquidity coverage ratio (LCR) of around 140 percent. Over the last few months, the company has focused on de-risking and fostering its business, and took action to address remaining legacy…
Albert Barrera of Odessa, Texas, walked into a Sears store recently with a pressing question for the manager: If Sears closes, who will service my refrigerator? Barrera had bought a Kenmore refrigerator for $US529 several months earlier, and along with it, he purchased a three-year service warranty that cost $US229 almost half as much as…
SHANGHAI, March 24, 2017 /PRNewswire/ — ShangPharma, a leading life science partnering organization providing high-quality and cost-effective drug development and discovery services, technology, and investment for the pharmaceutical and biotechnology industry, announced today the intent for a strategic corporate restructuring. ShangPharma will be consolidating the Contract Research Organizations (CRO) and Contract Manufacturing Organizations (CMO) under…
Positioned as Economically Robust and Agile Competitor in the Global Helicopter Services Market IRVING, TX–(Marketwired – March 24, 2017) – CHC Group (the “Company” or “CHC”) today announced that it has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed Plan of Reorganization (the “Plan”) went into effect on March 24,…