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- Federal-Mogul Corporation Announces Restructuring Plan as Part of its Global Profitable Growth Strategy
- SOUTHFIELD, Mich. -- As part of Federal-Mogul Corporation's (OTCBB:FDMLQ) global profitable growth strategy designed to satisfy customer and market expectations while improving corporate performance and expanding in key growth markets, the Company announced a three-year restructuring plan. The restructuring could affect about 25 facilities and reduce the Company's workforce by...
- Research articles 2006-01-06
- Siemens L&A Announces Restructuring Plan for Grand Rapids Operations; ``Shrink-to-Grow'' Strategy Includes Launch of Dematic Subsidiary, Workforce Reduction and Plant Closure
- GRAND RAPIDS, Mich. -- Siemens Logistics and Assembly Systems (L&A) announced today a restructuring plan for its Grand Rapids-based operations. The reorganization strategy includes the January 1 formation of a separate legal entity called "Dematic," and the closure of the company's Eastern Avenue manufacturing facility in Wyoming by mid-2006, which...
- Research articles 2005-12-09
- Transmeta Corporation Outlines Strategic Restructuring Plan; Growth Strategy to Focus on Licensing Intellectual Property
- SANTA CLARA, Calif. -- Company Begins Fiscal 2005 with $53 Million in Cash; Signs Third LongRun2 Licensing Agreement
- Research articles 2005-01-21
- Allegheny Energy, Inc. Applauds Maryland PSC Approval of Restructuring Plan; Growth Strategy to Advance in 2000 and Beyond
- Business Editors
- Research articles 1999-12-23
- CIT Amends Restructuring Plan With Bondholders
- CHICAGO (Reuters) - Commercial finance company CIT Group Inc CIT and a group representing its bondholders have agreed on changes to the company's proposed restructuring plan as it looks shore up its finances.The changes, announced by CIT late Friday, include a mechanism to accelerate the repayment of new notes; the...
- News items 2009-10-17
- CIT Amends Restructuring Plan
- CHICAGO (Reuters UK) - Commercial finance company CIT Group Inc CIT and a group representing its bondholders have agreed on changes to the company's proposed restructuring plan as it looks shore up its finances.The changes, announced by CIT late Friday, include a mechanism to accelerate the repayment of new notes;...
- News items 2009-10-17
Additional Resources
- Chiquita Outlines Business Restructuring to Improve Profitability and Accelerate Strategy.
- CINCINNATI, October 29 /PRNewswire/ -- -- Actions to Generate US$60-80 million in Annual Savings after US$25 Million Charge -- Chiquita Brands International, Inc. (NYSE: CQB) today outlined a restructuring plan and management changes designed to accelerate its previously announced strategy to...
- Research articles 2007-10-29
- Polaroid - layoffs as a part of restructuring plan - Brief Article
- Polaroid has begun a global restructuring plan to reduce overhead, realign resources and accelerate implementation of its digital strategy. Its workforce has been reduced by approximately 11%, or 950 employees. The program is expected to be complete in about 12 months, saving approximately $60 million on an annual basis.
- Research articles 2001-03-06
- JAL takes first step toward government-backed restructuring
- Japan Airlines yesterday said it is seeking guidance on a turnaround plan from Enterprise Turnaround Initiative Corp. of Japan, a move that represents a formal first step toward a likely government-backed restructuring. ETIC is a newly created quasi-government entity designed to help rescue struggling companies. JAL said in a statement...
- News items 2009-10-29
- Mashable's Weekly Guide to Social Media Conferences and Events
- It's a brand new week, which means it's time for Mashable's guide to upcoming social media and web events, parties, and conferences. For more upcoming event listings, check out Mashable's Events section . Is your event not on this list? Contact us at least one month...
- News items 2009-10-19
- Federal-Mogul Corporation Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from Patrick Archambault – Goldman Sachs. Patrick Archambault – Goldman Sachs Just wanted to get a little bit of a sense, can you kind of spell out what the cadence of the benefits related to the $160 million in restructuring actions...
- Earnings calls 2009-02-24
- Mashable's Weekly Internet and Social Media Events Guide
- It's a brand new week, which means it's time for Mashable's guide to upcoming social media and web events, parties, and conferences. For more upcoming event listings, check out Mashable's Events section. Is your event not on this list? Contact us and let's establish a media partnership. Mashable's Weekly Social...
- News items 2009-08-24
- Triple P Accelerates Implementation of Chosen Strategy Through Restructuring
- VIANEN, Netherlands -- Triple P N.V. (NASDAQ SCM:TPPP): --Intensified focus on high-margin innovative Services for ICT- Infrastructures, and --Reduction of 75 positions Triple P N.V. (NASDAQ SCM:TPPP), today announced a sharpening of its long-term strategy by adoption of a restructuring plan. Strategy Triple P's strategy...
- Research articles 2004-09-13
- Grand Union Restructuring Plan Confirmed by Court; Clears Way to Pursue Profitable Growth Strategy
- WAYNE, N.J.--BUSINESS WIRE--Aug. 5, 1998--The Grand Union Company announced today that the U.S. Bankruptcy Court in Newark, New Jersey, has confirmed its voluntary, prepackaged plan of reorganization. As a result, the Company anticipates that it will complete its restructuring and emerge from Chapter 11 on or about August 17.J. Wayne...
- Research articles 1998-08-05
- MAF Bancorp Announces Balance Sheet Restructuring
- MAF Bancorp, Inc. (NASDAQ: MAFB) announced today that it is undertaking a balance sheet restructuring as part of its asset/liability management strategy. Management believes the restructuring will benefit 2007 and future years' results through an increase in net interest income. The restructuring plan includes the following: --...
- Research articles 2006-12-27
- BitWise Announces Restructuring to Expand Its AuthentiDate Operations
- Business Editors SCHENECTADY, N.Y.--BUSINESS WIRE--Jan. 8, 2001 Changes Name to AuthentiDate Holding Corp. to Reflect New Focus BitWise Designs, Inc. (NASDAQ: BTWS) today announced that its Board of Directors has approved a restructuring plan that will focus the Company's strategy on AuthentiDate and the rapidly growing digital...
- Research articles 2001-01-08
- RSA overhauls its strategy; Plans to exit U.S., raise funds for reserves, cut more jobs.(News)(Royal & SunAlliance Insurance Group P.L.C.)
- Byline: NEIL HODGE and RODD ZOLKOS LONDON-U.K. insurer Royal & SunAlliance Insurance Group P.L.C. last week unveiled a sweeping restructuring plan that signals an end to its ambitions to be a true global player. Some market observers expect Byline: NEIL...
- Research articles 2003-09-08
- What Is Obama's Exit Strategy for the GM Bankruptcy?
- Another Government Bailout… On Monday, General Motors Corporation (GMGMQ.PK) officially filed for Chapter 11 bankruptcy. This should have come as no surprise to the financial community as bankruptcy rumblings began as far back as 2005. Furthermore, on March 30th, 2009, the announcement of a chapter 11 filing by...
- External links 2009-06-04
- Shell's Global Climate Strategy Starts on U.S. Soil
- Amidst all of the hullabaloo surrounding Royal Dutch Shell's corporate restructuring and senior management job cuts, the Hague-based oil and gas company has announced a newly created position right here in the good ol' U.S. of A. Shell has created a new position-- executive vice president of global...
- Blog posts 2009-06-02
- CBA chief has a plan, and a record profit.
- Byline: Richard Gluyas Feb 15, 2006 (The Australian - ABIX via COMTEX) -- The Commonwealth Bank of Australia CBA has posted a record profit for the first half of 2005-06. ...
- Research articles 2006-02-15
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