Fairfax Media has swung to a full-year loss, hurt by its regional and New Zealand operations plus restructuring and redundancy costs, in what may be its last financial results as an independent company. The 177 year-old media group – in the process of being taken over by Nine Entertainment – reported a net loss of…
Request for Type A meeting was granted by the U.S. Food and Drug Administration to discuss the Complete Response Letter received in June 2018 Balance sheet remains strong with over $100 million in cash BURLINGTON, Mass., Aug. 14, 2018 (GLOBE NEWSWIRE) — scPharmaceuticals Inc. (Nasdaq: SCPH), a pharmaceutical company focused on developing and commercializing products…
Its a tough old world out there right now and too many businesses are finding that their operation costs are going up but orders are going down. It can easily feel that the skys falling in, but its sometimes possible to turn things around again. Read through these seven steps to see if you can…
Esor Construction, a subsidiary of Esor [JSE:ESR], has applied for business rescue. On Monday, it said in a note to shareholders that it was in financial distress and owed creditors about R130m. The main causes were significant losses incurred on certain construction contracts in the current and prior financial years, the challenging economic environment in…
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. (TSX:DCM) (DCM or the “Company”), a leading provider of business communication solutions to companies across North America, announced its consolidated financial results for three and six months ended June 30, 2018. Our revenue continued to demonstrate year over year growth, thanks to contributions from our recent acquisitions and a…
Theres a common link between the many things that have promoted insecurity at work: the growth of franchising; labour hire; contracting out; spin-off firms; outsourcing; global supply chains; the gig economy; and so on. Its money. At first, that seems too obvious to say. But Im talking about the way financial concerns have taken control…
The head of Citigroups US credit card business, Jud Linville, is leaving the bank as part of a restructuring to unify the business with other parts of the retail banking operation. Anand Selva, head of consumer banking in Asia, would become the head of US consumer banking, the company said on Monday, taking responsibility for…
Deutsche Bank has almost finished restructuring its Asian investment-banking business and plans to add bankers in the coming months, said regional head James McMurdo. Yes we did trim, but we trimmed where we thought we were less competitive, or where we thought the opportunity was not that significant and that has largely been completed, McMurdo,…
Seven Marks & Spencer clothing stores will close their doors for the last time on Saturday as the high-street chain pushes ahead with a radical transformation plan. The retailer announced in May that it plans to close 100 stores by 2022, putting hundreds of jobs at risk. As part of the business restructuring, M&S will…
| 20 hours ago Dentsu Inc., parent company of Dentsu Aegis Network and agencies like mcgarrybowen, Carat, 360i, Merkle and Isobar, is considering a restructuring plan which would see it split into an operating company and a holding company. Dentsu Inc. president and CEO Toshihiro Yamamoto announced the proposition today during a meeting of the…