The debt restructuring firm recruited two more to its European financial restructuring team, hiring Paul Kirkbright from KPMG, where he was global head of financial restructuring.
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Restructuring Easing Margin Pressures: During 2016, the company continued to expand its restructuring initiatives leading to further cash restructuring charges estimated by Fitch at USD1.5 billion p.a.
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That guidance excludes the restructuring and inventory charges associated with its latest restructuring activities.
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Additional information can be accessed by visiting the Company's restructuring website at www.mattressfirm.com/restructuring.
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Restructuring is most difficult when the public sees restructuring is to benefit foreign lenders.
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KEY RATING DRIVERS Financial Restructuring Plan Complete: The debt restructuring concluded on 21000 June 212000.
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KEY RATING DRIVERS Financial Restructuring Plan Complete: The debt restructuring concluded on 14 March 2017.
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However, preventing timely restructuring is a leading cause of economic inefficiency and increased restructuring costs later.
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RESTRUCTURING Under the restructuring plan, Bohai Steel will be broken into two parts, steel and non-steel.
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PREPA began restructuring talks with bondholders nearly three years ago, but two separate restructuring agreements fell apart.
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Lazard's corporate restructuring team works alongside its sovereign advisory group, which advises governments on financial matters, including debt restructuring.
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Avon recorded restructuring costs of approximately $126 million before tax in the quarter, primarily related to its restructuring plan.
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Sears formed a restructuring committee of independent directors and appointed veteran turnaround specialist Mohsin Meghji as chief restructuring officer.
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According to the sources, Bom Jesus hired São Paulo-based restructuring shop Pantalica Partners as financial adviser on the restructuring.
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JVM: So we're acutely aware that it's been a long running restructuring story, and today's announcements represent some additional restructuring.
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Debt Restructuring, Uncured Payment Default: Management has presented a long-term capital structure in its debt restructuring talks with bondholders.
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The advisory firm is beefing up its restructuring group with the addition of George Mack, formerly Barclays' head of global restructuring.
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Caterpillar expects 2016 earnings of $2.75 per share, or $3.55 excluding restructuring costs, down from $0003, or $3.70 excluding restructuring costs.
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The GDB and its creditors are in the midst of restructuring talks that could lead to a forbearance agreement or debt restructuring.
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Restructuring Actions Support Sustained Margin Improvement Cost savings associated with numerous restructuring programs over the past several years appear to be durable.
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We expect conduct and restructuring costs to remain high as Barclays works through its legacy cases and progresses with its restructuring plan.
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Restructuring attorney Steven Reisman has joined Katten Muchin Rosenman as partner and head of the firm's New York insolvency and restructuring practice.
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|
As part of the restructuring process, IBA had obtained in May 2017 a moratorium from the London court in relation to the restructuring.
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Before assuming oversight of all of Goldman's restructuring business, Mr. Shah headed the firm's restructuring business in Europe, the Middle East and Africa.
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Though Republicans are generally seen as creditor-friendly, Skeel, a restructuring industry veteran, has repeatedly called for a broad-based restructuring in Puerto Rico.
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Profitability and FCF profile will benefit from significant restructuring over recent years and high operating expense leverage, although Fitch believes incremental restructuring will be limited.
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Steinhoff, which has debts of around 10.7 billion euros, said it planned to hire a debt restructuring expert in the role of chief restructuring officer.
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These could be similar to the mortgage restructuring programs undertaken by the United States during the crisis or the Obama administration's automotive industry restructuring, Gaspar said.
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|
Six senior financial restructuring specialists are to move from accountancy firm KPMG's London practice to Alvarez & Marsal, which has previously specialised in operational restructuring in the UK but also acted as the chief restructuring adviser to Lehman Brothers after it failed in the US, Reuters IFR reported.
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Restructuring Risk: Fitch believes restructuring risk for Sears remains high over the next 21000 to 211 months given the significant cash burn and reduced sources of liquidity.
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The proposed GDB restructuring deal is being pushed through Title VI of the federal law, which provides for a consensual restructuring framework between the government and creditors.
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|
Such clauses mean a single restructuring decision would apply to any given bond, making it less likely restructuring of sovereign debt would be obstructed by hold-outs.
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For a debt restructuring to be classified as a DDE under Fitch's criteria, the restructuring must impose a material reduction in terms compared with the original contractual terms, and the restructuring or exchange must be conducted to avoid bankruptcy, similar insolvency or intervention proceedings, or a traditional payment default.
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|
The restructuring has considerably improved the group's asset quality and stabilised the group's performance, albeit initially at modest levels, following heavy impairment and restructuring costs in recent years.
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|
Noble Group has appointed financial restructuring adviser Moelis and law firm Kirkland & Ellis, which typically specialise in complex and aggressive debt restructuring situations, as well as Morgan Stanley.
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|
What this means, in short: The company continues normal operations while restructuring itself, and while the highers-up do the restructuring, we'll focus on the normal operations part.
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|
The bond, which comes due in 2038, came out of the restructuring of a previous note that itself was the consolidation of other debt in a 2007 restructuring.
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|
While CHF846m restructuring expenses had been incurred since the group announced its strategy in October 2015, the bank guided for a further CHF33713530bn restructuring expenses in 33711631, and we expect performance in the medium-term to remain burdened by restructuring and, to a lesser extent, by non-core asset exit costs.
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"The amendment to the RSA (Restructuring Support Agreement)is a significant step forward toward the GDB debt restructuring and the ultimate resolution of GDB," Rossello said in the statement.
|
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SAO PAULO (Reuters) - A Brazilian judge has named restructuring firm Alvarez & Marsal as judicial administrator of ethanol company Atvos' in-court restructuring, according to a document seen by Reuters.
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The restructuring plan submitted by DHFL includes the founder's family reducing its stake and a restructuring of loans, said one of the sources aware of details of the plan.
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Puerto Rico's financial restructuring is being executed under a federal law known as Promesa, which established the Financial Oversight Management Board to oversee the negotiation and debt restructuring process.
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"The management board decided to proceed with work aimed at preparing documents related to restructuring within the meaning of the restructuring law," GetBack said in a statement late Monday.
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|
In that case, the recovery value on the bond in a restructuring is somewhere between 30 and 60 cents, based on the varied opinions of funds and restructuring experts.
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In both cases, candidates could have a hard time imposing their visions on debt restructuring, because under PROMESA, facilitating restructuring talks is the job of the board, not the governor.
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Amneal also unveiled a restructuring plan expected to reduce its total annual cost base by about $50 million, with the majority of the restructuring milestones to be achieved during 2020.
|
|
"Recent asset sales have been terrible and that's why you're seeing this wave of restructuring of debt rather than sales," said Deborah Williamson, a Dykema restructuring attorney in San Antonio.
|
|
In 21.8, PREPA hammered out a restructuring deal with creditors that was seen as a potential roadmap for a broader restructuring of the U.S. commonwealth's crippling $133 billion debt load.
|
|
A VTB spokeswoman declined to comment on the restructuring but a Sberbank spokesman this week said that the bank expects the first draft of a restructuring plan within six weeks.
|
|
SunPower said it expects to incur restructuring and other charges totaling about $200 million in the current quarter and restructuring charges of $225-$275 million through the end of 2017.
|
|
The report examines the conduct of RBS's small business restructuring unit, the Global Restructuring Group, which handled 12,000 troubled companies between 2007 and 2012, a period encompassing the financial crisis.
|
|
Substantial Restructuring Costs: In November 1, Kellogg announced Project K, a global restructuring program with savings expected to reach an annual run rate of $425 million to $475 million by 2018.
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|
The new products are part of an overall business restructuring led by Ford CEO Jim Hackett that includes cutting thousands of jobs, restructuring its European operations and exiting traditional passenger sedans.
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|
In addition, rules on loan restructuring for small and medium companies will be relaxed so that banks can start restructuring regardless of loan size, Financial Services Authority chief Wimboh Santoso said.
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|
When considering whether a debt restructuring should be classified as a DDE, Fitch expects both of the following to apply: the restructuring imposes a material reduction in terms compared with the original contractual terms; and the restructuring or exchange is conducted to avoid bankruptcy, similar insolvency or intervention proceedings, or a traditional payment default.
|
|
Lazard Hires Managing Director to Bolster Restructuring Business | The new executive, Ken Ziman, was recruited from Skadden, Arps, Slate, Meagher & Flom, where he served as the deputy practice leader of corporate restructuring.
|
|
Finally, claimants who agree to vote in favour of the overall restructuring plan and choose their restructuring option within an 11-day period will be awarded their preferred allocation, the bank added.
|
|
In South Korea, once a court decides to start a restructuring process it will appoint an administrator who is required to submit a plan with details on asset disposal and debt restructuring.
|
|
The firm also hired Ken Ziman from Skadden, Arps, Slate, Meagher & Flom as a managing director in restructuring, as well as David Burlison from KPMG to lead the restructuring team in London.
|
|
The company also announced Tuesday that it added a new member to its board of directors who is familiar with bankruptcies and restructuring: Alan Carr, CEO of the restructuring advisory firm Drivetrain.
|
|
"State-owned enterprise restructuring remains an attractive investment theme, and we have been looking for the next company that will likely undergo restructuring," said Wu Kan, head of equity trading at Shanshan Finance.
|
|
KEY RATING DRIVERS Upcoming Debt Restructuring The downgrade directly reflects management's announcement on 25 July 2016 that it was starting discussions regarding a new debt restructuring, following the one completed in December 2014.
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|
The euro zone has so far seen a debt restructuring by Greece in 2012, the biggest sovereign debt restructuring in history, and a much smaller bail-in of investors in Cyprus in 2013.
|
|
Bondholders face losses as a result of debt restructuring while the labor group has said that the board's proposed restructuring of the utility's debt would lead to its members having worse working conditions.
