Capital equipment specialist Terex (NYSE: TEX) posted fourth-quarter and full-year 2016 results this week. As expected, earnings were hurt by weak industry demand and huge charges tied to its restructuring initiatives. Yet the company made important progress toward simplifying its portfolio and lowering its cost structure so that it has a good shot to return…
For many companies, information governance is like herding cats when the herder doesnt know where the animals are located, cant tell cats from dogs, and isnt sure of the final destination. Massive, disparate, and geographically distributed information stores, along with rapidly evolving regulations and years, if not decades, of neglect of IG best practices have…
New Delhi, Feb 22 (PTI) Former Deputy CAG Suman Saxena today took charge as whole time member of the Insolvency and Bankruptcy Board of India (IBBI). She would look after research and regulation wing apart from national insolvency programme, continuing professional programme as well as knowledge management and partnership, an official release said. The research…
The collapse of Barings, Britain’s oldest merchant bank, was announced on this day in 1995, after one of its traders had run up trading losses of well over £800 million. It transpired that Nick Leeson had been making unwise speculative investments in futures contracts basically betting on market movements around the world while taking advantage…
Embattled milk broker National Dairy Products (NDP) has gone into liquidation after months of failed negotiations. NDP went into voluntary administration in November after farmer suppliers, owed tens of thousands of dollars, walked away from the company. Victorian dairy farmers are owed millions of dollars for milk supplied during 2016. But other creditors…
For many companies, information governance is like herding cats when the herder doesnt know where the animals are located, cant tell cats from dogs, and isnt sure of the final destination. Massive, disparate, and geographically distributed information stores, along with rapidly evolving regulations and years, if not decades, of neglect of IG best practices have…