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James Dalporto 2016-03-23
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Finnvera, Nordea, Danske, CREDITS and Svenska Handelsbanken are opposed to talvivaara mining company Plc's restructuring program for the strengthening and demanded the company's liquidation, survives Winterfell release.

talvivaara mining company said it and redevelop the procedure prescribed for the administrator to provide in his own statement to the Espoo district court in the near future.

the liquidator left to the district court a request to the company's restructuring program acceptance in early march, but the above mentioned bank and Finnvera opposed to the show.

the winter risk, according to the company itself is "properly fulfilled its creditors in a separate voting procedure adopted by the draft restructuring programme entry into force required by the special terms and conditions".

the Company expects the Espoo district court decision in the matter of a few weeks.

talvivaara mining company reported that in January he was investing in new technology and development was new to the business of, inter alia, the manure processing in the field.

collect
0
Daniel Slye 2016-10-14
img

View photosMoreThe Hewlett-Packard HP logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015.

Reuters - HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle with a subdued market, sending its shares down 1.3 percent in extended trading.

HP, which houses the hardware business of former Hewlett-Packard Co, said in February it would accelerate its restructuring program and slash around 3,000 jobs by the end of fiscal 2016.

HP Chief Executive Dion Weisler said the market continued to be volatile, facing pressures and uncertainties.

"Our core markets are challenged and macro economic conditions are in flux right now," Weisler said.

HP expects adjusted profit for fiscal 2017 to be $1.55-$1.65 per share.

collect
0
Thomas Saysongkham 2017-01-04
img

talvivaara's former mine in the municipality of Sotkamo run today, terra fame.

Talvivaara reported yesterday that its creditors subscribed in the directed share issue to more than two billion of the company's new shares.

the State investment company solidium's ownership in winterfell has fallen below the threshold, the mining company announced today.

Solidium owned the previous flagging announcement according to 16.7 per cent of talvivaara's shares and voting rights.

Now the company's share is no longer 7.6% of the shares and votes.

the State investment company's stake in the dilution of due to talvivaara's creditors directed osaken of which is associated with the company's restructuring program.

collect
0
William Hill 2017-05-13

honorary counsellor Matti Sundberg, 74, other work Mauno koivisto of repeated one word that describes Friday, the late president and the people, the company as director of that state as a man.

Sundberg was three years Koivisto, acting Tervakoski Oy, a managing director 1976-1978.

the tar on the owner at the time was the Bank of Finland, and Koivisto was a bank president.

sundberg's mind is stayed koivisto caution of financially bad decisions.

tervakoski was going restructuring program, and Koivisto was calling Sundberg said many times and asked that "do we really have to make these tough decisions".

Sundberg, "Koivisto did not have a passion in business affairs", but he served the company as director of case basis and ponder carefully.

collect
0
James Taylor 2017-05-13

honorary counsellor Matti Sundberg, 74, other work Mauno koivisto of repeated one word that describes Friday, the late president and the people, the company as director of that state as a man.

Sundberg was three years Koivisto, acting Tervakoski Oy, a managing director 1976-1978.

the tar on the owner at the time was the Bank of Finland, and Koivisto was a bank president.

sundberg's mind is stayed koivisto caution of financially bad decisions.

tervakoski was going restructuring program, and Koivisto was calling Sundberg said many times and asked that "do we really have to make these tough decisions".

Sundberg, "Koivisto did not have a passion in business affairs", but he served the company as director of case basis and ponder carefully.

collect
0
Rosalie Lee 2017-09-19
img

We have previously reported that there have been a lot of concern among the former Volvo IT staff in Gothenburg, sweden, after the company was bought by indian HCL.

Today announces the indian company to the next step.

This step is presented as a part of HCL's global restructuring program, where we are now to ”modernise their English capacity in order to meet the constantly changing demand in the it market”.

another way to say the same thing is that you are aiming to remove about 100 services in Sweden.

Negotiations with the union was recently done and it has resulted in the restructuring programme are now being enforced here.