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|
"You can't have a viable restructuring without a credible economic plan and a government with the commitment and competence to execute it," said Walker, who advised on Greece's restructuring while working at Lazard.
|
|
"This will be a record year" for debt restructuring, said Salvatore Milanese, a former head of Latin America debt restructuring at KPMG International who recently set up his own advisory firm, Pantalica Partners.
|
|
Almost half of those surveyed said their companies were either in the middle of restructuring or about to embark on it; and for the most part, restructuring meant putting more emphasis on teams.
|
|
Sewing on Monday told analysts that while his restructuring plan may sound familiar to those who have followed Deutsche Bank's previous attempts to overhaul its sprawling business, this restructuring was not the same.
|
|
The world's largest carmaker last month announced a corporate restructuring.
|
|
This may not be the only restructuring deal Linn pursues.
|
|
The stock restructuring deal ties back to CZI as well.
|
|
" Lew on Monday called restructuring "the alternative to a bailout.
|
|
Some are in the middle of restructuring their business models.
|
|
Executives said margin expansion and restructuring investments are a priority.
|
|
You're talking about restructuring the entire way we tax business.
|
|
To analysts, the logic behind the restructuring program makes sense.
|
|
Cramer wonders if there will be any more restructuring announced.
|
|
David's Bridal plans to continue operating through its debt restructuring.
|
|
Some analysts believe a huge bank restructuring may be inevitable.
|
|
In the world without any restructuring, pensions are very exposed.
|
|
Global markets is executing a very difficult restructuring at pace.
|
|
Dividends were suspended in 553 as part of a restructuring.
|
|
All told, this restructuring story probably has further to go.
|
|
Yet the Obama administration rejected its restructuring proposal in 2016.
|
|
By Ford's own accounting, the restructuring is far from complete.
|
|
After restructuring the company, Vector listed Corel again in 2006.
|
|
Utility Debt Securitization Authority, N.Y., $381.7 million of restructuring bonds.
|
|
The Harris campaign's restructuring plans were first reported by Politico.
|
|
Under the new bankruptcy law, that will secure a restructuring.
|
|
This oversees the rescue and restructuring of Europe's failed banks.
|
|
GE also spent less on restructuring than analysts were expecting.
|
|
Oilfield services companies in particular may be poised for restructuring.
|
|
The company must present a formal restructuring proposal by Aug.
|
|
Mr Khalil soon clarified that he meant rescheduling, not restructuring.
|
|
Yet one crucial factor has been relatively underplayed: restructuring agriculture.
|
|
Ford expects to complete the restructuring efforts by August globally.
|
|
This is fundamentally a corporate tax reduction and restructuring bill.
|
|
That could require a restructuring of how both firms manufacture.
|
|
Guggenheim Securities LLC is the investment banker for the restructuring.
|
|
The restructuring market had a rocky start in around 2011.
|
|
That layoff was reported to be part of a restructuring.
|
|
Restructuring costs should reach 21.0082 million Swiss francs this year.
|
|
Oman has been restructuring its aviation sector in recent years.
|
|
"We are going under a restructuring process," a spokesperson confirmed.
|
|
Additionally, the administrative cost of restructuring mortgages is not cheap.
|
|
It booked $496 million in restructuring charges in the quarter.
|
|
Restructuring is taking place in your public life, dear Pisces.
|
|
The latest job cuts are factored into those restructuring costs.
|
|
"[Marine] has gone through a lot of restructuring," East said.
|
|
"It's a restructuring, and maybe even an evolution," says Armstrong.
|
|
Excluding restructuring charges the margin fell to 36.7% from 38.5%.
|
|
AEP is also working with restructuring attorneys, the people said.
|
|
The companies did not specify what the restructuring would entail.
|
|
Bitter experience tells Mr Eder there has to be restructuring.
|
|
The move complicates an already tricky debt restructuring at 212MDB.
|
|
Dana's board also considered the restructuring of its Islamic bond.
|
|
It may also explore a potential restructuring, the source added.
|
|
Metinvest's bond holders and banks agreed a restructuring last month.
|
|
They would report restructuring approaches for specific areas needing reform.
|
|
RBC Capital Markets analyst Scott Hanold called the restructuring "significant".
|
|
RBC Capital Markets analyst Scott Hanold called the restructuring "significant".
|
|
Its profit margin rose to 8 percent thanks to restructuring.
|
|
The strike followed the company's announcement of a restructuring plan.
|
|
Cargill last year launched a restructuring that included job cuts.
|
|
Bhatia said that the company's operations would "require significant restructuring".
|
|
Chadbourne offers services including bankruptcy, financial restructuring, corporate and litigation.
|
|
Italian banks have been steadily restructuring and shedding bad loans.
|
|
Analysts said both banks had made good progress in restructuring.
|
|
After restructuring, the company relaunched the soda in September 2017.
|
|
The deal is crucial for Mechel's wider debt restructuring deal.
|
|
Earnings were also hurt by a $169 million restructuring charge.
|
|
The DHS has pushed for a restructuring of the NPPD.
|
|
Meanwhile, part of its restructuring efforts have included job cuts.
|
|
Kengeter was sidelined following a restructuring plan and eventually left.
|
|
Restructuring efforts have already resulted in protests against mass layoffs.
|
|
Excluding impairment and restructuring charges, earnings per share were $2.02.
|
|
The restructuring plan that Oi presented to creditors on Sept.
|
|
There is talk of restructuring some French hypermarkets, cutting costs.
|
|
Angel Martin will now be made head of financial restructuring.
|
|
The three will jointly lead the firm's global restructuring division.
|
|
Tesla said no production associates were impacted by the restructuring.
|
|
"The substantial restructuring programs are bearing early fruits," Diess said.
|
|
The restructuring resulted in layoffs for thousands of Microsoft employees.
|
|
The issue of debt restructuring is particularly sensitive in Italy.
|
|
Mr. West has since been restructuring the company's legal department.
|
|
That broader carbon tax will require dramatically restructuring our lives.
|
|
But arguably the whole estate tax could use a restructuring.
|
|
Obama also tried to usher forward comprehensive immigration restructuring. Sen.
|
|
Utility Debt Securitization Authority, N.Y., $369.5 million of restructuring bonds.
|
|
All of Mozambique's commercial debt has been earmarked for restructuring.
|
|
Yet the right restructuring can still have the wrong personnel.
|
|
MOZAMBIQUE SAYS SETTLEMENT OF RESTRUCTURING EXPECTED TO OCCUR ON SEPT.
|
|
There's a wave of restructuring aheadCasey Sullivan reported this week:
|
|
The Jaguars are expected to remain active restructuring their roster.
|
|
Lyft is restructuring and will lay off about 90 employees.
|
|
Friday's announcement marks the first step in that restructuring effort.
|
|
Separately, Acorda announced a corporate restructuring designed to reduce expenses.
|
|
A healthy bond market is crucial to China's restructuring plans.
|
|
Any synergies will be offset by severance and restructuring costs.
|
|
Gavin Newsom on Friday rejected Pacific Gas & Electric's restructuring plan.
|
|
Caterpillar's 2016 outlook included about $400 million in restructuring costs.
|
|
As part of this restructuring, some roles were, unfortunately, eliminated.
|
|
The issue of debt restructuring is particularly sensitive in Italy.
|
|
The restructuring has led to some tensions among its bankers.
|
|
Odebrecht presented the new restructuring plan to creditors on Tuesday.
|
|
It is also in the midst of a corporate restructuring.
|
|
Only a restructuring under the bankruptcy code can change those.
|
|
Intel is expected to address the challenges with further restructuring.
|
|
Barclays' results, however, showed the costs of its restructuring efforts.
|
|
But this restructuring just makes the Americare approach more viable.
|
|
Commentary by Stephen Spencer, financial advisor to major creditors in the Puerto Rico restructuring, including the PREPA Bondholder Group, the only group to date that has reached a consensual restructuring deal with Puerto Rico.
|
|
At that time, if a consensual debt restructuring has not been reached, creditors can sue the territory, or the oversight board can push it into a court-sanctioned restructuring process akin to U.S. bankruptcy.
|
|
Some of the loans that are in need of restructuring could pose an issue after the restructuring, Edin said, adding that the planned energy sector fund will be managed by a portfolio management company.
|
|
Under the terms of the restructuring plan laid out so far all debt will be reinstated at par and will be given a common maturity date of three years from completion of a restructuring agreement.
|
|
Under the terms of the restructuring plan laid out so far, all debt will be reinstated at par and will be given a common maturity date of three years from completion of a restructuring agreement.
|
|
"A new government should work with creditor parties, such as the Committee, to agree on the design of the restructuring process and to negotiate the financial and other terms of the restructuring," the statement said.
|
|
Sao Paulo bankruptcy court Judge João de Oliveira Rodrigues named restructuring firm Alvarez & Marsal as the court administrator for Odebrecht and gave the company 60 days to present a restructuring plan for approval by creditors.
|
|
Last year, Jawbone laid off employees as part of a restructuring.
|
|
Some restructuring will also take place in your personal life today.
|
|
The bank announced several other changes as part of the restructuring.
|
|
Takata says has hired investment bank Lazard to lead the restructuring.
|
|
Both carmakers declined to comment on details of their restructuring plans.
|
|
Some 600 senior managers left the company after the initial restructuring.
|
|
It will aim to shrink bad loans via sales and restructuring.
|
|
Analysts responded to the restructuring by saying it was long overdue.
|
|
After that was rejected, it applied for the financial restructuring procedure.
|
|
It was unclear if the board had formally approved the restructuring.
|
|
A creditors vote on a restructuring plan is due for Dec.
|
|
Analysts had expected 97 cents per share on average, excluding restructuring.
|
|
Sports Authority won't be restructuring and is instead planning to liquidate.
|
|
Mr Trump's arrival will only accelerate a gory process of restructuring.
|
|
He did not say whether the restructuring would include plant closures.
|
|
Creditors of the company have yet to approve its restructuring proposal.
|
|
Creditors have until April 26 to vote on the restructuring plan.
|
|
Year-ago figures benefited from prior restructuring benefits, SAP executives said.
|
|
Westinghouse has already hired restructuring counsel, Reuters reported earlier this month.
|
|
"Most of the restructuring work is behind us," he told analysts.
|
|
He was also a vocal proponent of restructuring Puerto Rico's debt.
|
|
Three years later, his company was bought by another restructuring firm.
|
|
Caterpillar forecast 2016 profit at $3.25 per share, excluding restructuring costs.
|
|
CALL * SAYS YEAR-TO-DATE RESTRUCTURING CHARGES ARE $158 MILLION- CONF.
|
|
Several bank customers said they had not heard about the restructuring.
|
|
The company also earned 22 percent more from advising on restructuring.
|
|
Since then Sofia has adopted relevant EU legislation for bank restructuring.
|
|
Investors are also encouraged by signs that SOE restructuring is accelerating.
|
|
Rollen ruled out further need for restructuring or cost saving measures.
|
|
Apax lost its 600 million pound investment in the financial restructuring.
|
|
This restructuring story probably has further to go, Mr. Currie says.
|
|
GoPro stock is down nearly 20 percent since yesterday's restructuring announcement.
|
|
It hopes to complete the restructuring by the end of February.
|
|
The restructuring will see ERGO update IT and reduce administration costs.
|
|
Lew added that a restructuring could also help Puerto Rican retirees.
|
|
Bilfinger is in the middle of a restructuring to cut costs.
|
|
Kaeser said the company is "well on our way" in restructuring.
|
|
Investors have raised concerns about a coming wave of debt restructuring.
|
|
GDB is also holding consensual restructuring talks with its own creditors.
|
|
Shares of the clubs surged following the reports of the restructuring.
|
|
Results in the latest quarter included $577 million in restructuring charges.
|
|
Organizational restructuring: When done correctly, restructurings can significantly extend your runway.
|
|
It subsequently replaced top Npower management and embarked on a restructuring.
|
|
It underwent restructuring, canceled those contracts and posted record high profits.
