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Indebted steelmaking giant POSCO drafts restructuring plan to bolster finances

2014-04-29 23:28:48| Steel - Topix.net

South Korean steelmaking giant POSCO, hit by rising debts and three years of profit declines, said on Tuesday that it is drafting a restructuring plan to bolster the group's financial standing.

Tags: plan giant finances restructuring

 

United Tech 1Q profit declines on restructuring

2014-04-22 17:08:26| Industrial Machines - Topix.net

The Hartford, Conn., manufacturer of elevators, helicopters and jet engines said net income was $1.21 billion, or $1.32 per share, for the three months ended March 31 on revenue of $14.75 billion.

Tags: united tech profit restructuring

 
 

La-Z-Boy Incorporated Gets Busy Restructuring

2014-04-18 03:54:51| Furniture - Topix.net

Shares of the iconic recliner-maker have gained 43% over the past 12 months, easily topping the performance of the S&P 500.

Tags: incorporated busy restructuring lazboy

 

FINLAND: Stockmann to cut 330 jobs as restructuring continues

2014-04-17 18:35:48| Daily apparel & textile news and comment - from just-style.com

Finnish fashion and department store retailer Stockmann Group is pressing on with restructuring measures, which it hopes will reverse falling profits, resulting in 330 job losses.

Tags: jobs cut continues finland

 

B&W Announces Restructuring of Small Modular Reactor Program

2014-04-15 07:35:24| Industrial Machines - Topix.net

The Babcock & Wilcox Company is announcing plans to restructure its mPower Small Modular Reactor program to focus on technology development.

Tags: small program announces modular

 

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