Checkers Drive-In Restaurants Inc. is turning to financial advisers to navigate the coronavirus pandemics impact on a business model that was already deteriorating, according to people familiar with the matter. The burger chain, owned by private-equity firm Oak Hill Capital Partners, hired investment bank Miller Buckfire & Co. and turnaround adviser Mackinac Partners to explore…
Shares of Wins Finance Holdings Inc. WINS, +118.71% ran up 92% in midday trading Wednesday, after the Beijing-based investment and asset management company said it believes it can “cure” its noncompliance with Nasdaq listing requirements with the recent addition to its board. The company disclosed late Tuesday that it had been notified by Nasdaq that…
Chinas war on cross border gambling is bearing fruit after it resulted in 11500 arrests as well as the seizure of about $32.4 billion worth of illegal proceeds over the last four months. This past Monday, the Public Security Ministry announced it had taken court more than 250 criminals since it started this crackdown against…
24 Jun, 2020 | Wed | 23:50 Christiesis downsizing itsoperations as part of amajor corporaterestructuring plan, sources have toldThe Value. Christies CEO Guillaume Ceruttimadethe announcement internally today(24 June) over a video call, which can be boiled down to three majorpoints: Pay cuts will remainin place; The company will undergo a restructuring; The Impressionist andModern Artdepartment…
A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million. Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs. Mr Archer said according…
Shares of Wins Finance Holdings Inc. WINS, +133.46% ran up 92% in midday trading Wednesday, after the Beijing-based investment and asset management company said it believes it can “cure” its noncompliance with Nasdaq listing requirements with the recent addition to its board. The company disclosed late Tuesday that it had been notified by Nasdaq that…
We live in a world where fintech apps have made stock trading ever easier, cheaper and more accessible. Take Robinhood, a mobile brokerage worth $8.43 billion, that has amassed over 13 million users since its inception in 2013. Beyond making it simple to sign up and zero stock trading commissions, Robinhoods success comes from gamifying…
June 23, 2020 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMFs Executive Board. The Staff-Monitored Program will support the implementation of the…
We all are familiar f the fact that liquidation of the company is kind of painful. It is not just painful and stressful for the directors of the company but also for the creditors of the company. To relieve the stress to some extent, people get the help of business rescue. There is no single…
A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million. Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs. Mr Archer said according…