|
|
Excluding restructuring and impairment costs, profit fell to 2.86 billion crowns.
|
|
Toshiba is undergoing a restructuring following an accounting scandal in 23.7.
|
|
J.C. Penney's restructuring efforts are another example of department store woes.
|
|
Puerto Rico offered a restructuring that favored GO bonds over COFINAs.
|
|
Beijing is already embarked on a restructuring of its aluminium sector.
|
|
Restructuring costs contributed to a net loss of 55 million euros.
|
|
Cadillac is in the midst of a bit of a restructuring.
|
|
The lenders have also begun a major restructuring of corporate debt.
|
|
He joins the restructuring practice from Skadden Arps Slate Meagher & Flom.
|
|
The potential restructuring was first reported by German magazine Der Spiegel.
|
|
Including restructuring costs, Caterpillar said it expects 269 EPS of $22.5.
|
|
Caterpillar anticipates further restructuring costs of about $400 million in 2016.
|
|
It aims to complete the restructuring by the end of April.
|
|
Since then, Staples has announced cost-cutting plans and operational restructuring.
|
|
Commercial banks, in contrast, are much less exposed to the restructuring.
|
|
In our opinion portfolio restructuring is likely in the medium term.
|
|
AlixPartners LLP and Jefferies LLC advised the company on its restructuring.
|
|
These require a specified majority of creditors to agree a restructuring.
|
|
But the restructuring is also about making cars people want now.
|
|
Gazprombank, Sberbank and Mechel declined to comment on the restructuring process.
|
|
And the Bangladesh Bank was now "restructuring" his debts, he said.
|
|
Store workers characterized the restructuring as a milder form of layoffs.
|
|
Together with Jessica and Caity, Lemonis discussed restructuring the company's leadership.
|
|
The recent restructuring has largely targeted salaried, nonunion middle-management roles.
|
|
Increased payouts following a restructuring would also benefit Samsung's other investors.
|
|
The restructuring of several businesses also reduced revenue, the bank said.
|
|
As investors, we prefer political solutions that avert restructuring whenever possible.
|
|
It emerged from bankruptcy protection in April after restructuring its debt.
|
|
The restructuring comes as investor concerns increase about Turkish corporate debt.
|
|
New York Utility Debt Securitization Authority, $500 million of restructuring bonds.
|
|
Indeed, restructuring authority was designed for exactly this type of situation.
|
|
PacSun will get financing to continue operations during the restructuring process.
|
|
It has been plagued by fines and several failed restructuring attempts.
|
|
Multiple Senate Republicans have publicly aired grave concerns about restructuring Medicaid.
|
|
The creditors would get no chance to offer alternative restructuring proposals.
|
|
"Given this, the restructuring proposal is being adjusted accordingly," she said.
|
|
That's fewer people that will lose their jobs with GM's restructuring.
|
|
After a week of reports, Microsoft has confirmed its restructuring plans.
|
|
But restructuring and cost-cutting should cushion the blow, Bornstein said.
|
|
The plant closure is part of global restructuring, the report added.
|
|
The restructuring will also involve top executives taking on new roles.
|
|
When we last checked in with Kroger, restructuring was worrying workers.
|
|
This has led to trading houses restructuring and refocusing their businesses.
|
|
In the restructuring deal, Abengoa offered its main creditors two options.
|
|
Restructuring a failing retailer isn't impossible, but two things are needed.
|
|
We look back at a life of deal making and restructuring.
|
|
Two had worked at the restructuring firm founded by Mr. Alix.
|
|
The happenings aimed to achieve a dazzling ontological restructuring of consciousness.
|
|
Could Zuckerberg still attempt a stock restructuring sometime in the future?
|
|
At work, I was in the middle of a massive restructuring.
|
|
A corporate restructuring will go along with the change in leadership.
|
|
"In our view UPC is still a restructuring case," he said.
|
|
MOZAMBIQUE GOVERNMENT LAUNCHES FORMAL EXCHANGE OFFER IN RESTRUCTURING OF 2023 EUROBOND
|
|
The sale of UBB is part of National Bank's restructuring plan.
|
|
But excluding restructuring charges, the company made 34 cents per share.
|
|
The column also omitted a relevant provision in the restructuring deal.
|
|
Speaking to CNBC, Sewing said the restructuring plans are going well.
|
|
Ola restructuring affected 350 employees, with some reassigned to other roles
|
|
It also means there is more downside risk from the restructuring.
|
|
But restructuring costs continued to weigh on results of some lenders.
|
|
The restructuring is primarily meant to realign focus on international markets.
|
|
The focus will be on restructuring agencies and how they interact.
|
|
Facebook settled the suit by agreeing to shelve the proposed restructuring.
|
|
Job losses are an unfortunate part of economic growth and restructuring.
|
|
Our focus for now is the ongoing capital restructuring of Avtovaz.
|
|
The plant shutdown is part of its broader Asia business restructuring.
|
|
The restructuring has led to some tensions among Credit Suisse's bankers.
|
|
Last June, HBC announced a restructuring effort that included job cuts.
|
|
Operational restructuring is more recurring in nature and included within FFO.
|
|
PA in a $7.5 billion deal as part of its restructuring.
|
|
PA and said Areva's restructuring plan would not unduly distort competition.
|
|
Some don't think Lampert's plans will stave off further restructuring, forever.
|
|
A restructuring of debt, or an exit from the common currency.
|
|
Ghosn earned his nickname after ordering plant closures when restructuring Renault.
|
|
Trump sees all these debt-restructuring experiences in a positive light.
|
|
CT: So are you saying the restructuring is still not done.
|
|
"We are now a clean bank, restructuring is over," he added.
|
|
HSBC has undergone years of restructuring to grow its business again.
|
|
The company also said it is assessing a possible 526 restructuring.
|
|
Coty, however, did not disclose the impact of restructuring on jobs.
|
|
So let's assume that a Flacco extension or restructuring will happen.
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Warren introduced a debt restructuring plan for Puerto Rico in May.
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"If Hebei Construction can provide credit enhancement for debt restructuring, we can delay debt payment for a year or two to allow the Hebei government time to solve the crisis through company restructuring," the letter said.
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"By reaching agreement with Goldilocks, the company is now able to move into the final stages of its restructuring and looks forward to executing the restructuring support agreement (RSA)," Chairman Paul Brough said in a statement.
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Restructuring experts see a challenging 2016 for energy companies, and not just those drilling for oil and gas, according to James Mesterharm of AlixPartners, co-head of the consulting company's North America turnaround and restructuring practice.
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Discussions around this latest restructuring began in March 2015 and after a previous restructuring of the same debt in 2012 when Drydocks used Decree 57 to restructure and extend the maturities of the US$2.2bn loan.
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Ruia said Essar is working closely with the banks to work out a restructuring plan and some of the funds raised via the sale of Essar Oil would go into restructuring the operations of Essar Steel.
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"The advisers to Noble and to other parties have commented that this is probably the most complex restructuring ever undertaken in Asia," said Paul Brough, a restructuring specialist who took over as Noble's chairman last year.
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N - * Toys R Us Inc commences court-supervised processes to implement financial restructuring * Toys R Us Inc commences court-supervised processes to implement financial restructuring * Toys R Us Inc - Files voluntary Chapter 11 petitions in u.s.
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This essentially leaves in place the current voluntary restructuring agreement between creditors and PREPA (Puerto Rico Electric Power Authority) * Certifying a restructuring of debt requires approval by five out of seven members of the oversight board.
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"How a shareholder votes on the primary restructuring should not have a bearing on whether he/she would be entitled to receive shares in the new company under the Alternative Restructuring," the regulator said in its statement.
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South Korea has said no government or central bank money will be directly injected into firms restructuring in the ailing shipping and shipbuilding industries, though it is helping small-to-medium sized businesses hit by the restructuring.
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Upgrade on Successful Restructuring: On consummation of the restructuring, we are likely to upgrade GATE's IDRs to reflect the lower level of debt in the capital structure - debt will be USD665 million, rather than USD1.1 billion currently.
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It said on Friday it hoped to have a restructuring plan in place shortly to put to creditors that would include measures such as fixing the maturity for all loans at three years from the restructuring date.
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RBS disclosed that 30 of its 13 senior restructuring managers (94 percent) worked at both the new division and the since-closed Global Restructuring Group (GRG), which handled some 12,000 small business customers between 2007 and 2012.
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If creditors vote down the company's restructuring plan, Oi could be liquidated, a situation all parties want to avoid, the sources said, as lenders and shareholders stand to lose more under liquidation than under any proposed restructuring.
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Simon Charlton, AHAB's chief restructuring officer, said that the company has appealed against that rejection and is waiting to hear from the court, but it had in the meantime decided to file a petition for financial restructuring.
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Most of its restructuring activities have been in operations most exposed to the MAX programme, Squires said, adding that he expects a 6% cut to the aerospace division's workforce by the time the company's restructuring is completed.
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But Apple's own autonomous vehicle group has recently undergone a large restructuring.
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Deutsche Bank revealed details of a long-awaited €25bn ($2248bn) restructuring plan.
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VTB took over Hals in 2009 in exchange for restructuring its debt.
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Its earnings were lower year over year, hurt by higher restructuring costs.
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A restructuring plan to keep Worley & Obetz afloat was rejected by lenders.
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Paragon said it expects to maintain sufficient liquidity throughout the restructuring process.
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Ukraine's $15 billion restructuring struck in August was the second-biggest deal.
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ADAG group will retain about 26% of shareholding after the debt restructuring.
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Ford is undergoing of an $11 billion restructuring under CEO Jim Hackett.
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The activist campaign also foreshadowed a major restructuring of the company's board.
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Beleaguered electric vehicle startup Faraday Future is restructuring in order to survive.
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The company is hashing out terms of a restructuring deal with creditors.
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Not all of this restructuring will strain the government's balance sheet though.
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MEXICO'S PRESIDENT LOPEZ OBRADOR SAYS PEMEX WILL HAVE NO PROBLEMS RESTRUCTURING DEBT
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Pandora's restructuring comes at a critical juncture in the music streaming business.
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UK company Imagination Technologies announced today that it is restructuring its company.
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Before extraordinary items like restructuring costs, we earned about 1.7 billion euros.
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GE spent less on restructuring than analysts expected, which underpinned its performance.
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Payments would start only two years after the restructuring plan is approved.
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Toys tapped restructuring attorneys from Kirkland & Ellis LLP, CNBC reported this month.
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DEUTSCHE BANK FACES RESTRUCTURING COSTS OF UP TO 5 BLN EUROS - FT
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That said, overall market conditions and restructuring uncertainties could materially impact revenues.
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The company is restructuring the way reservations are made and requests accepted.
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KfW is explicitly excluded in the BRRD from resolution and restructuring measures.
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Since then, Key has been working with Takata on a restructuring plan.
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Firstly, EUR650m-EUR700m annual cash restructuring costs in Spain over three years.
