Retail operator Marka reported a total profit of AED 2.8 million in Q2 2018 – compared from an operational loss of AED 48.6 million in the same time period in 2017 as the company continues with its restructuring plan, it announced on Wednesday. The results mark the second consecutive operationally profitable quarter for the company. …
LUXEMBOURG–(BUSINESS WIRE)–Pacific Drilling S.A. (OTC: PACDQ) today reported results for the second quarter of 2018. Net loss for the second-quarter 2018 was $103.7 million or $4.86 per diluted share, compared to net loss of $96.1 million or $4.50 per diluted share for the first-quarter 2018, and net loss of $138.1 million or $6.48 per diluted…
Fairfax Media has swung to a full-year loss, hurt by its regional and New Zealand operations plus restructuring and redundancy costs, in what may be its last financial results as an independent company. The 177 year-old media group – in the process of being taken over by Nine Entertainment – reported a net loss of…
Request for Type A meeting was granted by the U.S. Food and Drug Administration to discuss the Complete Response Letter received in June 2018 Balance sheet remains strong with over $100 million in cash BURLINGTON, Mass., Aug. 14, 2018 (GLOBE NEWSWIRE) — scPharmaceuticals Inc. (Nasdaq: SCPH), a pharmaceutical company focused on developing and commercializing products…
Its a tough old world out there right now and too many businesses are finding that their operation costs are going up but orders are going down. It can easily feel that the skys falling in, but its sometimes possible to turn things around again. Read through these seven steps to see if you can…
Esor Construction, a subsidiary of Esor [JSE:ESR], has applied for business rescue. On Monday, it said in a note to shareholders that it was in financial distress and owed creditors about R130m. The main causes were significant losses incurred on certain construction contracts in the current and prior financial years, the challenging economic environment in…
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. (TSX:DCM) (DCM or the “Company”), a leading provider of business communication solutions to companies across North America, announced its consolidated financial results for three and six months ended June 30, 2018. Our revenue continued to demonstrate year over year growth, thanks to contributions from our recent acquisitions and a…
Theres a common link between the many things that have promoted insecurity at work: the growth of franchising; labour hire; contracting out; spin-off firms; outsourcing; global supply chains; the gig economy; and so on. Its money. At first, that seems too obvious to say. But Im talking about the way financial concerns have taken control…
The head of Citigroups US credit card business, Jud Linville, is leaving the bank as part of a restructuring to unify the business with other parts of the retail banking operation. Anand Selva, head of consumer banking in Asia, would become the head of US consumer banking, the company said on Monday, taking responsibility for…
Deutsche Bank has almost finished restructuring its Asian investment-banking business and plans to add bankers in the coming months, said regional head James McMurdo. Yes we did trim, but we trimmed where we thought we were less competitive, or where we thought the opportunity was not that significant and that has largely been completed, McMurdo,…