A package will be offered to the one who voluntarily leave the company.

collect
0
David Gilmore 2016-11-24
img

talvivaara mining company Plc's board of directors has made a decision on restructuring the program under a directed share issue.

the Company offers shares in the major a maximum of 4 000 000 000 new shares shareholders ' pre-emptive right.

the subscription right has all of winterfell in April 2015 by the draft restructuring programme under the unsecured debt holders.

the restructuring program in accordance with the proposal of the creditor may not convert their receivables partially.

a Share issue to reduce, if implemented, the company's debts, but it does not accumulate funds for the mining company.

the New shares, the subscription price is 0,1144 euros, which is paid by offsetting the debt to get new shares the subscription price.

collect
0
Robert Massaro 2016-01-03
img

the corporate restructuring drive in case of a listed company, talvivaara's share issue the production company a bunch of new owners, when the majority of creditors sign a debt owed by marking the new shares.

the liquidator Pekka Jaatinen looked at shares the success of giving winterfell to a "strong chance" yet to a new life, possibly new on industries.

on the other Hand, nothing prevents it, either, that the company could still try to get involved, when the state is looking for funding its owned by terra fame today to run the mining operations.

restructuring debt was winterfell with a total of more than 450 million euros.

That the sum of the nearly 236 million, therefore, was used in the Talvivaara share subscription of 11.4 cents per share price.

the Remaining restructuring debts cancelled almost completely, if the Espoo district court to confirm for the proposed restructuring program

collect
0
David Gilmore 2016-11-02
img

Still super committed, though, we're told

Hewlett Packard Enterprise and Mirantis have laid off roughly 200 OpenStack developers in recent weeks, calling into question the appeal of OpenStack, the open source project for cloud computing infrastructure.

"These activities are part of a previously announced restructuring program, which includes an overall effort to focus on supply chain productivity, disciplined discretionary spending and efforts to reshape the workforce," said Fintland.

"These actions will continue to enable a more competitive, sustainable cost structure for HPE, while enabling us to meet the evolving needs of our customers around the world."

Fintland also confirmed there has been "a small reduction in our workforce related to the previously announced global restructuring programs" in Israel.

The mid-October layoff, according to GeekWire, included at least 65 people from HPE's Stackato group, which is in the process of being sold to Micro Focus International's SUSE.

collect
0
Filiberto Lahey 2018-02-16
img

TreeHouse Foods plans to close its pretzel and cereal snack mix plant in Visalia, California, by the end of the first quarter of 2019, affecting 294 employees.

TreeHouse announced two weeks ago it would close a ready-to-eat cereal plant with 84 employees in Battle Creek, Michigan, and move production to its other cereal manufacturing facilities.

This followed an announcement last summer when the company said it would shut down plants in Brooklyn Park, Minnesota, and Plymouth, Indiana, as part of a multi-year restructuring program.

Sam Reed, chairman, CEO and president, called the operational results "disappointing" even though he noted earnings were in line with expectations.

Reed noted that 2018 will be "a transition year" for TreeHouse, which had a rough 2017 with the abrupt departure of former Chairman Robert Aiken in late October after joining the company in July.

"Although the retail grocery landscape continues to evolve, private label absolutely continues to be the right place to be within food and beverage," Reed said this week.

collect
0
Wayne Chapple 2018-09-10
img

The Chinese government is giving the Communist Party propaganda department the power to license online games as it seeks greater control of the country’s gaming market – but the revamp is resulting in huge losses for its game developers.

The centralising of game approval at a single bureau is confirmed for the first time in a document published last week on the website of China’s education ministry.

Regulatory approvals of new games have been suspended since March as Chinese government departments undergo a extensive restructuring program, leading to chaos in the country’s massive games industry.

A government source told the Post that it could be another six months before license approvals are back up and running at the previous tack, adding that the “publication bureau of the [Party] Central Propaganda Department is the body licensing games in China […] Its government face, the State Administration of Press and Publication, will deal with external parties.”

Chinese government bodies often have a dual structure, with one channel reporting to the state government and another directly to the ruling Communist Party.

collect
0
Owen Grundy 2016-10-04

STOCKHOLM— Ericsson ERIC 1.19 % AB said Tuesday that it plans to lay off nearly 20% of its home-country workforce, as the Swedish maker of telecom-network equipment races to cut costs amid intensifying competition from Chinese rivals and weak demand for its specialty wireless products.

The job cuts are a first step in a wider restructuring program in which Ericsson plans to significantly reduce its global staff of 115,000, according to its acting chief executive, Jan Frykhammar, who warned even tougher cost-cutting measures might be necessary.

If the speed of change in the industry accelerates further, we ll need more transformation.

Mr. Frykhammar was named acting CEO in late July when Ericsson ousted Hans Vestberg, saying he had failed to reverse a protracted trend of declining profit and revenue.

Ericsson is battling slowing demand for its cellphone towers and switches in a market where spending by mobile-service providers on latest-generation mobile networks, known as 4G, has largely dried up.