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For example, ETFs are restructuring the nature of the asset management business.
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The fund is undertaking an internal restructuring to list Prolintas next year.
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ROSSELLO: So, I&aposm not commenting on that restructuring side of things.
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European budget airlines also face the challenges of restructuring a business model.
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In the restructuring, cocos were wiped out, alongside junior bondholders and shareholders.
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Of all his reforms, the SNCF restructuring is not the most radical.
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Neiman Marcus has been working on debt restructuring initiatives of its own.
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This was helped by a restructuring of downstream operations in recent years.
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The move to intervene could throw IL&FS's restructuring plan into disarray.
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After years of restructuring, long-struggling SAS is back in the black.
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SAP said in January around 4,400 people would leave under a restructuring.
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I learned recently how breaking things up is a kind of restructuring.
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Another strategy might be restructuring the retail business to accommodate electric vehicles.
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SAP said in January around 4,400 people would leave under the restructuring.
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The 2017 budget has been passed, and corporate restructuring is well underway.
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The retailer expects to finish the restructuring by October, the source said.
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Excluding one-off, restructuring and forex effects, core profit fell 1 percent.
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The company had restructuring charges of $430,000 in the year-ago quarter.
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The company underwent restructuring, cancelled those contracts and posted record high profits.
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Neither group could be reached for comment on the updated restructuring proposals.
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BlackRock shares rose 2 percent after the asset manager announced a restructuring.
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The investment would be part of Micron's restructuring of its Taiwanese operations.
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Goldilocks said it would consider working on an improved debt restructuring plan.
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Lenders have agreed in principle to debt restructuring but not on details.
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The recent wave of restructuring that weighed on earnings is largely complete.
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In the years before a restructuring in 2015, Petropavlovsk's equity value collapsed.
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The sale is part of a restructuring plan agreed with European regulators.
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If creditors do not agree to a restructuring plan at the Dec.
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Banks also face potentially large credit costs associated with ongoing corporate restructuring.
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Air Berlin said it had sufficient liquidity and financing to continue restructuring.
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|
She said there is a "restructuring of the management team" at Uber.
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Germany, the biggest creditor, is the most reluctant about major debt restructuring.
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|
Are David and Susan off drinking wine coolers during the NSA restructuring?
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The focus will be on restructuring the agencies and how they interact.
|
|
BuzzFeed announced earlier this year that it was restructuring its entertainment group.
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|
To be clear, our current innovation-crippling patent system certainly needs restructuring.
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Puerto Rico began presenting its first restructuring proposal to creditors in January.
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|
China's textile and apparel makers are going through a painful industrial restructuring.
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|
Ford's ongoing restructuring weighed on its quarterly EPS, which missed analysts' expectations.
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Financial advisory firm Pantalica Partners assisted Clealco in the restructuring, Carvalho said.
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UBS and China's CICC have wider roles advising Anbang on its restructuring.
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The company is spending 320 million pounds in 2016 on the restructuring.
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INS was dissolved in 2003 in the government restructuring that created ICE.
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|
Turning to Greece, Schaeuble said he saw no need for debt restructuring.
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|
The restructuring will come at the expense of about 8,000 salaried workers.
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|
Since 2013 he has been head of restructuring at Fort Street Advisers.
|
|
The bank took about $22015 million in restructuring charges in the quarter.
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|
The company also presented a restructuring programme entailing cuts of 700 jobs.
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The law envisages a company reaching a restructuring deal within 15 months.
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|
The post-Kennedy era is also restructuring the other branches of government.
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|
With Trump's election, a complete restructuring is in the making for Washington.
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|
So everything leads from the product, restructuring how we sell the collection.
|
|
GDB and its creditors are trying to work out a consensual restructuring.
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WE'VE GOT ABOUT ANOTHER 20 TO 25 CENTS CHANGE IN OUR RESTRUCTURING.
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Some of Puerto Rico's creditors are still trying to negotiate debt restructuring.
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|
And despite those restructuring attempts, profi-- profitability is-- is close to zero.
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|
After this restructuring, these giants formed almost a monopoly in the market.
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|
Recently, executives signaled that the slow-burn restructuring may be nearing completion.
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|
Torstar expects to take a job cut-related restructuring charge in 2016.
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|
In 2015, the firm billed state taxpayers $2 million for restructuring services.
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|
Results in the year-earlier quarter included restructuring expenses of $110 million.
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Lawmakers have discussed restructuring the military's space management system to unify it.
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This decision should support the company throughout the restructuring of its business.
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|
It's a measured but welcome response to the U.S. fund's restructuring proposals.
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|
"We have an agreement on (debt) restructuring with Venezuela," Siluanov told reporters.
|
|
Under Hoecker, the SEC's Inspector General's Office has undergone a major restructuring.
|
|
Without a restructuring deal in place, the matter could devolve into litigation.
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|
The deal follows an earlier $4.5 billion debt restructuring in June 2014.
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|
The electric vehicle maker is in the midst of a broad restructuring.
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|
Jonathan Levine is now partner in Arnold & Porter's bankruptcy and restructuring practice.
|
|
House Speaker Paul Ryan has long pushed for restructuring Medicare and Medicaid.
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|
Excluding restructuring charges and other items, the company earned $6.08 per share.
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|
It comes to see that an edifice which produces beggars needs restructuring.
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|
Some Democratic presidential candidates have already proposed plans for restructuring the court.
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|
"With UBS, the direction was clear with its big restructuring," Leber said.
|
|
A restructuring committee of independent directors negotiated with Lampert and his advisers.
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|
TOP-10 SUNRISE COMMUNICATIONS INVESTOR TELLS REUTERS UPC DEAL NEEDS SUBSTANTIAL RESTRUCTURING
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The firm is optimistic about Goodyear's earnings potential following its ongoing restructuring.
|
|
What would a more dramatic restructuring of the federal environmental apparatus mean?
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|
"The alternative to an orderly restructuring is a chaotic unwinding," Lew warned.
|
|
They want a debt restructuring that gives them a big fat profit.
|
|
The potential sale of digital assets comes amid a broader GE restructuring.
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|
Argentina's bondholders are jostling for influence ahead of restructuring talks with Fernandez.
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|
The farm economy itself is one reason companies are thinking about restructuring.
|
|
They've got a restructuring, they've got store growth, they've got new products.
|
|
But the restructuring is also about making cars that people currently want.
|
|
These included proper valuations and appraisals and matters involving troubled debt restructuring.
|
|
A new IMF agreement and the restructuring of private debt are inevitable.
|
|
PG&E has filed for Chapter 11 bankruptcy, which allows for restructuring.
|
|
We as leadership acknowledged these restructuring efforts, early part of this year.
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|
Ficco said Marx made clear that no restructuring was planned at Iveco.
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|
Ficco said Marx made clear that no restructuring was planned at Iveco.
|
|
People have since questioned how the brand&aposs restructuring will affect consumers.
|
|
Shares of Germany's largest lender climbed 4.2% on signs of restructuring progress.
|
|
He also said there has been progress on restructuring Puerto Rico's debt.
|
|
It was not clear how it may impact the group's restructuring plan.
|
|
As a result, Congress created the National Commission on Restructuring the IRS.
|
|
That figure includes 202 million euros of restructuring charges, the bank said.
|
|
The job cuts are part of a bigger restructuring in the company.
|
|
EBay went through layoffs and restructuring in the wake of the letter.
|
|
One was the investment bank&aposs restructuring in the spring of 2018.
|
|
It also asked that any senior management changes or restructuring be delayed.
|
|
Ford's restructuring is expected to cost thousands of jobs across the globe.
|
|
However, the final details of such debt restructuring are still being prepared.
|
|
Bed Bath & Beyond has announced a major restructuring of its leadership team.
|
|
The company has been restructuring to cut costs because revenue is declining.
|
|
After a successful financial restructuring, the company emerged from bankruptcy in 2018.
|
|
So instead it adopted a very aggressive out-of-court restructuring plan.
|
|
Millennium bcp has implemented a restructuring plan since 2012 to improve profitability.
|
|
We have watched the restructuring of the Italian banking system with interest.
|
|
A separate source said Tata Steel had not yet approached restructuring advisors.
|
|
"New leaders need to deliver performance; this includes internal restructuring," he said.
|
|
Despite its successes, Spiegel & Grau became yet another casualty of corporate restructuring.
|
|
After the internal restructuring, the company also fired about a dozen employees.
|
|
Wincor Nixdorf said it was making better than expected progress with restructuring and now expected operating profit before restructuring costs to be within 160 million euros to 190 million, up from a previous forecast of 150 million euros.
|
|
"Compared to peers, Salzgitter has a decent track record of cost cutting and asset restructuring," Jefferies analyst Seth Rosenfeld wrote in a note, but added that the company was coming towards the end of its latest restructuring programme.
|
|
Some holders of an 800 million euro ($983 million) bond of a European Steinhoff unit have mandated restructuring adviser PJT as well as law firm Latham & Watkins to represent them in any debt restructuring talks, the sources said.
|
|
Steinhoff said on May 10 it hoped to have a restructuring plan in place soon to put to creditors that would include measures such as fixing the maturity for all loans at three years from the restructuring date.
|
|
The complaint detailed Japanese concerns such as the restructuring of Daewoo Shipbuilding & Marine Engineering from 2015 onwards, including loans from the Korea Development Bank and the Export-Import Bank of Korea, and restructuring of other shipbuilders since 2007.
|
|
Separately, Deutsche Bank finance chief James von Moltke told Boersen-Zeitung he did not expect any more major restructuring costs next year comparable to the expenses for the integration of Postbank or the restructuring of the investment bank.
|
|
"The company is accelerating debt restructuring, and will audit and disclose relevant financial information when the final restructuring plan is settled," the company said in a statement published on website of China's foreign exchange trade platform, or Chinamoney.
|
|
MOSCOW, Jan 22 (Reuters) - International Bank of Azerbaijan has applied to a local district court for a 180-day extension to its restructuring proceeding, D.F. King, an agent to the lender on the restructuring, said in a statement.
|
|
South Korea has said no government or central bank money would be directly injected into the firms restructuring in the ailing shipping and shipbuilding industries, though it is helping small-to-medium sized businesses hit by the restructuring.
|
|
"We feel that there is a path to hopefully get a restructuring done within a year, and we think the restructuring would be at levels and values that are materially higher than where some of these securities trade," Tananbaum told the Reuters Global Investment Outlook Summit in New York, in reference to the benefits that Puerto Rico's debt restructuring poses to the U.S. territory's bonds.
|
|
The ministry said in a separate statement on Wednesday that the industry restructuring funds would also be used to encourage local governments, enterprises and banks to facilitate company and debt restructuring as well as the liquidation of bankrupt assets.
|
|
LONDON, Nov 17 (Reuters) - Bank lenders to German outdoor brand Jack Wolfskin have hired financial restructuring firm Houlihan Lokey and law firm Kirkland & Ellis to advise on the restructuring of its 365m debt, sources close to the deal said.
