Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Elbit Imaging Ltd. announced following its announcement dated June 26, 2014, that Plaza Centers N.V. ("Plaza"), a public company listed on the London Stock Exchange and the Warsaw Stock Exchange in which the Company holds directly and ...
Tags: Elbit, Apparel, Accessories
Respect Your Universe, Inc announced that Munir Ali, who was integral in listing RYU on the TSX Venture Exchange in 2012, has resigned as a director and that it has eliminated the position of chief operating officer held by Erick Siffert. ...
Tags: Respect Your Universe, Munir Ali, Erick Siffert, COO position
On December 23, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that it has issued 706.7 million non-public shares to raise a total of RMB 1.999 billion ...
Tags: steel, metallurgy
China's exports handily beat forecasts in November, adding to recent evidence of a stabilization in the world's second-largest economy as its leaders embark on an ambitious restructuring plan. Exports rose 12.7 percent from a year ...
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
Titan Petrochemicals Group Limited announced key indicative terms of a new debt restructuring proposal for further discussion with creditors and other relevant parties. A creditors' meeting will be held for obtaining indicative consent on ...
On November 20, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that its major asset restructuring plan has received final approval from the China Securities ...
Tags: steelmaker, Mineral
OSX Brasil S.A, the shipbuilder controlled by Brazilian tycoon Eike Batista said on Monday it filed for bankruptcy protection. Trading of the OSX stock was suspended on the Sao Paulo bourse ahead of the filing, spokeswoman Roberta Brandao ...
Tags: Brazilian Tycoon
Brazilian oil firm OGX owned by tycoon Eike Batista, filed for bankruptcy Wednesday, after negotiations with creditors failed. If its pedition is approved by court, OGX would have six months to continue operating while it tries to ...
Tags: Metallurgy, Mineral, Energy
Canada-based specialty packaging firm CCL Industries has announced the closure of Avery North American supply chain operations in the US. The company plans to commence the shut down from 1 February 2014 that is expected to complete by the ...
Tags: CCL Industries, Packaging
Oclaro Inc of San Jose, CA, USA (which provides lasers and optical components, modules and subsystems for optical communications) has appointed Pete Mangan, a 30-year technology finance veteran, as chief financial officer (effective 11 ...
Tags: Electrical, Electronics
American wine and spirits company Brown-Forman is set to restructure its Asia Pacific (APAC) area into two new regions, beginning 1 November 2013. Under the new plan, the company's existing APAC region will be divided into the Australia, ...
On September 25, Chinese steelmaker Chongqing Iron and Steel Co.(Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that its major asset restructuring plan has received conditional or preliminary approval from ...
Tags: Iron and Steel, Mineral
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications