THE number of Gladstone residents struggling with financial ruin has been released, suggesting the pain isn’t over for many families. New figures show 47 Gladstone people found themselves in financial ruin from October – December 2016. The figures, released by Australian Financial Security Authority, reveal the how many new insolences and bankruptcies were made in…
DetailsVANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan 31, 2017) – Uniserve Communications Corporation (the “Company”) (TSX VENTURE:USS) is pleased to announce that as a result of the second quarter corporate restructuring activity, the fiscal Q2 2017 financial results show a 28% reduction in operating expenses, a 16.6% increase in revenues and a 145% improvement in EBITDA versus…
Details(Adds Cemig securities filing on 9th paragraph) By Guillermo Parra-Bernal Jan 31 The Brazilian state of Minas Gerais has no plans to sell the controlling stake it has in power utility Cia Energética de Minas Gerais SA as a condition to join a federal government-backed debt relief plan, a person with direct knowledge of the…
DetailsA divide is growing in the U.S. corporate debt market. On the one hand, publicly issued bonds have become more transparent. They are more regulated and more easily accessible to all types of investors through stock-like shares of exchange-traded and mutual funds. But on the other, an increasing share of corporate debt is moving into…
DetailsThe court ruled that Crescent Wealth could continue to use its name so long as the company and its products bore a disclaimer explaining they were unaffiliated with similarly-named firm Crescent Capital Partners. We take great pride in our brand and the solid reputation that we have developed in the market place in building this…
DetailsDALLAS, TX–(Marketwired – February 01, 2017) – N.D.B. COMPANY INC.’s, an affiliate of North Dallas Bank & Trust Co. (Bank), Board of Directors has set March 31, 2017 as the record date for the distribution of the proceeds from the liquidation of N.D.B. COMPANY, INC. Distributions will be made April 7, 2017, on a pro…
DetailsImage source: Getty Images. Continue Reading Below What happened Shares of Seadrill (NYSE: SDRL) are down 26.8% as of 11:45 a.m. EST today after the company announced it was in negotiations with its creditors to restructure its debt. So what Th… Read the full article at: http://www.foxbusiness.com/markets/2017/01/31/shares-seadrill-crash-and-burn-after-debt-restructuring.html
DetailsLeading fashion brands David Lawrence and Marcs has been placed in voluntary administration. Administrator Rodgers Reidy’s director Geoffrey Reidy says the two brands would continue to trade while his team reviews their operations ahead of a planned sale of the businesses. The sole director of the companies operating the labels, Malcolm Webster, says it has…
DetailsDo you think there were people who helped you in the past? Definitely yes! What exactly did you do to pay them back or have you still not returned their favor? Or are you someone who just let that moment pass as you failed to think of any step or measure that can match their…
DetailsA dad who lost about £1 million and is estranged from his son after a 30-year gambling addiction is warning others about the dangers of fixed odds betting terminals. Tony Franklin, who lives in Aylesbury, says that years of highs and lows playing fruit machines, and later high-stakes machines in betting shops have taken a…
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