|
|
It has negotiated and agreed the main terms of a restructuring deal, under which all its debt would be reinstated at par and be given a common maturity date of three years from the completion of the restructuring agreement.
|
|
Steinhoff said it had agreed the main terms of a restructuring deal, under which all its debt would be reinstated at par and be given a common maturity date of three years from the completion of the restructuring agreement.
|
|
The company has already agreed the main terms of a restructuring deal, under which all its debt would be restated at par and be given a common maturity date of three years from the completion of the restructuring agreement.
|
|
"Arguably it is only complete now – 2018 the first year of much lower restructuring costs – 2018 restructuring costs 50 million pounds versus average of 250 million pounds over the past five years," Devlin said in a note to clients.
|
|
LONDON, May 17 (Reuters) - Debt restructuring advisers are being kept busy by emerging markets and demand for their services is likely to increase as weak commodities and tougher capital markets batter the sector, a top restructuring executive told Reuters.
|
|
It now claims that Sistema inappropriately took assets in a restructuring of Bashneft.
|
|
In contrast, Etihad is restructuring after a nearly $2 billion loss in 2016.
|
|
And Italy is in tough negotiations with the European Union on debt restructuring.
|
|
The investors will also serve as "stalking horse" bidders through the restructuring process.
|
|
"We ... went through a major restructuring," said Pruzan, referring to the staff cuts.
|
|
Deutsche Bank has made good progress at implementing an ambitious, intensive restructuring programme.
|
|
It has been pushing for a serious restructuring of the entire condiments shelf.
|
|
It is also extensively restructuring its loss-making Global Travel Services (GTS) division.
|
|
Creditors are scheduled to vote on the revised restructuring proposal at a Nov.
|
|
Appointing El Aissami clearly goes in the opposite direction, debt restructuring experts said.
|
|
Executes debt restructuring with private equity firm Hep Investments, Llc * Zivo Bioscience, Inc.
|
|
The simple problem that underlies this complex restructuring activity is excessive lending growth.
|
|
The restructuring will lead to the loss of around 4% of the workforce.
|
|
Others expected RBI action include changes to guidelines for restructuring of stressed loans.
|
|
For example, in 0003 Fitch excluded $78.4 million in one-time restructuring charges.
|
|
Excluding restructuring items, the company reported a net loss of $2.15 per share.
|
|
ST, Kiabi and Primark, is restructuring its business to improve its financial situation.
|
|
The move comes after a major restructuring in January, which included 50 layoffs.
|
|
Our sources told us the company is restructuring to implement a new strategy.
|
|
But the unit has performed poorly, leading to one-off costs and restructuring.
|
|
It was awfully difficult as a practical manner to manage the restructuring programs.
|
|
Intel has been restructuring, announced plans earlier this year to cut 12,000 jobs.
|
|
Office Depot had earlier completed a restructuring of its European operations in 2015.
|
|
After the restructuring, the two men will no longer be the dominant counterparties.
|
|
The restructuring program, announced in 2016, is due to be completed in 2020.
|
|
But, as I said, eventually they have to create some sort of restructuring.
|
|
This shouldn't have been much of a surprise to anyone following Alphabet's restructuring.
|
|
Goldilocks has opposed the restructuring, which is also facing criticism from some bondholders.
|
|
ULA is restructuring its business and products so it can compete with SpaceX.
|
|
Like me during the restructuring, they are having a tough time with change.
|
|
Some of that lending could help struggling industries meet the costs of restructuring.
|
|
SVP acquired Kloeckner Pentaplast from private equity firm Blackstone following a lengthy restructuring.
|
|
We fulfill all current capital requirements and our restructuring is well on track.
|
|
Uber said it internally announced the restructuring of the marketing team on Monday.
|
|
SOUTH AFRICAN FINMIN SAYS EXPECTS TO ANNOUNCE ESKOM'S CHIEF RESTRUCTURING OFFICER LATER TODAY
|
|
As part of the restructuring, Kushner brought in Vornado Realty as a partner.
|
|
E27's restructuring comes amid increasing competition among tech-focused media in Asia.
|
|
Deutsche Bank's massive restructuring plans shook the European banks to begin the week.
|
|
" Citi, in a research note, termed the restructuring plan as setting "optimistic targets.
|
|
The restructuring programme, announced in 2016, is due to be completed in 2020.
|
|
She says the some of the money will come from restructuring the debt.
|
|
Until then, Chief Financial Officer Jane Nielsen will head the company's restructuring program.
|
|
The company took a restructuring charge of C$194 million in the quarter.
|
|
It cited "restructuring of investment portfolio" as the reason for the planned deal.
|
|
"I decree a refinancing and restructuring of all…Venezuelan payments," Mr Maduro said.
|
|
And I think what we need is restructuring with everything on the table.
|
|
Deutsche Bank's supervisory board met on Sunday to hash out the restructuring plan.
|
|
"Restructuring will come in any case," he said, with an eye to staff.
|
|
Mothercare surged 8.3% after its annual report showed restructuring efforts were paying off.
|
|
MOSCOW (Reuters) - Russia and Venezuela will sign a debt restructuring deal on Nov.
|
|
Kellogg did not immediately respond to requests for additional details on its restructuring.
|
|
The bill comes as GDB and its creditors are negotiating a debt restructuring.
|
|
It will take a charge of approximately $10 million due to the restructuring.
|
|
That's the thinking driving General Motors' major internal restructuring announcement, which came Monday.
|
|
The fund is set to lose most of its investment in a restructuring.
|
|
The low figure alienated creditors, and negotiations toward a restructuring deal have foundered.
|
|
The restructuring support agreement will serve as the basis for a reorganization plan.
|
|
Verizon also said it is restructuring operations into three areas including Vestberg's team.
|
|
Earnings, adjusted to extinguish debt and for restructuring costs, were $1.32 per share.
|
|
A restructuring that affected some 200 employees of that team occurred in January.
|
|
The restructuring plan was approved this week, according to a regulatory filing Thursday.
|
|
Meaning, we're looking at unprecedented change, what is essentially the restructuring of civilization.
|
|
In 2014, the IOC considered an array of proposals for restructuring the Olympics.
|
|
But Big Blue has also laid off some workers amid years of restructuring.
|
|
Cramond's appointment forms part of a major restructuring of M&S's marketing operation.
|
|
Hyundai Merchant Marine is also in the process of a voluntary debt restructuring.
|
|
The make-or-break vote on restructuring will take place on Aug. 27.
|
|
Seadrill, which filed for Chapter 11 restructuring in a U.S. court on Sept.
|
|
Last year, Nestle started restructuring the business, cutting jobs and closing a factory.
|
|
"State-sector restructuring is expected to provide an additional market catalyst," Ma said.
|
|
The bank has veto power over certain company decisions such as administrative restructuring.
|
|
With restructuring completed the group will focus on investing in technology and talent.
|
|
Etisalat said Abdooli would oversee restructuring of the group but gave no details.
|
|
We're generating "significantly more revenues than before we had that restructuring," he said.
|
|
"It's not a restructuring, it's a streamlining of the organization," Rufenacht told Reuters.
|
|
Both added more than 2 percent by the lunch break on restructuring hopes.
|
|
Bikram Yoga appointed turnaround specialist John Bryan as chief restructuring officer on Nov.
|
|
But the unit has performed poorly, leading to one-off costs and restructuring.
|
|
Michelin said it would take an unspecified restructuring charge in its 2017 accounts.
|
|
KTG Agrar itself filed for insolvency proceedings in July and is undergoing restructuring.
|
|
Puerto Rico faces months of complicated debt restructuring talks with myriad creditor groups.
|
|
But a company representative said restructuring measures had resulted in a workforce reduction.
|
|
A pending debt restructuring at PREPA has been in place since December 2015.
|
|
The conclusion of the financial restructuring represents a restricted default under Fitch's methodology.
|
|
Together with Krupp foundation, workers have the power to block deeper restructuring moves.
|
|
Ratings agency Standard and Poor's defined the restructuring as "tantamount to a default".
|
|
Goldman will also contribute to construction financing, affordable housing, and debt restructuring support.
|
|
Still, Etihad said on Friday it would continue to support Air Berlin's restructuring.
|
|
Under the restructuring plan, creditors would see 70% of debt swapped into equity.
|
|
The improvement was driven by lower restructuring expenses, while revenue declined 4% yoy.
|
|
Mark Kirschner, of Goldin Associates, was named chief restructuring officer for the funds.
|
|
One project that could help play a role in that restructuring is Beaker.
|
|
Energy Transfer has previously said no internal restructuring is likely before late 2019.
|
|
Some officials also talk of restructuring state-owned firms, such as Iran Air.
|
|
She also added that she'd be more "aggressive" in restructuring the federal government.
|
|
But the restructuring should have only a limited direct impact on commercial banks.
|
|
Musk referenced a "company-wide restructuring," which was reported last month by Electrek.
|
|
"Debt restructuring alone is not going to help the territory," said Bishop Monday.
|
|
The company also raised its projected charges related to its restructuring program. Amazon.
|
|
The company said it had restructuring costs of $37.5 million during the quarter.
|
|
Wheeler has dismissed those claims, saying the restructuring will bolster coordination with headquarters.
|
|
Two-thirds support for the restructuring plan is required to make it pass.
|
|
Ira Herman is now partner in Blank Rome's finance, restructuring and bankruptcy practice.
|
|
The parties will now seek to implement the restructuring of Hemisphere by Aug.
|
|
It was supposed to be a wholesale restructuring of the US tax code.
|
|
The regulatory obstacles had kept the deal on hold, delaying Graincorp's restructuring efforts.
|
|
One TIM competitor, Oi SA, is currently struggling with a messy debt restructuring.
|
|
Deutsche pledged last week to cut at least 7,000 jobs under a restructuring.
|
|
In line with that, a restructuring expert was appointed to rescue the business.
|
|
The company last week secured shareholder support for a $3.5 billion debt restructuring.
|
|
A certain amount of restructuring is inevitable when a new CEO takes over.
|
|
The team restructuring was part of Facebook's push towards creating its AR glasses.
|
|
The company framed the layoffs as part of a restructuring toward digital content.
|
|
In April 2015, the company announced a restructuring to save $350 million annually.
|
|
He also favors restructuring federal student loans to remove the government's profit incentive.
|
|
Reuters said the fall came as the bank recorded costs associated with restructuring.
|
|
It would include a federal financial-control board and a debt-restructuring mechanism.
|
|
On Prime, Casey Sullivan breaks down Walmart's work on restructuring its law department.
|
|
The regulatory obstacles had kept the deal on hold delaying Graincorp's restructuring efforts.
|
|
Dramatically restructuring their diet, however, could do more harm than good, Slovarp says.
|
|
They are expected to provide some framework for restructuring other than Chapter 9.
|
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Areva on Wednesday said that the restructuring would not harm the Finnish project.
