Aegion Corporation Reports 2017 Third Quarter Financial Results – GlobeNewswire (press release)

Restructuring

End market strength and strategic actions underpin expectations for improved financial outlook for 2018 ST. LOUIS, Nov. 01, 2017 (GLOBE NEWSWIRE) — A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/223c4b23-eb60-41ef-97d2-c37dedb593bb Q317 loss per diluted share was $2.23 compared to income of $0.34 per diluted share in Q316.  Adjusted (non-GAAP)1 Q317 earnings per diluted share were…

Piramal Enterprises restructuring financial services business under new entity – Livemint

Restructuring

Khushru Jijina, managing director of Piramal Finance and Piramal Housing Finance Ltd, will head Piramal Capital. Photo: Aniruddha Chowdhury/Mint Bengaluru: Piramal Enterprises Ltd is restructuring its financial services business by consolidating its real estate and non-real estate financing arms and the newest housing finance business under a single new entity, Piramal Capital, to offer end-to-end…

Spotlight Capital Holdings, Inc. Announces Corporate Restructuring and Growth Plan – Digital Journal

Restructuring

LOS ANGELES, CA / ACCESSWIRE / November 1, 2017 / Spotlight Capital Holdings, Inc. (OTC PINK: SLCH) (“Spotlight” or the “Company”) today enthusiastically announced a substantial corporate restructuring intended to significantly enhance the Holding Company’s over-all future business plans, while maintaining its ability to execute on its existing core business model within the Entertainment industry.…

Under Armour Reports Third Quarter Results – PR Newswire (press release)

Restructuring

BALTIMORE, Oct. 31, 2017 /PRNewswire/ — Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2017. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America (“GAAP”). This press release refers to “currency neutral” and “adjusted” amounts, which are non-GAAP…

The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Corporate Split and Business Transfers under “Functional … – Business Wire (press release)

Restructuring

TOKYO–(BUSINESS WIRE)–Mitsubishi UFJ Financial Group, Inc. (MUFG) announced the functional realignment of its group subsidiaries in its press release titled Functional Realignment of Group Subsidiaries issued on May 15, 2017 (the May 15 Press Release). To implement the functional realignment, Mitsubishi UFJ Trust and Banking Corporation (the Trust Bank) and The Bank of Tokyo-Mitsubishi UFJ,…

Corporate Split and Business Transfers under Functional Realignment of Group Subsidiaries – Business Wire (press release)

Restructuring

TOKYO–(BUSINESS WIRE)– Mitsubishi UFJ Financial Group, Inc. The Bank of Tokyo-Mitsubishi UFJ, Ltd. Mitsubishi UFJ Trust and Banking Corporation Corporate Split and Business Transfers under Functional Realignment of Group Subsidiaries Tokyo, October 31, 2017— Mitsubishi UFJ Financial Group, Inc. (MUFG) announced the functional realignment of its group subsidiaries in its press release titled Functional Realignment…

Reliance Communications shares jump on debt restructuring – Financial Times

Restructuring

Shares in Reliance Communications jumped as much as 16 per cent on Tuesday after the troubled Indian telecoms company announced a debt restructuring proposal that would dramatically shrink its business, while handing a majority equity stake to its creditors. RCom, controlled by tycoon Anil Ambani, has been struggling to service Rs457bn ($7bn) of debt amid a price…

Cavalier expects earnings to improve following restructuring – The National Business Review

Restructuring

Cavalier Corp, the struggling New Zealand carpet maker, expects earnings to improve this financial year and next as it reaps the benefits from restructuring its manufacturing operations, a lower wool price and reducing debt. The Auckland-based company posted a loss of $2.1 million in the 2017 financial year from a profit of $3.1 million in…