At the same time, competition has risen, with Huawei Technologies Co. of China aggressively expanding on Ericsson s traditional European turf and Nordic rival Nokia Corp. NOK 0.73 % building muscle by acquiring Alcatel Lucent SA ALU 0.00 % .

collect
0
James Dalporto 2016-03-23
img

Finnvera, Nordea, Danske, CREDITS and Svenska Handelsbanken are opposed to talvivaara mining company Plc's restructuring program for the strengthening and demanded the company's liquidation, survives Winterfell release.

talvivaara mining company said it and redevelop the procedure prescribed for the administrator to provide in his own statement to the Espoo district court in the near future.

the liquidator left to the district court a request to the company's restructuring program acceptance in early march, but the above mentioned bank and Finnvera opposed to the show.

the winter risk, according to the company itself is "properly fulfilled its creditors in a separate voting procedure adopted by the draft restructuring programme entry into force required by the special terms and conditions".

the Company expects the Espoo district court decision in the matter of a few weeks.

talvivaara mining company reported that in January he was investing in new technology and development was new to the business of, inter alia, the manure processing in the field.

Thomas Saysongkham 2017-01-04
img

talvivaara's former mine in the municipality of Sotkamo run today, terra fame.

Talvivaara reported yesterday that its creditors subscribed in the directed share issue to more than two billion of the company's new shares.

the State investment company solidium's ownership in winterfell has fallen below the threshold, the mining company announced today.

Solidium owned the previous flagging announcement according to 16.7 per cent of talvivaara's shares and voting rights.

Now the company's share is no longer 7.6% of the shares and votes.

the State investment company's stake in the dilution of due to talvivaara's creditors directed osaken of which is associated with the company's restructuring program.

James Taylor 2017-05-13

honorary counsellor Matti Sundberg, 74, other work Mauno koivisto of repeated one word that describes Friday, the late president and the people, the company as director of that state as a man.

Sundberg was three years Koivisto, acting Tervakoski Oy, a managing director 1976-1978.

the tar on the owner at the time was the Bank of Finland, and Koivisto was a bank president.

sundberg's mind is stayed koivisto caution of financially bad decisions.

tervakoski was going restructuring program, and Koivisto was calling Sundberg said many times and asked that "do we really have to make these tough decisions".

Sundberg, "Koivisto did not have a passion in business affairs", but he served the company as director of case basis and ponder carefully.

David Gilmore 2016-11-24
img

talvivaara mining company Plc's board of directors has made a decision on restructuring the program under a directed share issue.

the Company offers shares in the major a maximum of 4 000 000 000 new shares shareholders ' pre-emptive right.

the subscription right has all of winterfell in April 2015 by the draft restructuring programme under the unsecured debt holders.

the restructuring program in accordance with the proposal of the creditor may not convert their receivables partially.

a Share issue to reduce, if implemented, the company's debts, but it does not accumulate funds for the mining company.

the New shares, the subscription price is 0,1144 euros, which is paid by offsetting the debt to get new shares the subscription price.

David Gilmore 2016-11-02
img

Still super committed, though, we're told

Hewlett Packard Enterprise and Mirantis have laid off roughly 200 OpenStack developers in recent weeks, calling into question the appeal of OpenStack, the open source project for cloud computing infrastructure.

"These activities are part of a previously announced restructuring program, which includes an overall effort to focus on supply chain productivity, disciplined discretionary spending and efforts to reshape the workforce," said Fintland.

"These actions will continue to enable a more competitive, sustainable cost structure for HPE, while enabling us to meet the evolving needs of our customers around the world."

Fintland also confirmed there has been "a small reduction in our workforce related to the previously announced global restructuring programs" in Israel.

The mid-October layoff, according to GeekWire, included at least 65 people from HPE's Stackato group, which is in the process of being sold to Micro Focus International's SUSE.

Wayne Chapple 2018-09-10
img

The Chinese government is giving the Communist Party propaganda department the power to license online games as it seeks greater control of the country’s gaming market – but the revamp is resulting in huge losses for its game developers.

The centralising of game approval at a single bureau is confirmed for the first time in a document published last week on the website of China’s education ministry.

Regulatory approvals of new games have been suspended since March as Chinese government departments undergo a extensive restructuring program, leading to chaos in the country’s massive games industry.

A government source told the Post that it could be another six months before license approvals are back up and running at the previous tack, adding that the “publication bureau of the [Party] Central Propaganda Department is the body licensing games in China […] Its government face, the State Administration of Press and Publication, will deal with external parties.”

Chinese government bodies often have a dual structure, with one channel reporting to the state government and another directly to the ruling Communist Party.

Daniel Slye 2016-10-14
img

View photosMoreThe Hewlett-Packard HP logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015.

