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Tag: restructuring
401(k) restructuring a boon to participants
2013-05-28 06:05:59| Semiconductors - Topix.net
Semiconductor maker Intersil Corp. has put a charge into its 401 plan through a restructuring that will save participants $600,000 a year in fees and offer what plan officials say is more flexibility in meeting employees' retirement needs.
Tags: participants
restructuring
401k
boon
Telecom NZ's restructuring costs to be higher
2013-05-16 07:12:00| Telecompaper Headlines
(Telecompaper) Telecom New Zealand's restructuring costs are expected to be higher than first announced, at NZD 100-130 million, up from the earlier estimate of NZD 70 to 80 million. The increase reflects the inclusion of estimated non-cash accounting adjustments associated with the cessation of business activities (such as onerous lease contracts and other asset write-offs), the company said at its investor day where it outlined its strategy shift from a traditional fixed and mobile infrastructure company to a future-oriented, competitive provider of communication, entertainment and IT services delivered over its networks and the cloud. Telecom's adjusted EBITDA guidance for FY 2013 remains NZD 1.04-1.06 billion, although management expects that the result will be near the bottom end of this range, primarily due to a further increase in price competition in the fixed-line market and continued margin pressure in Gen-i. This guidance excludes one-off restructuring costs associated with the cost reduction and strategic change programme.
Tags: costs
higher
telecom
restructuring
Ask Matt: Is Whirlpool's restructuring paying off?
2013-05-10 08:05:13| Appliances - Topix.net
Q: Is Whirlpool's restructuring paying off? A: Since the economy and housing market hit the wall in 2008, Whirlpool realized the world has changed and that it needed to, too.
Tags: off
paying
matt
restructuring
Texas Instruments updates financial and other information due to its wireless restructuring
2013-05-03 23:20:23| Semiconductors - Topix.net
Texas Instruments Inc. today updated financial and other information for some of its business and product lines due to the restructuring of its wireless business.
Tags: information
due
financial
instruments
EV maker CODA files for Chap. 11 bankruptcy; restructuring business around energy storage
2013-05-01 15:30:16| Green Car Congress
Tags: business
files
energy
storage
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