Asher Bohbot has been appointed as EOHs new nonexecutive chairman EOH, one of South Africas largest business technology services companies, has announced a major restructuring, which will result in the creation of two distinct businesses in the group, one of which will continue to trade under the EOH brand and the other with its own…
SINGAPORE (Reuters) – Embattled commodities trader Noble Group has opted not to pay the coupon on a $750 million bond, but said on Monday that it was very close to reaching final terms with a group of senior creditors over a proposed restructuring of its debt. FILE PHOTO: The company logo of Noble Group is…
The troubled real estate group founded by John McGrath has issued another profit warning, after new management reassessed the financial pain inflicted by agent exits. The latest downgrade follows the appointment of a fresh board and chief executive last month. McGrath said it now expects underlying earnings for the financial year to come in…
A successful cyberattack can be devastating for small businesses, especially if their resources are limited because the fallout of the attack can range from financial losses to reputational damage. Its only a matter of time before small businesses are hit hard by an attack but there are things they can do to protect themselves, according…
SAN DIEGO (KGTV) – A local business owner is warning others about a phony debt restructuring company that he said cost him thousands of dollars. Hugh Herrera owns Pacific Beach Vinyl. “What we’re selling is music, which is one of the uplifting things of life,” Herrera said. A couple years ago, Herrera needed help managing…
SAN DIEGO (KGTV) – A local business owner is warning others about a phony debt restructuring company that he said cost him thousands of dollars. Hugh Herrera owns Pacific Beach Vinyl. “What we’re selling is music, which is one of the uplifting things of life,” Herrera said. A couple years ago, Herrera needed help managing…
LOUISVILLE, Ky., March 09, 2018 (GLOBE NEWSWIRE) — CafePress Inc. (NASDAQ:PRSS) a leading retailer of personalized products offering a wide variety of expressive gifts and accessories, (“CafePress” or the “Company”), today announced changes to its executive leadership team and Board of Directors. The Company is undertaking another restructuring initiative and is revising its…
LOUISVILLE, Ky., March 09, 2018 (GLOBE NEWSWIRE) — CafePress Inc. (NASDAQ:PRSS) a leading retailer of personalized products offering a wide variety of expressive gifts and accessories, (CafePress or the Company), today announced changes to its executive leadership team and Board of Directors. The Company is undertaking another restructuring initiative and is revising its previously announced…
3/9/2018 ABERDEEN — Energy services company Proserv has entered into a restructuring agreement with its principal lenders which will strengthen the long term financial structure of the company. The agreement will result in up to $50 million of fresh capital being injected in to the business and will see existing lenders…
(Adds details on results, context on restructuring, accounts review) March 9 (Reuters) – SIG Plc on Friday posted a 4.3 percent rise in full-year pretax profit, helped by strong demand in Europe amid a restructuring turnaround in several of its businesses. SIG, which supplies insulation and roofing products, said underlying pretax profit rose to 79.2…