Ericsson steps up restructuring on new quarterly loss – Hindustan Times

Weaker than expected second-quarter sales and profits in a poor growth climate prompted Swedish telecoms giant Ericsson to announce fresh cost-cutting measures Tuesday. Ericsson posted a fourth straight quarterly loss in unveiling April to June figures of 1.0 billion kronor (105 million euros/$121 million) on sales dropping 8 percent to 49.9 billion kronor, dipping beneath…

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Billionaire bickering over Ten laid bare in court – The Sydney Morning Herald

Legal action by Ten’s administrators this week has unearthed two letters from its billionaire shareholders’ advisers that resulted in the board calling in corporate undertakers to manage the television network and put it up for sale. One adviser for the biggest single shareholder, Bruce Gordon’s investment vehicle Birketu, also revealed his lack of confidence in…

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Ericsson steps up restructuring on new quarterly loss – The Star Online

Stockholm: Weaker than expected second-quarter sales and profits in a poor growth climate prompted Swedish telecoms giant Ericsson to announce fresh cost-cutting measures on Tuesday. Ericsson posted a fourth straight quarterly loss in unveiling April to June figures of 1.0 billion kronor (US$121 million) on sales dropping 8% to 49.9 billion kronor, dipping beneath analysts…

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Insolvency appointments June 14 to July 17 2017 – Business News

Firm Appointee/Solicitor appointed as for Company Name Published Date HLB Mann Judd Kimberley Stuart Wallman liquidator Batlow Pty Ltd 17/07/2017 FTI Consulting Ian Charles Francis liquidator Monnif Pty Ltd 14/07/2017 Ticcidew Insolvency Simon Roger Coad liquidator Wolfberry Holdings Pty Ltd 14/07/2017 Mackay Goodwin Domenico Alessandro Calabretta liquidator Culinary Ventures Pty Ltd 14/07/2017 Melsom Robson Evan…

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