MINNEAPOLIS–(BUSINESS WIRE)–Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today announced it will close approximately 600 nonperforming Company owned SmartStyle salons on January 31, 2018. Our people are at the center of who we are and what we do, said Hugh Sawyer, President…
DetailsNEW DELHI: Companies which have defaulted on payment of dues to banks will require their approval for managerial remuneration beyond a certain threshold, according to the government. The approval will also be needed in case of defaults to public financial institution, non-convertible debenture (NCD) holders and other secured creditors. The provision is part of the…
DetailsViet Nam News HÀ NI Deputy Prime Minister Vng ình Hu has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem). The decision, designated for 2018-2020, aims to improve Vinachems structure, capacity, production efficiency and business competitiveness. While signing the decision, the deputy prime minister stated the…
DetailsStep 1: Hash out the details Going into anything blind is never a good idea so make sure to be specific with how long you intend to use the balance transfer card for. The general time period for these cards starts at 6 months and can be upwards of 24 months, that is, before the…
DetailsFormer millionaires who have declared bankruptcy are still enjoying lavish lifestyles as they exploit the system to keep their cash, it was claimed. Crooks and businessmen who say they have little or no assets have been seen driving luxury cars, seemingly untouched by insolvency, a BBC programme alleges. Convicted fraudster Barry Hughes, an ex-boxing promoter,…
DetailsLiz Weston, NerdWallet Published 12:05 a.m. ET Jan. 8, 2018 Buy Photo (Photo: Photo illustration by Diana McNary The Detroit News)Buy Photo Daniel Montville knew a debt consolidation loan wouldnt solve his financial problems, but the hospice nurse hoped it would give him some breathing room. He had already filed for bankruptcy once, in 2005,…
DetailsInvestors should note that the ex-dividend date is set by the NYSE. Under the rules of the NYSE, when a distribution is declared in a per share amount that exceeds 25% of a company’s stock price, the date on which that company’s shares will begin to trade without the dividend, or ex-dividend, is the first…
DetailsInsolvency and retail experts have warned fashion brands should expect to be crunched for yet another year, with womenswear brand Maggie T the first high-profile Australian retailer to enter administration in 2018. An insolvency notice from the Australian Securities and Investments Commission confirms Maggie T Corporation appointed voluntary administrators Cameron Gray and Justin Holzman of…
DetailsListed Philippine Telegraph & Telephone Corp. (PT&T) is poised to implement a capital restructuring plan that would settle long-running obligations ahead of the entry of a foreign strategic partner. A key feature of the plan, according to PT&T chief operating officer Miguel Bitanga, is the conversion of its creditors into preferred shareholders, which was outlined…
DetailsMANY Australians will have arrived in 2018 armed with hefty credit card debt that could cause financial heartache if not reined in. The damage from the festive season has already been done, but the full extent may not be realised until credit card statements begin to roll in. Starting a brand new year off in…
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