Reuters - HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle with a subdued market, sending its shares down 1.3 percent in extended trading.

HP, which houses the hardware business of former Hewlett-Packard Co, said in February it would accelerate its restructuring program and slash around 3,000 jobs by the end of fiscal 2016.

HP Chief Executive Dion Weisler said the market continued to be volatile, facing pressures and uncertainties.

"Our core markets are challenged and macro economic conditions are in flux right now," Weisler said.

HP expects adjusted profit for fiscal 2017 to be $1.55-$1.65 per share.

William Hill 2017-05-13

honorary counsellor Matti Sundberg, 74, other work Mauno koivisto of repeated one word that describes Friday, the late president and the people, the company as director of that state as a man.

Sundberg was three years Koivisto, acting Tervakoski Oy, a managing director 1976-1978.

the tar on the owner at the time was the Bank of Finland, and Koivisto was a bank president.

sundberg's mind is stayed koivisto caution of financially bad decisions.

tervakoski was going restructuring program, and Koivisto was calling Sundberg said many times and asked that "do we really have to make these tough decisions".

Sundberg, "Koivisto did not have a passion in business affairs", but he served the company as director of case basis and ponder carefully.

Rosalie Lee 2017-09-19
img

We have previously reported that there have been a lot of concern among the former Volvo IT staff in Gothenburg, sweden, after the company was bought by indian HCL.

Today announces the indian company to the next step.

This step is presented as a part of HCL's global restructuring program, where we are now to ”modernise their English capacity in order to meet the constantly changing demand in the it market”.

another way to say the same thing is that you are aiming to remove about 100 services in Sweden.

Negotiations with the union was recently done and it has resulted in the restructuring programme are now being enforced here.

A package will be offered to the one who voluntarily leave the company.

Robert Massaro 2016-01-03
img

the corporate restructuring drive in case of a listed company, talvivaara's share issue the production company a bunch of new owners, when the majority of creditors sign a debt owed by marking the new shares.

the liquidator Pekka Jaatinen looked at shares the success of giving winterfell to a "strong chance" yet to a new life, possibly new on industries.

on the other Hand, nothing prevents it, either, that the company could still try to get involved, when the state is looking for funding its owned by terra fame today to run the mining operations.

restructuring debt was winterfell with a total of more than 450 million euros.

That the sum of the nearly 236 million, therefore, was used in the Talvivaara share subscription of 11.4 cents per share price.

the Remaining restructuring debts cancelled almost completely, if the Espoo district court to confirm for the proposed restructuring program

Filiberto Lahey 2018-02-16
img

TreeHouse Foods plans to close its pretzel and cereal snack mix plant in Visalia, California, by the end of the first quarter of 2019, affecting 294 employees.

TreeHouse announced two weeks ago it would close a ready-to-eat cereal plant with 84 employees in Battle Creek, Michigan, and move production to its other cereal manufacturing facilities.

This followed an announcement last summer when the company said it would shut down plants in Brooklyn Park, Minnesota, and Plymouth, Indiana, as part of a multi-year restructuring program.

Sam Reed, chairman, CEO and president, called the operational results "disappointing" even though he noted earnings were in line with expectations.

Reed noted that 2018 will be "a transition year" for TreeHouse, which had a rough 2017 with the abrupt departure of former Chairman Robert Aiken in late October after joining the company in July.

"Although the retail grocery landscape continues to evolve, private label absolutely continues to be the right place to be within food and beverage," Reed said this week.

Owen Grundy 2016-10-04

STOCKHOLM— Ericsson ERIC 1.19 % AB said Tuesday that it plans to lay off nearly 20% of its home-country workforce, as the Swedish maker of telecom-network equipment races to cut costs amid intensifying competition from Chinese rivals and weak demand for its specialty wireless products.

The job cuts are a first step in a wider restructuring program in which Ericsson plans to significantly reduce its global staff of 115,000, according to its acting chief executive, Jan Frykhammar, who warned even tougher cost-cutting measures might be necessary.

If the speed of change in the industry accelerates further, we ll need more transformation.

Mr. Frykhammar was named acting CEO in late July when Ericsson ousted Hans Vestberg, saying he had failed to reverse a protracted trend of declining profit and revenue.

Ericsson is battling slowing demand for its cellphone towers and switches in a market where spending by mobile-service providers on latest-generation mobile networks, known as 4G, has largely dried up.

At the same time, competition has risen, with Huawei Technologies Co. of China aggressively expanding on Ericsson s traditional European turf and Nordic rival Nokia Corp. NOK 0.73 % building muscle by acquiring Alcatel Lucent SA ALU 0.00 % .