The restructuring work atBT has started to deliver early gains after the UK telecoms company said that full-year profit would be at the higher end of its forecast range. Shares in the company surged 10 per cent to 265.35p, their highest level in almost six months, as investors welcomed a better operational performance and a…
DetailsMOORESTOWN, N.J.–(BUSINESS WIRE)–Destination Maternity Corporation (NASDAQ:DEST) (the Company) announced today a restructuring of the Companys corporate product and sourcing teams as part of its efforts to reduce costs following ongoing rationalization of the Companys overall product mix and improvements in inventory efficiency. These efforts are expected to yield net cost savings of approximately $1.2 million…
DetailsTWO linked Warrington companies that claimed to be able to recover funds for people who had lost money in alternative investments have been ordered into liquidation by the High Court.Asset Recovery Associates Limited (ARA) was incorporated as a private company in July 2011. The linked company, Asset Recovery Resources (ARR) Limited was incorporated as a…
DetailsDear Sir / Madam, We would like to inform you that 17th meeting of Committee of Creditors of ABG Shipyard Limited was held on Tuesday, 30th October 2018 at 02.00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to take the same on…
Details14% rise in company insolvency rate over the last quarter in Northern Ireland BelfastTelegraph.co.uk There was a 14% increase in the number of companies here entering insolvency between July and September this year, new figures have shown. https://www.belfasttelegraph.co.uk/business/northern-ireland/14-rise-in-company-insolvency-rate-over-the-last-quarter-in-northern-ireland-37475248.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37475247.ece/09a17/AUTOCROP/h342/2018-10-31_bus_45346421_I1.JPG Email There was a 14% increase in the number of companies here entering insolvency between July…
DetailsA staggering one in three SME operators are fearful of falling into insolvency in the near future, amid suggestions that many small businesses are failing to support each other. Launching its annual Shop Small campaign promoting the value of supporting small business, American Express released new researchthat suggested one-third of business operators fear going to…
DetailsCianan Brennan The number of PIAs increased by 65 per cent compared with the same period last yearGETTY IMAGES The number of people accessing personal insolvency arrangements in Ireland has increased by nearly two thirds over the past year. A total of 771 new insolvency applications were recorded by the Insolvency Service of Ireland (ISI)…
DetailsTOKYO — Kawasaki Heavy Industriesplans torestructure rolling-stock operations amid heavy losses, exploring such options as quitting the business andteaming up with other companies. While the overseas rail market looks promising, the company has been waging fierce competition for orders with rivalsthat have grown in scalethrough consolidation. Japanese peers like Hitachi are likewise struggling abroad amid…
DetailsThe 2018 budget is being released today by the Chancellor of the Exchequer, Phillip Hammond, and a lot of it aims to help those who have found themselves with long-term debt. Phillip Hammond is set to unveil a plan to solve problem debt, helping those trapped in debt which has been caused by payday loans…
Details(Reuters) – General Electric Co (GE.N) slashed its quarterly dividend to a penny a share, promised to restructure its power unit and said it faced a deeper accounting probe as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate. GE said the U.S. Securities and Exchange Commission and Department of…
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