RadioShack Rescue Deal Clears Bankruptcy Court

Related Link: 

RadioShack won court approval of a lender takeover that will send the retailing operation out of bankruptcy trimmed-down but still selling electronics.

Businesses Seek Out New African Frontiers

Related Link: 

Economic issues in South Africa and Nigeria have prompted companies to look for growth in smaller but promising African countries like Angola and Kenya.

Actavis CEO's 2014 Compensation Was $36.6 Million

Related Link: 

Actavis PLC said total compensation for Chief Executive Brent Saunders was valued at $36.6 million last year, including a base salary of $500,000 and $25.9 million of stock awards.

EU Seeks Information on Luxembourg's Tax Dealings With McDonald's

Related Link: 

European Union authorities are seeking information from Luxembourg over its tax dealings with McDonald’s, in the latest phase of a widening investigation.

Wendy's Backs Shareholder Move on Boards

Related Link: 

Wendy’s has agreed to support a proxy-access amendment allowing big shareholders to nominate candidates to the fast-food chain’s board, after similar moves by other major companies such as Citigroup in recent months.

Oil Companies Show Interest in Mexican Auction

Related Link: 

More than 40 oil companies have sought access to geological data under Mexico’s first oil auction in eight decades, showing interest is holding up despite low oil prices, according to the nation’s hydrocarbons regulator.

UTi Worldwide Loss Widens

Related Link: 

UTi Worldwide Inc. said its fiscal fourth-quarter loss widened sharply on one-time expenses related to recent restructuring efforts, as well as a decline in revenue.

Brazil's Grupo OAS Files for Bankruptcy Protection

Related Link: 

Brazilian conglomerate Grupo OAS said it filed for bankruptcy protection in a São Paulo state court for nine of its units amid a corruption investigation that has engulfed some of Brazil´s largest construction firms.

Laricina Gets Creditor Protection

Related Link: 

Oil-sands company Laricina Energy said it has obtained creditor protection in Canada after getting a demand for payment from its key lender and largest shareholder, which says it is owed about $137 million.

'Summer' Movies Show Up Early

Related Link: 

What makes a “summer” movie? As Hollywood churns out more big-budget “tentpoles,” a packed calendar from May-to-August means more such films are being released in March and April.

Syndicate content