China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people familiar with the matter said, ...
In a major overhaul, the U.S. Department of Health and Human Services will lay off 10,000 workers and shut down entire agencies, including ones that oversee billions of dollars in funds for addiction ...
Tariffs to the left of me, uncertainty to the right. To paraphrase the 1970’s rock song, an owner of a distressed business must feel stuck in the middle in a world of shifting governmental policies ...
In this alert, we consider the Court of Appeal’s judgment setting aside Petrofac’s restructuring plan sanction order, which marks the second occasion on which the Court of Appeal has overturned a ...
I maintain my Strong Buy rating on biote Corp. due to its promising growth prospects, despite ongoing restructuring and short-term earnings pressure. The company’s vertical integration, digital ...
Merck aims to cut $3B in costs by end of 2027 Job reductions planned across admin, sales and R&D Company to shrink global real estate and manufacturing Savings to support biotech, R&D and Keytruda ...
Brazilian carrier Azul received court approval on 12 December for its Chapter 11 reorganisation plan, clearing the way for the airline to emerge from the bankruptcy process early next year. Approval ...
I rate Teladoc Health as a hold, driven by the UpLift acquisition and significant reduction in restructuring costs, but benefits are yet to materialize. Despite UpLift’s potential to expand membership ...
This year, many S&P 500 companies announced restructuring programs that involved large-scale employee separations, asset write-offs, facility closures and enterprise-wide cost reduction projects.
Best Buy’s summer so far has been better than expected, but its profit was dinged partly because of costs from a restructuring the retailer started in the second quarter. Best Buy recorded a $114 ...
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