Sharp Nears Another Bailout

Related Link: 

The company aims to cut 5,000 jobs, trim troubled solar-panel and TV operations and sell its headquarters, while banks write off about $1.68 billion in loans in exchange for shares.

Noble Group Shareholders Challenge Management

Related Link: 

Noble Group shareholders questioned the company’s management on accounting at its annual general meeting, while there was sizable opposition to some of its pay policies.

PwC to Pay $65 Million to Settle Lawsuit Over MF Global

Related Link: 

PricewaterhouseCoopers agreed to pay $65 million to settle litigation over MF Global Holdings, which claimed PwC failed to properly audit the brokerage firm’s internal controls before it collapsed into bankruptcy in 2011.

Coke Acquires Chinese Drinks Business

Related Link: 

Coca-Cola has agreed to buy a Chinese drinks business that makes ‘multigrain beverages’ with flavors such as red bean, walnut and oats.

Mexico's Energy Overhaul Draws Geological-Data Firms

Related Link: 

The opening of Mexico’s energy sector to private and foreign companies is drawing dozens of geological-data firms that plan to search for undiscovered oil riches.

Netflix Gets Star Treatment Abroad

Related Link: 

Broadband companies around the world, unlike their U.S. counterparts, have rolled out the red carpet for Netflix.

América Móvil Clears Wireless-Towers Spinoff

Related Link: 

Mexican telecom company América Móvil approved the spinoff of its cellular towers into a separate company, part of a restructuring plan that will see billionaire Carlos Slim competing for the first time to rent infrastructure to rivals in the mobile market.

Alibaba Fined for Pricing Issues

Related Link: 

The Chinese government has fined Alibaba Group for pricing issues with products sold on its online marketplaces dating to Singles’ Day in 2013.

Costco Raises Dividend, Reauthorizes Repurchase Program

Related Link: 

Costco Wholesale that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever.

Patriot Coal Seeks Help From Restructuring Advisers

Related Link: 

Patriot Coal Corp., which emerged from Chapter 11 bankruptcy protection less than two years ago, is working with restructuring advisers to address its capital structure.

Syndicate content