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The few local Republican politicians who initially opposed debt restructuring have gone quiet.
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If a loan goes bad, the originator is tasked with negotiating a restructuring.
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CEO Christian Sewing announced the commitment to analysts when explaining the lender's restructuring.
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The restructuring expenses would result in a special loss, it added, without elaborating.
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There's been some talk in Democratic circles about restructuring the Court in response.
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H.R. McMaster, is planning another restructuring of the White House's foreign policy team.
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Some of this restructuring is having a negative impart in the short term.
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Layoffs and restructuring are on everyone's minds — and how could they not be?
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It was looking to list the overhauled business as part of the restructuring.
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Slack arrives like word of a new office space, or a coming restructuring.
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That argument was eventually challenged by Jay Alix, a retired bankruptcy restructuring expert.
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His programs of glasnost, or openness, and perestroika, economic restructuring, changed Russian society.
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The restructuring, which was earlier reported by Bloomberg, will conclude in mid-November.
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Deals • The latest on Sears: Its restructuring plan follows a familiar retail playbook.
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Hatch criticized this idea, saying it would give Puerto Rico "unprecedented" restructuring authority.
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The church's worldwide conference, scheduled for May, still needs to approve the restructuring.
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Restructuring costs will lead to low and volatile net results until end-2018.
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These new directors bulk up the board's experience in accounting and corporate restructuring.
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The potential cost of a far-reaching restructuring is also hard to assess.
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Uber had to lay off around 1,000 workers last year amid restructuring efforts.
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Atvos creditors have rescheduled the vote on the restructuring plan to March 27.
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The church's worldwide conference in May would need to approve the historic restructuring.
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Leaders in Congress said they were eager to hear Mr. Tillerson's restructuring plans.
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The sale comes as Bombardier undertakes a five-year restructuring program through 2020.
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Instead, the startup has spent most of 2019 undergoing a larger restructuring effort.
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Ernst & Young was appointed by the court to help the company with restructuring.
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This new exchange offer is as much about equity salvage as debt restructuring.
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The company had separated the businesses in 2015 as part of a restructuring.
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Luoyang itself has a restructuring plan in the works awaiting approval from authorities.
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AND THEN WE MADE THIS OTHER ANNOUNCEMENT ABOUT MASSIVELY RESTRUCTURING OUR MERCHANDISING ORGANIZATION.
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Macy's also announced the restructuring of its management ranks, cutting about 100 jobs.
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Ralph Lauren's year-earlier quarter was hit by an $86 million restructuring charge.
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Takata aims to file its restructuring plan to that court by Nov. 27.
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The value of Postmedia's bonds has plummeted as investors brace for a restructuring.
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The European Commission said the restructuring would ensure the bank's long-term viability.
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The company added a new director who is familiar with bankruptcies and restructuring.
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Alejandro García Padilla signed into law a deal restructuring the power authority debt.
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For restructuring specialists, however, the years of cheap credit were the lean times.
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Oh, yeah, they reorged all of ... Complete restructuring of the whole company. Yeah.
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There's always a new restructuring plan and a revolving door of new staff.
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"The invitation to meet with a person under sanction for criminal activity shows a lack of seriousness and essentially is just noise as far as a restructuring is concerned," said Charles Blitzer, a debt restructuring expert and former IMF staffer.
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However, the banker added that it remained unclear whether banks would benefit in the long term, as restructuring Binladin could also involve a restructuring of its debt or more pressure on banks to make provisions or write off some debt.
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Noble was looking to list the overhauled business as part of the restructuring, which is subject to regulatory approval, Noble said it intended to "take steps to preserve value for stakeholders, including through implementation of the restructuring by an alternative process".
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Takata Enlists Restructuring Lawyers | Takata has enlisted restructuring lawyers in the face of an onslaught of recalls covering millions of vehicles with rupture-prone airbags that the Japanese company supplied, The Wall Street Journal reports, citing people familiar with the matter.
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NEW YORK (Reuters) - Goldman Sachs Group Inc has named managing director Greg Berube head of restructuring in the Americas, and managing director Clinton Ray head of restructuring in Europe, the Middle East and Asia, the investment bank confirmed on Tuesday.
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The regulatory environment in Ireland strongly favours restructuring over repossession (central bank data shows that just 21103,535 primary residences were repossessed last year), but a credible threat of home repossession can incentivise borrowers to engage with lenders in the restructuring process.
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In June it said it had agreed the main terms of a restructuring deal, under which all its debt would be restated at par and be given a common maturity date of three years from the completion of the restructuring agreement.
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HNA is restructuring operations and selling assets to raise cash, partly to repay debt.
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GoPro (GPRO) set aside another $7 million to cover layoffs and other restructuring expenses.
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The moves were expected to result in upwards of $120 million of restructuring costs.
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"It (restructuring) allows our borrowers to repay debts... to become not troubled," he said.
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Then the app floated a few more—time-lapses of braces completely restructuring mouths.
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We are living in the midst of a profound technological restructuring of human society.
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The total cost of the restructuring will hit €7.4 billion ($8.3 billion) by 2022.
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The restructuring comes as analysts forecast a dip in U.S. vehicle sales this year.
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The previous forecast was $2218 per share, or $22016 per share, excluding restructuring costs.
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Its overdue restructuring will involve 18,000 job losses, mostly in London and New York.
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And for Papermaster, a new CPU meant a major restructuring of AMD's design group.
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He spearheaded the lender's restructuring and listing before heading the securities regulator in 2011.
|
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Apple's Indian sales team is now undergoing a restructuring, one of the people said.
|
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Goldilocks is opposing Noble's restructuring plan as protecting creditors at the expense of shareholders.
|
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People close to the deal insist this does not count as a debt restructuring.
|
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Bondholders are hoping the painful restructuring will be the only one New Look needs.
|
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Coty reported a drop of about 73 percent in restructuring costs in the quarter.
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The total cost of the restructuring will hit €93 billion ($8.3 billion) by 2022.
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This is particularly the case for the ongoing restructuring of the health care system.
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Wacom has been restructuring its lines of pen displays and tablets in recent years.
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Teva has reduced its spending by $2.5 billion since initiating the restructuring last year.
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One insider at the bank said the restructuring had been accelerated by poor performance.
|
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Faraday Future has been working with Birch Lake, the restructuring firm, since March 2019.
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As described previously, we are conducting a comprehensive organizational restructuring across our whole company.
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Isbank said the debt restructuring negotiations were continuing, but declined to give further details.
|
|
Layoffs and restructuring are starting to look like the trends of this earnings season.
|
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Odebrecht has been restructuring its debt with local banks for the last three years.
|
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Stripped of provisions for bad behaviour and restructuring, the figure was a sparkling 15.1%.
|
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Macy's investor meeting followed its announcement Tuesday that it would be restructuring its business.
|
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The company also yesterday added restructuring expert Alan Carr to its board of directors.
|
|
It excludes restructuring charges, $12 million of which Uber recorded in the fourth quarter.
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The bank warned that the restructuring could take a couple of years to complete.
|
|
That process of restructuring also is gradually meting out other data about the company.
|
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Lazard was the most active restructuring firm last year, according to Thomson Reuters data.
|
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"There has to be a complete restructuring of that committee," he told NBC News.
|
|
Sonos is in desperate need of a hit following last years' layoffs and restructuring.
|
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Telam said Galuccio's resignation was asked for "due to a restructuring" at the company.
|
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The company underwent a restructuring last year as an attempt to reclaim domestic markets.
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To, on the one hand, tell us their tools are actively restructuring our societies.
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So the restructuring of London is underway and that is not changed by Brexit.
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|
It is also restructuring state-owned enterprises, with a view to their eventual privatisation.
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|
Government-backed recapitalisations through the fund are conditional on the banks presenting restructuring plans.
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A substantial part of our restructuring costs is already digested in the second quarter.
|
|
When Sarah Holland's* company was restructuring, she identified an opportunity in a different department.
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The agency said that the companies had undergone significant restructuring to dilute Deripaska's control.
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Existing CaCs require separate restructuring for separate types of bonds issued by the government.
|
|
Then 2004 came and with that a new CEO and a new restructuring plan.
|
|
Among broader themes, Morgan Stanley advocated corporate restructuring, shareholder rewards and corporate governance improvement.
|
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The U.S. Treasury Department has long called for a debt restructuring for Puerto Rico.
|
|
It promised weary investors that it would soon give details of its crucial restructuring.
|
|
The deal was also complicated by Essar's ongoing debt restructuring programme, the source said.
|
|
SolarCity did not immediately respond to requests for further details on the restructuring plan.
|
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The government is offering only minority stakes, limiting buyers' ability to carry out restructuring.
|
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Mr Coombs worries that restructuring may cost far more than Deutsche is allowing for.
|
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Not a newfangled decentralization tech but something much older: Market restructuring via competition law.
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Mr Sewing's restructuring plan does little to address any of these except the first.
|
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The restructuring plan is focused on making the company more agile and less bureaucratic.
|
|
Stock prices of debt-laden companies were in action as SEBI relaxed restructuring norms.
|
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The move is part of an expected restructuring that will include a coaching search.
|
|
The advances Noble Group made in its debt restructuring continued to support its bonds.
|
|
PJT advises companies on mergers and acquisitions as well as restructuring and capital raising.
|
|
The potential move is getting billed as a "fundamental restructuring" of Apple's supply chain.
|
|
Following that announcement, analysts and investors had expected a similar restructuring in South America.
|
|
Over the last decade, Deutsche has struggled with fines and several failed restructuring attempts.
|
|
It gave no further details on the plan, which adds to restructuring already underway.
|
|
MPS reckons its tangible book value following its restructuring would be 9.1 billion euros.
|
|
He emphasized the bankruptcy would allow the operator to maintain patient care while restructuring.
|
|
On the other hand, its CEO has started to implement a major restructuring program.
|
|
The company is already working with restructuring bankers from firm Rothschild & Co, they added.
|
|
The company said it expected costs related to the restructuring of about $88 million.
|
|
Halcon announced a restructuring deal last month and plans to file a prepackaged bankruptcy.
|
|
The group's founding Lee family has been restructuring the conglomerate, divesting non-core affiliates.
|
|
Powerful restructuring is taking place for you emotionally, so stay present with yourself, Gemini.
|
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Last quarter, Biogen announced a restructuring that involved cutting 11 percent of its workforce.
|
|
Ovation Brands has abruptly shuttered 74 restaurants as part of a national restructuring plan.
|
|
The plan also foresees restructuring the examination and insurance office into specialized working groups.
|
|
BNP Paribas and KPMG are the financial and transaction advisors on the airline's restructuring.
|
|
Management reportedly plans to present a restructuring plan to Siemens's supervisory board on Nov.
|
|
BCG is considering restructuring the segment's assets as part of its ongoing deleveraging initiative.
