Poor performance in its veterinary business and a myriad of exceptional costs have drained Greencross’ (ASX: GXL) profits in FY18. The pet product retailer and veterinary specialist realised $24.2 million worth of impairments across areas including projects, investments, store assets and provisions. In the second half alone, Greencross paid $22.6 million in…
McGraths full year revenue was down 23% to $99.2 million. A $63.1 million after tax loss. The real estate market is challenging but the company says it has started its turnaround. McGrath posted a $63.1 million after tax loss, hit by difficult market conditions, lower sales, and the departure of some of the real estate…
The New Zealand-based banking groups proposed restructure will see its burgeoning Australian reverse mortgage business freed from the central banks capital requirements and poised for strong growth. Along with its financial results for the year ending on 30 June 2018, Heartland Bank issued a restructure proposal that would see it becoming a wholly owned subsidiary…
RICHMOND A. Curtis Monk, who has led the Commonwealth Public Broadcasting Corp. for more than 12 years, is leaving the company which owns WHTJ and WVPT public television stations in Charlottesville as part of a corporate restructuring meant to take stewardship of a recently acquired windfall. +1 A. Curtis Monk… Read the full article at:…
Steinhoff International Holdings N.V. : UPDATE ON PROGRESS OF FINANCIAL RESTRUCTURING The issuer is solely responsible for the content of this announcement.UPDATE ON PROGRESS OF FINANCIAL RESTRUCTURING Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”) INTRODUCTION In accordance with the Company’s reporting obligations under paragraph (e) of clause 20 of the…
SAN FRANCISCO, Aug. 16, 2018 /CNW/ – Customer experience solutions and software company McorpCX, Inc. (TSXV: MCX, OTCQB: MCCX) (“McorpCX” or the “Company“) today announced second quarter ended June 30, 2018 results, as well as management changes and a corporate restructuring. SECOND QUARTER 2018 FINANCIAL RESULTS Select financial highlights for the three and six months ended…
SAN FRANCISCO, Aug. 16, 2018 /PRNewswire/ – Customer experience solutions and software company McorpCX, Inc. (TSXV: MCX, OTCQB: MCCX) (“McorpCX” or the “Company“) today announced second quarter ended June 30, 2018 results, as well as management changes and a corporate restructuring. SECOND QUARTER 2018 FINANCIAL RESULTS Select financial highlights for the three and six months ended…
WASHINGTON Canadian remote sensing company UrtheCast says it has sufficient resources to cover the $20 million purchase of analytics firm Geosys from U.S. dairy giant Land OLakes. Urthecast, which is in the midst of a restructuring in pursuit of becoming profitable, lost $10 million for the three months ending June 30. Geosys, a Minneapolis-based geoanalytics…
Telstras overall fixed line revenue the money that comes from providing services over traditional phone lines to homes and offices fell by 9.2% to $5.81 billion in 2018. Fixed voice, a component of fixed line revenue which involves traditional phone services, declined even faster, down more than 15% to $2.64 billion. The drop is a…
Marka, a Dubai-based retailer and owner of a group of restaurants, narrowed its second quarter loss on after the cost of sales and expenses fell as the company continues to restructure its business. Net loss for the three-month period ending June 30 came down to Dh12 million from Dh126m reported for the same period in…