Business saves $160m in State Government Budget tax cuts – NEWS.com.au

Treasurer Tom Koutsantonis SOUTH Australian businesses have saved more than $160 million under tax cuts delivered in last years State Budget which make it easier for them to restructure, modelling shows. Treasurer Tom Koutsanotnis has released State Government data showing 35 businesses operating in SA, including the locally-headquartered Cheap As Chips, have taken advantage of…

FuelCell Energy (FCEL) to Conduct Corp. Restructuring; Prelim. Q4, FY16 Revenue Light of Views – StreetInsider.com

Get the Pulse of the Market with StreetInsider.com’s Pulse Picks. Get your Free Trial here. FuelCell Energy, Inc. (Nasdaq: FCEL) announced a business restructuring to reduce costs and align production levels with current levels of demand in a manner that is consistent with the Companys long-term strategic plan. The Company is reducing materials spend as…

Rolls-Royce accelerates transformation of Marine business through further restructuring and simplification – Hellenic Shipping News Worldwide

Rolls-Royce has today announced plans to accelerate the transformation of its Marine business as a result of continuing weakness in the maritime market. Rolls-Royces Marine business supplies a range of technology and services to customers operating merchant, offshore and naval vessels. Planned measures include a further simplification of the structure of the business, with a…

Groupon Divests Malaysia Business, Restructuring On Track – Yahoo News

Daily deals provider Groupon Inc. GRPN continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group which acquired Groupon Indonesia in August recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it not only started…

Groupon Divests Malaysia Business, Restructuring On Track – Nasdaq

Daily deals provider Groupon Inc.GRPN continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group – which acquired Groupon Indonesia in August – recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it not only…

FTI Consulting Professionals Recognized as Rising Stars by Global Restructuring Review – Nasdaq

WASHINGTON, Nov. 29, 2016 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN) today announced that three professionals from the firm’s Corporate Finance & Restructuring segment have been recognized as rising stars among international insolvency and restructuring practitioners in Global Restructuring Review‘s list of The New Insolvency Advisers. The list includes 20 leading accountants, insolvency…