FTI Consulting Enhances Company-Side Restructuring Presence with the Appointment of Global Restructuring Expert … – GlobeNewswire (press release)

WASHINGTON, Feb. 20, 2018 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN) today announced the appointment of Keith McGregor as a Senior Managing Director in the Corporate Finance & Restructuring segment, continuing to deepen the firms global company-side restructuring capabilities. Mr. McGregor, who joins FTI Consulting from EY, will be based in New York. In his…

Steinhoff Asia Pacific secures $300m debt deal – The Australian Financial Review

Retailer Steinhoff’s local unit has secured a new $300 million loan from its existing banking syndicate.  Steinhoff Asia Pacific announced on Tuesday morning that the new loan was struck on normal commercial terms and was based on the operating performance of its local business.  Six banks, including domestic and offshore names, tipped into the offer. King &…

Vocus Communications revises 2018 full-year earnings guidance – CRN Australia

Headwinds in the Australian consumer market has caused Vocus to revise its full-year earnings guidance for the second subsequent time, the company has revealed. In reporting its first-half 2018 revenue and earnings growth, Vocus said it had revised full-year earnings guidance in underlying EBITDA to $365-380 million down from between $370-$390 million on revenue of…

Nurofen owner Reckitt misses profit forecast amid tough trading – The Guardian

Reckitt Benckiser Consumer goods group blames difficulties in developed markets and rising commodity costs The Nurofen-owning company has struggled with the weakest performance in its history. Photograph: Glenn Hunt/AAP Reckitt Benckiser, the owner of brands including Durex and Nurofen, missed its 2017 profit expectations and said tough trading in developed markets and rising commodity costs…