Quarterly increases in advisory revenue for Houlihan Lokey Inc., PJT Partners Inc. and Lazard Ltd. powered an aggregate gain in the metric among advisory-focused investment banks in the third quarter. The three investment banks, along with Evercore Inc., Moelis & Co. and Perella Weinberg Partners, had their combined third-quarter advisory revenue rise 2.7% quarter over…
The sale to Webuild was the preferred course of action to address Cloughs working capital needs and avoid Clough being placed into voluntary administration, Murray & Roberts said. The intercompany loan has been written off as part of the sale agreement to Webuild, in which the Italians pay just $500,000 in cash to buy Clough.…
Nov 24 (Reuters) – Russian internet giant Yandex NV (YNDX.O) is seeking President Vladimir Putin’s approval to sell its operations in the country and spin off its main international projects, the Financial Times reported on Thursday, citing sources. The company has informally enlisted former finance minister Alexei Kudrin to win Putin’s approval, in principle, for…
Former investment banker Carol Roth discusses CEO Bob Igers return to Disney and if there will continue to be an emphasis on activism in the company under his leadership on Fox Business Tonight. Newly returned Disney CEO Bob Iger notified employees on Monday of his plans to “restructure things” in a memo obtained by FOX…
Since November 2, 2022, Brighter AB (Publ.) (“the Company”) has been in corporate restructuring with the aim of giving the Company time to negotiate a long-term financial solution and implement operational and organizational changes for profitable growth. The district court has today decided that the reconstruction must cease immediately and the board of Brighter AB…
The intention of the sanctions is to generate tangible consequences for Russiaand affect its ability to function in international markets. Western nations including the UK have imposed sanctions against a broad range of Russian targets including wealthy individuals, banks, businesses, and state-owned operations. Over 1,000 Russian individuals and businesses have been sanctioned by the US,…
Preparing for the arrival of a baby isn’t cheapand as an expecting single mum,Carrie Riseley is watching every penny. Key points: University graduates say they’re seeing their HELP repayments wiped out as their student debts grow with inflation Inflation piled $1.9 billion of extra debt onto students in June this year HELP debts are impacting…
InvestigateTV – Its hard to get out of debt when you keep getting hit with higher costs, new fees, and changing interest rates. Many Americans turn to nonprofit companies that can help them create a debt management plan to escape the cycle. Heather McAfee is the first to tell you that debt can make you…
Medical students have welcomed a federal government plan to wipe doctors’ and senior nurses’ student debt if they go bush after graduating. Key points: Eligible workers who stay in the most remote parts of Australiafor a certain length of time can get their student debt fully paid off The move has been welcomed by the…
Nov 23 (Reuters) – Six states on Wednesday asked the U.S. Supreme Court to reject President Joe Biden’s bid to reinstate his plan to cancel billions of dollars in student debt that they have argued exceeded his administration’s authority. The states – Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina – filed a response to…