|
|
The asset manager also said its restructuring and cost-cutting plan was on track.
|
|
Bloomberg adds that if the restructuring isn't approved, the chain could file for bankruptcy.
|
|
"The restructuring is completely done," Chief Executive Bracken Darrell said in a phone interview.
|
|
Berkeley Research Group is Rue21's restructuring advisor during this process, the company said.
|
|
Ovation Brands shuttered 20123 restaurants in February as part of its national restructuring plan.
|
|
Taxes can be forgiven for the sale or transfer of assets in the restructuring.
|
|
"Economic restructuring does not have to come at the expense of employment," Xi said.
|
|
Alexion Pharmaceuticals (ALXN) is cutting 7 percent of its workforce in a major restructuring.
|
|
To handle the workload, banks and law firms are boosting their corporate restructuring teams.
|
|
Fitch estimates post-restructuring sustainable EBITDA of EUR90 million and a multiple of 4.0x.
|
|
Chief Executive John Flannery is expected to announce restructuring measures later in the day.
|
|
Liquidity has stabilised with deposit flows and the restructuring (maturity extensions) of bank Eurobonds.
|
|
The government is thoroughly restructuring the Chinese economy, despite the social costs this entails.
|
|
You're also restructuring your budget—it's time to get real about your financial situation.
|
|
Ramljak, who will steer the 15-month restructuring, did not give a precise date.
|
|
But property sales and an attempted debt restructuring failed to turn the business around.
|
|
The rating is supported by the absence of a recent history of debt restructuring.
|
|
Kontoor said it was seeing the benefits of prior cost-cutting and restructuring initiatives.
|
|
He announced plans for a corporate restructuring in October focused largely on cutting costs.
|
|
Credit Suisse also took restructuring charges of 255 million francs in the first quarter.
|
|
If a majority of creditors agree to a restructuring, in theory everybody must conform.
|
|
This approach, however, requires financial incentives for help with workplace restructuring, not just penalties.
|
|
Restructuring is taking place and you and your partners are figuring out your needs.
|
|
As debt restructuring occurs and fiscal plans authorized, all stakeholders should consider several issues.
|
|
The No. 22018 US automaker is in the midst of an $33 billion restructuring.
|
|
WE'VE SPENT A LOT OF TIME IN THE LAST TWO YEARS RESTRUCTURING THIS BANK.
|
|
LONDON (Reuters Breakingviews) - Tidjane Thiam's multiyear restructuring ordeal is drawing close to an end.
|
|
The current bill pairs both a federal oversight board with some debt restructuring powers.
|
|
The E.U. could strengthen the European economy by restructuring the debt of weaker countries.
|
|
"This injection would need to come with a restructuring of the system," he said.
|
|
Samsung executives did not elaborate on the restructuring in a conference call on Tuesday.
|
|
Its most likely form would be that of a centralised asset-restructuring company (ARC).
|
|
GE started the week by announcing restructuring plans and a 49.123 percent dividend cut.
|
|
Both banks have been restructuring a material part of these portfolios in recent years.
|
|
The lender is currently in the second phase of its three-year restructuring program.
|
|
We use the going-concern value approach to calculate the post-restructuring enterprise value.
|
|
Because there's been a number of-- restructuring plan attempts over the-- the last decade.
|
|
At its annual shareholder meeting Thursday, the bank will reportedly announce additional restructuring measures.
|
|
Lower Saxony traditionally cooperates with unions to water down restructuring efforts and safeguard jobs.
|
|
"A restructuring of Chinese fund debt could be supportive for Venezuela," Barclays analysts wrote.
|
|
The restructuring plan aims to repay creditors by selling the company's assets over time.
|
|
Amid Twitter's restructuring and global layoffs, more senior executives continue to leave the company.
|
|
PVH said both the forecasts exclude costs related to the restructuring of Calvin Klein.
|
|
Ford is restructuring its global operations, including recent plans to make cuts in Europe.
|
|
Tesla's first-quarter financials will reflect a one-time restructuring cost, the company forecasted.
|
|
But it also ordered departments and agencies to write restructuring plans for their workforces.
|
|
Consider restructuring costs, the most common expense excluded by companies from their results nowadays.
|
|
The people spoke under condition of anonymity, because terms of the restructuring remain private.
|
|
A spokesman for Deutsche declined to comment on the expected cost of the restructuring.
|
|
After the spin off, a restructuring of the newly created tourism group has continued.
|
|
Qian added any listing plans would depend on capital market conditions and the restructuring.
|
|
SAO PAULO (Reuters) - Starboard Restructuring Partners and buyout firm Apollo Global Management LLC (APO.
|
|
The low figure alienated creditors and negotiations toward an out-of-court restructuring foundered.
|
|
He said the sides had made consensual progress on elements of Puerto Rico's restructuring.
|
|
Kiev refused to repay the bond, saying Russia should have participated in the restructuring.
|
|
Reliance Communications' debt restructuring plan came as a breather to the investors and banks.
|
|
He eventually came out in support of abolishing and restructuring the current ICE agency.
|
|
The last time Argentine did a big bond restructuring was in 2005 and 2010.
|
|
Much has changed since then, though, and a final restructuring deal is in limbo.
|
|
Restructuring and bankruptcy attorneys are working around-the-clock to field calls from clients.
|
|
Compounding pressure on the group is the restructuring of its Massdiscounters and Masscash divisions.
|
|
ARGENTINA RESTRUCTURING Precious metal investors were still on a quest to buy safer assets.
|
|
E-cigarette maker Juul is losing two top executives amid global cost-saving restructuring.
|
|
CIBC and TD Bank have said they could also take restructuring charges this year.
|
|
Toys 'R' Us tapped restructuring attorneys from Kirkland & Ellis LLP, CNBC reported this month.
|
|
Some even say they experience long-term, positive restructuring of their moods and attitudes.
|
|
It estimated a one-off restructuring cost of about S$25 million ($18.2 million).
|
|
Stockmann is restructuring its business and pulled out of the Russian market last year.
|
|
This would not be the first time Guitar Center would undergo a debt restructuring.
|
|
Noble is seeking a $3.4 billion debt restructuring that is crucial for its survival.
|
|
It was not immediately clear whether FCA and PSA's merger would affect that restructuring.
|
|
A negotiated debt restructuring could include "a haircut" on large bank deposits, Tuvey said.
|
|
A restructuring of Puerto Rico Electric Power Authority debt is also in the works.
|
|
PG&E hammered out a restructuring plan, but still needs Newsom to approve it.
|
|
Some felt that at this point Siemens deserved a pause from the restructuring drive.
|
|
Separately, the bank published pro-forma earnings to reflect business segments following its restructuring.
|
|
The restructuring of the buyer teams was first reported by The Wall Street Journal.
|
|
Ted Baker expects a restructuring charge of 2.7 million pounds in the current year.
|
|
Deutsche Bank's strategic restructuring came later than those of most of its GTUB peers'.
|
|
Soon after joining Barclays late in 2015, Mr. Staley initiated a major restructuring effort.
|
|
Odebrecht and its creditors have delayed a pivotal vote on the restructuring since December.
|
|
Pizza Hut's largest U.S. franchisee is weighing restructuring options, including bankrutpcy, Bloomberg reported Wednesday.
|
|
Mr. Mapp said he hoped to start restructuring the pension system in the fall.
|
|
A few years later, Pfizer ditched the business as part of a massive restructuring.
|
|
More than 100 employees have lost their jobs amid the company&aposs massive restructuring.
|
|
Analysts expect more details on the restructuring and see additional cuts to office personnel.
|
|
The Philadelphia unit announced a restructuring and hiring of new staff members in February.
|
|
Mechel is engaged in talks with its creditors about restructuring $6 billion in loans.
|
|
Graincorp's annual profit dipped in 2016 due to restructuring costs and smaller grain production.
|
|
While its restructuring efforts are yielding fruit, Aeon still faces pressure on multiple fronts.
|
|
Under the restructuring, Tsujihara also gained authority over Cartoon Network and Turner Classic Movies.
|
|
Tension over Macron's proposed budget restructuring has been simmering in France in recent days.
|
|
Widespread restructuring in retail led to unprecedented job cuts across the sector in 2017.
|
|
Visco warned of the possible psychological effect on markets of any debt restructuring mechanism.
|
|
However, we will include some integration and restructuring expenses within our cash flow measures.
|
|
That prompted a restructuring of M6toll in 2013, effectively handing control to its creditors.
|
|
Last week Russian nuclear group Rosatom also expressed interest in participating in Areva's restructuring.
|
|
It was commissioned by Purdue to help guide the company through Chapter 103 restructuring.
|
|
HSBC (HBCYF) is shedding thousands of jobs as part of a major restructuring program.
|
|
December 22018 - Unable to turn CompUSA around, Slim sells it to a restructuring firm.
|
|
The moves came as investors reacted to a local media report on restructuring plans.
|
|
Carey will start as partner in Hogan's business restructuring and insolvency practice on Oct.
|
|
The company's directors hope to conclude the restructuring process by March 31, statement added.
|
|
But the athletic apparel maker warned on full-year results and announced a restructuring.
|
|
The tactics, timing, and restructuring of troops is not the debate our country needs.
|
|
The 2110 restructuring strategy has prevented a strong deterioration in profitability in our view.
|
|
The restructuring and layoffs come months after Albertsons' attempt to buy Rite Aid's collapsed.
|
|
CT: The bank's previous management spent the last seven years shrinking, restructuring the bank.
|
|
Rite Aide expects to save around $55 million a year from the restructuring plan.
|
|
Jaguar Land Rover and Ford recently announced restructuring and layoffs of thousands in Europe.
|
|
Cellcom is in the midst of implementing a restructuring plan, CEO Nir Sztern said.
|
|
Incentives for litigation for hedge funds would be few if the restructuring were fair.
|
|
The Bloomberg spokeswoman said the woman lost her job as part of a restructuring.
|
|
Deutsche declined to comment on the restructuring costs or the effect on its earnings.
|
|
FCF (after dividends, cash restructuring charges, and pension contribution) is expected to improve from $520 million in 2016 to over $1.4 billion in 2018 as the company cycles heavy restructuring-related cash payments and capex moderates over the next 2-0003 years.
|
|
Strong net new money inflows in Asset Management led to higher management fees, which combined with a 103% yoy fall in operating expenses (1% excluding restructuring) resulted in a 22% increase in pre-tax profit to CHF127 million (11% increase excluding restructuring).
|
|
It will also likely be the facilitator between investors and a government, should it ever come to debt restructuring, but there is no agreement yet on how much of the debt restructuring process should be pre-defined and how much left to discretion.
|
|
Bondholders face losses as a result of debt restructuring while the labor group has said that the board's proposed restructuring of the utility's debt would violate the terms of a collective bargaining agreement and lead to its members having worse working conditions.
