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Tag: restructuring
Virgin Media to shed 900 UK jobs under restructuring plan
2016-01-22 01:00:00| Total Telecom industry news
U.K. cable operator to increase overall staffing levels, but outsourcing will play a part.
Air France drops "plan B" restructuring - unions
2016-01-15 17:10:15| Airlines - Topix.net
Jan 15 Air France has dropped a so-called "plan B" restructuring plan of job losses that triggered clashes with staff last year in favour of limited expansion, union sources said on Friday. In new plans outlined to the airline's works council, the French unit of Air France-KLM targeted growth in its long-haul network from 2017, they said.
BlackBerry posts USD 89 mln loss after restructuring costs
2015-12-18 16:52:00| Telecompaper Headlines
(Telecompaper) BlackBerry piosted a USD 89 million net loss (USD 0.17 EPS) in its fiscal third quarter to 28 November. The loss reflects USD 38 million in restructuring and acquisition costs, USD 18 million of amortisation of acquired intangibles, USD 14 million of stock compensation and USD 5 million in debentures fair value adjustment. On a non-GAAP basis, BlackBerry made a USD 15 million net loss (USD 0.03). Some 70 percent of the company's USD 548 million third quarter revenue was recurring. BlackBerry's Adjusted EBITDA came in a USD 114 million and free cash flow at USD 15 million.
Deep Dive: 20 companies ripe for M&A or restructuring after DuPont deal
2015-12-15 01:08:45| Apparel - Topix.net
Freeport McMoRan's stock is the worst performer among the materials and industrial sectors in the S&P 500, with a five-year average total return of minus 17%. This year has had frequent and large corporate deals, some of which are meant to "unlock shareholder value" by spinning off units into new companies, while others save companies billions of dollars in expenses by simply combining.
Tags: companies
deal
deep
dive
Corning Investors Cheer Restructuring, But Brian White Warns Of A Coming Selloff
2015-12-11 20:26:20| Electronics - Topix.net
Corning Incorporated stock jumped to 4 percent after the company said it will sell its joint venture stake to Dow Chemical Co , making it one of the biggest deals of the year. Corning announced on Friday it will exchange 50 percent interest in Dow Corning Corporation for 100 percent of the stock.
Tags: white
coming
brian
investors
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