Bemis Company Reports Second Quarter Results and Announces Restructuring Program in Latin America – Business Wire (press release)

Restructuring

NEENAH, Wis.–(BUSINESS WIRE)–Bemis Company, Inc. (NYSE:BMS) today reported second quarter 2016 diluted earnings per share from continuing operations of $0.53. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, Reconciliation of Non-GAAP Earnings Per Share, adjusted diluted earnings per share from continuing operations would have been $0.67 in both 2016 and…

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Virgin’s restructuring costs push it to a $225 million loss – Business Insider Australia

Liquidation

The cost of restructuring at Virgin Australia kept the airline underwater in the final quarter of 2016. The underlying loss before tax of $21.9 million for the three months was an improvement of $15 million on the corresponding period the year before. The result includes the impact of previously announced charges, mainly restructuring. For the…

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Ag lenders helping producers restructure debt – Feedstuffs – Feedstuffs

Debt Help

A new poll of senior leaders from Midwest Farm Credit lenders shows commodity prices as the greatest challenge facing their customers. Farm Credit lenders are responding to this by providing services to restructure the financial situations of their customers. In a new “AgriThought” report, Jerry Lehnertz, senior vice president of Credit at AgriBank, examined the…

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Swiber files to wind up, goes into liquidation as directors resign – The Straits Times

Liquidation

SINGAPORE – Mainboard-listed offshore services firm Swiber Holdings has made an application to wind up the company and place it into provisional liquidation, it announced on Thursday (July 28). The High Court of Singapore has appointed Cameron Lindsay Duncan and Muk Siew Peng as the joint and several provisional liquidators of the company. The winding-up…

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