– Company Expects $25 million in Annual Cost Savings from Restructuring Plan – – Consolidated Locations will be Merged into Adjacent Dealerships – – Reorganized Operating Structure Expected to Increase Efficiency and Improve Customer Support – WEST FARGO, N.D., Feb. 09, 2017 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq:TITN), a…
TORONTO, ONTARIO(Marketwired Feb. 9, 2017) NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Strata Minerals Inc. (TSX VENTURE:SMP) (Strata Minerals or, the Company) announces the restructuring of its affairs. Restructuring Overview Strata Minerals announces the following shareholder approved restructuring transactions as well as board and executive appointments: The issuance…
Companies reorganising their legal, operational and ownership structures are set to outperform this earnings season, as they increase productivity and generate value. Credit Suisse has identified seventeen companies, including Boral, Crown and Computershare, that are in the “post-acquisition cost synergising phase” meaning they are in prime position to embrace increased cash flow. 50 companies reported…
A man walk past graffiti in Detroit, Michigan. Reuters/Joshua Lott The US restructuring industry the advisories, law firms, investment banks, lenders, private equity firms, hedge funds, and others that deal with troubled companies when theyre restructuring their debts either in bankruptcy our outside of bankruptcy had been through some very lean years as the Feds…
TeleNet Marketing Productivity Increases by 60% after Restructuring The Athens, GA-based business-to-business lead generation firm has restructured its contact centers and enhanced its services, yielding up to a 60% increase in results for its clients. To capitalize on TeleNets talented staff, while increasing production output, the company restructured their call center management team in…
Company Seeks Expedited Chapter 11 Emergence Plan Supported by Lenders and Bondholders Vendors, Trade Creditors, Employees and Unsecured Creditors to Be Paid In Full Existing Operations to Continue Uninterrupted NASSAU, Bahamas, Feb. 07, 2017 (GLOBE NEWSWIRE) — Ultrapetrol (Bahamas) Limited (the Company), a Bahamas corporation, announced today that it and certain of its subsidiaries have…
Lotte Group is to close three retail stores near Beijing in the first concrete example of South Korean business hit by fallout from Seouls plan to deploy a US-made missile shield. The retailer, South Koreas fifth-largest conglomerate, faced a series of regulatory investigations into its operations in China in December after it struck a deal…
Written by Kelly Gooch | February 06, 2017 | Print | Email The Advisory Board Company’s board is working with its management team and legal and financial advisors to explore, review and evaluate various potential strategic alternatives. Here are six things to know. 1. The potential strategic alternatives are focused on maximizing shareholder value, according to a news…
Franco Bernabé. Photo: Elza Fiúza/Agencia Brasil Most business organisations will face the need for major restructuring at some time as a result of changing competition, new regulation, technological innovation and evolving consumer and social habits. The same applies for political, religious and other organisations. Leading organisations at such critical times is an exercise in solitude.…
Prime Minister Nguyn Xuân Phúc issued a directive on Thursday to speed up the restructuring of State-owned enterprises (SOE) during the 2016-20 period. Photo doanhnghiepvn.vn HÀ NI Prime Minister Nguyn Xuân Phúc issued a directive on Thursday to speed up the restructuring of State-owned enterprises (SOE) during the 2016-20 period. The…