|
|
COMPLETION OF A MAJOR DEBT RESTRUCTURING PLAN: With the current transaction, AHS is completing their major debt restructuring plan initiated in 2012, which was intended to reduce dependence on letters of credit (LOCs), eliminate swap exposure and pay off high coupon debt.
|
|
Government ownership could help lift SBG back into profit, but bankers said it was not clear if it would also mean quicker or fuller repayment of outstanding debt to banks, as the group's restructuring might involve restructuring of some of that debt.
|
|
Excluding m&a related charges, restructuring charges for quarter were $6.3 million * Stanley Black & Decker - total m&a related charges in q2 were $43.0 million, primarily related to restructuring, deal and integration costs, among others Source text for Eikon: Further company coverage:
|
|
Agrokor's crisis manager Ante Ramljak submitted the relevant documents to the government this week after local media revealed that the company's key restructuring advisers, the U.S.-based firm AlixPartners, had hired Ramljak's former firm as a local consultant in devising the restructuring programme.
|
|
"But the price that you pay — if you don't do the financial restructuring and real economy restructuring that is necessary to restore things to health — is that you get a very long period of very low growth and anemic activity," he added.
|
|
"We absolutely paused on making [accounts payable] payments as we went through the restructuring so that, with FTI's help, we could organize the manner in which we were going to pay off our ... balances as is common in any restructuring," Bierman said.
|
|
If those talks failed, the island or its public entities could file for a court-supervised debt restructuring process that would incorporate key statutes within U.S. bankruptcy law, including the ability to enforce restructuring deals on holdout creditors, if most other creditors agreed.
|
|
After suspending its cash distributions indefinitely last fall, Linn announced a debt restructuring in November.
|
|
The gain was offset by 9 cents in restructuring costs and other items, GE said.
|
|
The D.C. Circuit's decision will likely influence the bill's ultimate approach to restructuring the CFPB.
|
|
Excluding asset impairments and restructuring costs, the company earned $253.4 million, or $9.06 per share.
|
|
Second, the restructuring is being done in a thoughtful way that should produce shareholder value.
|
|
"At some point in this cycle there will be a lot of restructuring," Moelis said.
|
|
Standard & Poor's downgraded OEC from "C" to "D" after the announcement of the debt restructuring.
|
|
But urgent action was needed after recent attempts at restructuring failed to produce consistent profits.
|
|
Deutsche Bank has said that it won't raise additional capital to fund its restructuring plan.
|
|
"Hopefully, this can be done as part of an orderly debt restructuring," El-Arian said.
|
|
Ford has said it anticipates spending $11 billion restructuring its business in the coming years.
|
|
It will fall to 4.9 billion euros after the restructuring, the company said on Wednesday.
|
|
There is definitely a need for restructuring in terms of political power and economic concentration.
|
|
A person familiar with HNA Group's restructuring process said no such job cuts were planned.
|
|
"We feel pretty good about what we did in restructuring the business," Pruzan told analysts.
|
|
Anatel has already requested the fines to be excluded from the total debt under restructuring.
|
|
It said restructuring costs were £20133 billion for 2016, compared with £2.9 billion in 2015.
|
|
Evercore is the restructuring advisor to David's Bridal and Debevoise & Plimpton is its legal counsel.
|
|
Shutterfly said it expects to incur restructuring charges of $15 million-$20 million this year.
|
|
We do not expect OMEM's operations to be materially disrupted by the group's restructuring plans.
|
|
"This is not something I've seen in the bankruptcy world," said restructuring expert Drew Dawson.
|
|
Weyerhaeuser has been restructuring its business since it bought Plum Creek Timber Co Inc PCL.
|
|
Wells Fargo also said it would be cutting 1,000 workers as part of a restructuring.
|
|
Arnold Ventures is instead restructuring to streamline its political advocacy work alongside its philanthropic work.
|
|
Why it matters: The company is restructuring to focus on its legal and tax business.
|
|
Church has experience in building and restructuring business units and is a veteran deal maker.
|
|
Instead, BTA underwent a second restructuring, and the Kazakh fund took a 97 percent stake.
|
|
HNA is restructuring its operations and selling assets to raise cash, partly to repay debt.
|
|
SAP (SAP) posted on operating loss for its latest quarter, largely from a restructuring charge.
|
|
The company entered into a forbearance agreement that buys it time to negotiate a restructuring.
|
|
Restructuring announcements in the third quarter included the sale of its vehicle subscription service, Canvas.
|
|
Lower exports are the manifestation of a multi-pronged restructuring of the Chinese steel sector.
|
|
That restructuring phase should peak in the middle of this year, then stay roughly constant.
|
|
A subsequent job at Shine America, a television production company, ended with a corporate restructuring.
|
|
The legislature has about 23 more days to do that, according to the restructuring schedule.
|
|
That would be bad news for most banker wallets, with the exception of restructuring experts.
|
|
The creditors have labeled the deal a "restructuring" while the government deems it a "reprofiling".
|
|
SAP — SAP posted on operating loss for its latest quarter, largely from a restructuring charge.
|
|
In April, the company laid off 150 employees as part of an on-going restructuring.
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S) finance chief said on Thursday further restructuring would be necessary at Germany's Osram (OSRn.
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Combined, its restructuring activities are expected to save about $180 million to $220 million annually.
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Around 2680% of loans are either not being repaid or are likely to require restructuring.
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The company said it estimates the restructuring will cost the company about $1 billion total.
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Congress is considering restructuring Part D as part of its effort to lower drug prices.
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I felt unprepared, even unequipped to deal with the changes that the restructuring would bring.
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One of the debt restructuring options SandRidge had been mulling was a pre-packaged bankruptcy.
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This immersive arrangement strove to achieve a traumatic restructuring of ontological consciousness based in excess.
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But French President Emmanuel Macron's plan for restructuring the union offers a viable path forward.
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That restructuring, painful as it was, looks to have put the focus on the fundamentals.
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The decrease was primarily the result of restructuring programs and lower production, the company said.
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A group of bondholders has opposed the terms of the restructuring, threatening to block it.
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Gulf Keystone said Capital Group, one of the world's biggest funds, was supporting the restructuring.
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"Investors are waiting to see Prime Minister Ranil Wickremesinghe's restructuring plans in August," Mathew added.
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CALL * SAYS DON'T EXPECT RESTRUCTURING COSTS TO RECUR AT THESE LEVELS IN SECOND HALF- CONF.
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Lazard Frères and White & Case, hired by IBA for the restructuring process, also declined comment.
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He also identified recurring investment opportunities around SOE restructuring and the Xiong'an special economic zone.
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That meeting is when Hackett was widely expected to roll out details about the restructuring.
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Coty expects to incur $600 million in restructuring costs over fiscal year 2020 to 2023.
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The restructuring plan would leave the group with just 28 stores in the United Kingdom.
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The island took close to a year to restore electricity fully, and financial restructuring continues.
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"We are restructuring to be more lean and focused," E27 CEO Mohan Belani told TechCrunch.
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However, at a meeting in May they postponed any significant debt restructuring measures to 2018.
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Exactly what the strategy is now following Field's appointment and this restructuring is not clear.
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The amount of restructuring dollars that we take, all of which we take into expense.
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Sewing is seeking shareholder backing for a massive 7.4 billion euro ($8.4 billion) restructuring program.
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The restructuring is the first major change under new Institutional Clients Group head Paco Ybarra.
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But a loan-restructuring agreement with Russia should provide the regime with some breathing-space.
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Moelis also worked with Arabtec two years ago to study options for Arabtec's capital restructuring.
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Earnings, adjusted for the gain and restructuring and other costs, were 49 cents per share.
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Mattress Firm said it expects to complete a prepackaged restructuring within 45 to 211 days.
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The three companies had agreed to restructuring changes including reducing Russian tycoon Oleg Deripaska's stake.
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Predictably, most of that restructuring and modernization process is affecting large state-owned enterprises (SOEs).
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It also expects about $350 million to $500 million in restructuring costs and other charges.
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It forecast pre-tax expenses of $340 million to $440 million related to the restructuring.
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KLM has undergone restructuring and struck new labor deals to improve productivity and reduce costs.
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The loss was wider than expected, even after adjusting for restructuring costs and other expenses.
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Kellogg's ongoing restructuring plan across continents is expected to be completed by end of 2020.
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The company said it aimed to draw up an initial restructuring plan by mid-February.
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Ford is undergoing an $11 billion restructuring that will shrink its salaried workforce of 70,000.
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Net profit there fell 211.3 percent following a 223 million euro charge for restructuring costs.
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Lower restructuring revenue and softness in European deal completions hurt the unit, the company said.
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The pressure on margins and restructuring charges will take their toll on full-year results.
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PES Energy emerged from bankruptcy in August 2018 after successfully restructuring $635 million of debt.
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ScotiaMocatta had around 60-65 trading and sales staff before the restructuring began, sources said.
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Any potential buyers will need to figure out a legal framework for restructuring the company.
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He stressed that the talks were about debt restructuring, not about writing off the debt.
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PDVSA, Venezuela's main source of foreign exchange, would have a harder time restructuring its debt.
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Ukraine says that Russia has refused to take part in negotiations over restructuring the debt.
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Critics almost certainly would draw that linkage should Goldman's restructuring or foreclosure activities become controversial.
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SI Re's GWP declined in 2015 due to the restructuring of two major reinsurance contracts.
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As part of the restructuring, Wal-Mart will have 36 regional managers instead of 44.
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Merck has said Performance Materials would return to growth in 2020, thanks to restructuring measures.
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The sugar business restructuring will focus production on the most cost-effective regions, he said.
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Tax reform is a broad restructuring of the system the government uses to collect revenue.
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" William Aziz, U.S. Steel Canada's chief restructuring officer, said the company welcomed the "constructive engagement.
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Some lawmakers and former government officials have expressed concern over the restructuring of the NSC.
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Excluding restructuring costs, Caterpillar earned 74 cents per share, compared with $1.35 the previous year.
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Elliott on Monday said the restructuring plan of South Korea's second-largest conglomerate was insufficient.
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The agreement is key to the restructuring of the company's 110 billion reais in debt.
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"While 2017 remains a transition year, we have executed on our restructuring plan," Park added.
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In the past, Tudor Pickering has formed consulting alliances with other restructuring advisors, including Millstein.
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UniCredit has been restructuring its business since Mustier took over as CEO in mid-2016.
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And, with CEO Larry Culp's restructuring efforts underway, one market watcher sees more upside ahead.
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"Currently the company is focusing its efforts in defining a financial restructuring plan," ICA said.
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The government has said options range from insolvency to a restructuring plan or government takeover.
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Finance chief Carsten Knobel said that figure did not include expenses for restructuring and acquisitions.
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"Except perhaps a restructuring of my priorities, which I don't mind at all," he says.
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Zafgen said it expected the restructuring to save about $4.8 million in annualized workforce expenses.
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"The Dana restructuring will be a critical and important test for the Board," it predicted.
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