Toyotas 10th year in Blue Springs was the business highlight of the year in the Northeast Mississippi, and the automaker punctuated its anniversary by producing its 1 millionth car earlier in the month. One million vehicles in six years of production thats a true testament to the teamwork of over 1,500 team members who work…
Navigating complexities of two legal systems requires some expertise Michael J. Venditto, Reed Smith, New York City and Alonso Gómez del Campo, Rodríguez Dávalos Abogados, Mexico City Markets and financial distress do not respect national borders. With no border wall to protect Mexico’s nascent oil and gas industry, it is susceptible to the same economic…
(Adds details, quotes, context) MOSCOW, Dec 29 (Reuters) – Russian coal and steel producer Mechel said on Friday that talks with banks on restructuring a $1 billion syndicated loan had concluded successfully. Mechel, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, had circulated the final draft of a restructuring…
(Adds details, quotes, context) MOSCOW, Dec 29 (Reuters) – Russian coal and steel producer Mechel said on Friday that talks with banks on restructuring a $1 billion syndicated loan had concluded successfully. Mechel, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, had circulated the final draft of a restructuring…
LindonForeverGreen Worldwide Corporation, a global direct marketing company and provider of health and wellness products has completed its planned consolidation and restructuring of the company, including reducing overhead costs, streamlining the companys product offerings, reducing shipping costs, reduction of personnel and consolidating domestic and foreign warehouse and office spaces. These strategies were directed to reduce…
On Dec 29, we issued an updated research report on KBR, Inc. KBR . Inside Story Over the last month, shares of this Zacks Rank #2 (Buy) company yielded a return of 7.2%, outperforming 3.1% growth recorded by the industry . KBR is poised to boost its competency on the back of the company’s diverse…
Dalian Wanda Group Co.s struggling Internet business is restructuring, the units President Qu Dejun said on a personal social-media account, after the state news organization The Paper reported the company would cut more than 1,000 jobs. The closely held Internet group within billionaire Wang Jianlins real-estate-to-entertainment conglomerate is undergoing a partial restructuring for better, faster…
DENVER, Dec. 29, 2017 /PRNewswire/ — Birner Dental Management Services, Inc. (OTCQX: BDMS), business services provider of PERFECT TEETH® dental practices, announced today that the Company completed a private placement of $5 million of convertible senior subordinated secured notes and attached shares of Series A Convertible Preferred Stock with Palm Active Dental, LLC and Palm Global…
Both Houses of parliament began their day on a smooth note with Lok Sabha taking up Questions and Rajya Sabha with Zero Hour. While Lok Sabha is expected to take up The National Medical Commission Bill, 2017, The Insolvency and Bankruptcy Code (Amendment) Bill, 2017, among others, while Rajya Sabha is likely to take up…
New York Gov. Andrew Cuomo said on Thursday that he is considering challenging the constitutionality of the GOP tax law in court. Hes also taking action to help New Yorkers circumvent a new cap on state and local tax deductions. But time is running out. The tax law will take effect on Monday. New York…