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Beleaguered gun maker Remington seeks bankruptcy protection

Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection......»»

Category: topSource: moneycentralFeb 13th, 2018

Beleaguered gunmaker Remington seeks bankruptcy protection

Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection......»»

Category: topSource: moneycentralFeb 12th, 2018

Beleaguered Remington points to bankruptcy court

Remington, the gun maker beset by falling sales and lawsuits tied to the Sandy Hook Elementary School massacre, has reached a financing deal that would allow it to continue operating as it seeks Chapter 11 bankruptcy protection......»»

Category: topSource: moneycentralFeb 12th, 2018

Brookfield Business Partners to buy Westinghouse for $4.6 bn

Westinghouse has said it is aiming to exit bankruptcy as soon as March, which would allow Toshiba to book tax benefits in the current fiscal year.....»»

Category: topSource: business-standardJan 4th, 2018

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

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Category: topSource: reutersDec 6th, 2017

Exclusive: Westinghouse discussing group bid for Saudi nuclear tender - sources

RIYADH/PARIS (Reuters) - Toshiba-owned Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said......»»

Category: topSource: reutersNov 21st, 2017

Toshiba seeks $5.4 billion cash injection to avoid delisting

Toshiba Corp. plans to sell shares to raise 600 billion yen ($5.4 billion) and will explore a divestment of its Westinghouse-related assets in a bid to avoid being removed from the Tokyo Stock Exchange......»»

Category: topSource: moneycentralNov 19th, 2017

Toshiba Looks to Raise $5.3 Billion in Share Offering

Toshiba is planning to issue new shares if its deal to sell its chip unit doesn’t get on track to meet an end-of-March deadline, in the company’s latest attempt to recover from its Westinghouse unit’s bankruptcy......»»

Category: smallbizSource: wsjNov 10th, 2017

No Toshiba verdict on new Western Digital chip plan - sources

Toshiba's board has met to review a revised bid proposed by Western Digital but apparently no agreement was reached. As Ciara Lee reports, it's the latest twist in a crisis arising from the failure of the U.S. nuclear unit Westinghouse......»»

Category: videoSource: reutersSep 6th, 2017

Toshiba is struggling to unload its chip business, so it"s talking to Western Digital and Foxconn (WDC)

Thomson ReutersToshiba is in talks with Western Digital and Taiwan's Foxconn, as well as with an already preferred bidder, as it seeks to revive a stalled $18 billion sale of its chip business, banking sources said on Tuesday. The Japa.....»»

Category: topSource: businessinsiderJul 11th, 2017

Toshiba in talks with Western Digital, Foxconn over chip unit sale: sources

TOKYO (Reuters) - Toshiba Corp is in talks with Western Digital Corp and Taiwan's Foxconn, as well as with an already preferred bidder, as it seeks to revive a stalled $18 billion sale of its chip business, banking sources said on Tuesday......»»

Category: topSource: reutersJul 11th, 2017

Exclusive: OPEC"s new price hawk Saudi Arabia seeks oil as high as $100 - sources

DUBAI/LONDON (Reu.....»»

Category: topSource: reutersApr 18th, 2018

Exclusive: China seeks trade firewall with U.S. allies in rush of ambassador meetings - sources

BEIJING/BRUSSELS (Reuters) -.....»»

Category: topSource: reutersApr 17th, 2018

Mylan seeks deal for German Merck"s consumer products unit: sources

FRANKFURT/NEW YORK (Reuters) - Generic drug maker Mylan is in advanced discussions to acquire Merck KGaA's consumer health business after other bidders failed to meet the German company's price expectations, people familiar with the matter said......»»

Category: topSource: reutersApr 13th, 2018

Global NAND flash output to expand substantially in 2019

Samsung Electronics, Toshiba, Micron Technology and SK Hynix all plan to expand their NAND flash production capacities which will boost the overall output worldwide in 2019, according to industry sources......»»

Category: topSource: digitimesApr 12th, 2018

Exclusive: U.S. watchdog seeks record fine against Wells Fargo for abuses - sources

WASHINGTON (R.....»»

Category: topSource: reutersApr 9th, 2018

Nine West Seeks Bankruptcy Protection

Nine West Holdings Inc., best known for selling women’s shoes and accessories, filed for chapter 11 protection Friday with a deal to sell its brand to a licensing firm......»»

Category: smallbizSource: wsjApr 6th, 2018

Why FirstEnergy Seeks Bankruptcy for Merchant Power Business

Electric utility FirstEnergy on Sunday filed for bankruptcy protection on its merchant power business. The company is also seeking federal approval that would require the plants to remain open......»»

Category: blogSource: 247wallstApr 2nd, 2018

Deutsche Bank seeks new CEO - sources

Deutsche Bank has begun the search for a new chief executive, two people familiar with the matter said on Tuesday, as investors grow frustrated with the slow turnaround of the loss-making German lender. Kate King reports.....»»

Category: videoSource: reutersMar 27th, 2018

Deutsche Bank seeks new CEO as it runs out of quick fixes: sources

FRANKFURT (Reuters) - Deutsche Bank has begun searching for a new chief executive, two people familiar with the matter said on Tuesday, as investors grow frustrated with the slow turnaround of the loss-making German lender......»»

Category: topSource: reutersMar 27th, 2018