Donald Trumps revamped campaign team faces its latest test in Wyoming on Saturdayand they appear set to fail it. The state will select 14 delegates at its convention, and by focusing on the months-long process, Ted Cruz appears set for another sweeping win. It would be the latest delegate setback to Trump, who faces long…
DetailsGerman prosecutors filed a raft of charges against four members of the wealthy Schlecker family on Thursday, accusing them of pulling valuable assets out of their namesake drugstore chain and hiding them from shareholders before the company went bust in 2012. The prosecutors, based in Stuttgart, have leveled 36 counts of embezzlement, purjury and…
DetailsClean Power Published on April 13th, 2016 | by Glenn Meyers April 13th, 2016 by Glenn Meyers Originally published on Planetsave. Almost one year ago in its annual report, troubled Chinese solar panel manufacturer Yingli Green Energy told its investors the company was facing troubled times: Facts and circumstances…
DetailsJim Stafford Published 14/04/2016 | 02:30 The term “vulture fund” is a metaphor used to compare investment funds to the behaviour of vultures “preying” on debtors in financial distress by purchasing the debt at a discount to make a large gain. Share Go To The “vulture fund” industry in Ireland began in 2011, with the…
DetailsFife-based Havelock Europa restricted its loss to £600,000 last year after a restructuring and right-sizing which saw more than 100 staff leave the company. The Kirkcaldy shop fitting and interiors firm announced a major cost-cutting exercise in September last year in a bid to save £3 million on an annualised basis. The move involved cutting…
DetailsLawmakers in Bulgaria have voted to approve on a second reading changes to the Balk Insolvency Act paving the way for the publication of a report tracking the assets of insolvent Corporate Commercial Bank (Corpbank or KTB). Until now the text was only available in Parliament’s secret registry, which was not accessible to the general…
DetailsNews Written by Sam Murphy on April 14, 2016 Last year a new festival Disconnect graced Western Australia and while at the time the event was launded a success, musicians who played and crew who worked at the event have now spoken out saying that they havent been paid. The event hosted a lineup including…
DetailsSkiens Aktiemolle ASA : * Sees dissolution and liquidation of the company to safeguard shareholder value in best way * Plan is to dispose Eidet 1 power station and property at Eikornrød * Plan is to distribute one or several extraordinary dividends in 2016 * Plan is to convene EGM for final decision on dissolution…
DetailsFSA is at its best when the economy is at its weakest. What would a full-blown recession mean for shareholders? Want to access this article for free? Sign up for a FREE 15 day trial, no credit card required SIGN UP FOR FREE It starts like this: You are in default under your facilities and…
DetailsApril 14 Skiens Aktiemolle ASA : * Sees dissolution and liquidation of the company to safeguard shareholder value in best way * Plan is to dispose Eidet 1 power station and property at Eikornrød * Plan is to distribute one or several extraordinary dividends in 2016 * Plan is to convene EGM for final decision…
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