Is it time to buy shares in Australian Pharmaceutical Industries Ltd (ASX:API)? – Motley Fool Australia

The share price of Australian Pharmaceutical Industries Ltd(ASX: API) has been on a roller coaster ride over the last 2 years. After reaching a high of $2.38 in May 2017, the companys shares were sold-off on fears that it would not meet profit expectations amid an increasingly difficult trading environment in its retail and pharmacy…

Danish Insurer Qudos Ceases Underwriting, Pending Restructuring – Insurance Journal

Article 0 Comments Copenhagen-based Qudos Insurance will cease underwriting new business with immediate effect, pending a restructuring of the business, announced parent company New Nordic Advisors. New Nordic said it aims to re-launch the underwriting platform following a comprehensive audit. The restructuring project will continue in conjunction with leading legacy specialists. The insurance market, particularly…

Sears Holdings files Chapter 11 bankruptcy; CEO Eddie Lampert steps down – AmericaJR.com

Liquidation sales at select Sears and Kmart stores are expected to begin within the next two weeks. (Jason Rzucidlo/AmericaJR) HOFFMAN ESTATES, Ill. Sears Holdings Corporation (Holdings, we, our, or the Company) (NASDAQ: SHLD) today announced a series of actions to position the Company to establish a sustainable capital structure, continue streamlining its operating model and…

Sears receives court approval for Chapter 11 restructuring – Retail Insight Network

The US Bankruptcy Court for the Southern District of New York has approved US retailer Sears Holdings first day motions for its voluntary Chapter 11 restructuring. The retailer filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code yesterday. This approval is expected to improve the companys liquidity position and allow it to…

Worldwide Facilities Announces Organizational Restructure; Promotes Eric Stuckman and Hank Haldeman to … – PR Newswire (press release)

LOS ANGELES, Oct. 16, 2018 /PRNewswire/ — After a period of unprecedented growth, national wholesale insurance brokerage, managing general agent and program underwriter Worldwide Facilities announces an organizational restructuring. The company will reorganize into three divisions: Worldwide Brokerage, Worldwide MGA, and Worldwide Programs. The driving force for this change is the significant growth that Worldwide…

Sears Holdings Initiates Processes To Accelerate Strategic Transformation And Facilitate Financial Restructuring – PR Newswire (press release)

HOFFMAN ESTATES, Ill., Oct. 15, 2018 /PRNewswire/ — Sears Holdings Corporation (“Holdings,” “we,” “our,” or the “Company”) (NASDAQ: SHLD) today announced a series of actions to position the Company to establish a sustainable capital structure, continue streamlining its operating model and grow profitably for the long term. To facilitate these actions, the Company and certain…