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Under Armour to lay off 400 employees in latest update to restructuring plan

Under Armour Inc. said Thursday that it will reduce its global workforce by 3 percent by the end of March as the Baltimore sportswear maker continues to cut costs through a restructuring plan. About 400 of the company's some 14,000 employees will be.....»»

Category: topSource: bizjournalsSep 20th, 2018

Under Armour Updates 2018 Restructuring Plan And Full Year 2018 Outlook

Under Armour Updates 2018 Restructuring Plan And Full Year 2018 Outlook Updates Reflect Impact of Reduction in Global Workforce PR Newswire BALTIMORE, Sept. 20, 2018 BALTIMORE, Sept. 20, 2018 /PRNewswir.....»»

Category: earningsSource: benzingaSep 20th, 2018

Under Armour provides update to restructuring plan

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 20th, 2018

Under Armour to cut jobs in $10 million restructuring plan

Under Armour plans to cut about 3% of its workforce as the apparel company continues restructuring its global operations to become more e.....»»

Category: topSource: usatodaySep 20th, 2018

Troubled Greek jeweler Folli Follie seeks protection from creditors

Troubled Greek jewelry maker Folli Follie has asked for protection from creditors in order to finalize a restructuring plan, it said in a statement on Thursday......»»

Category: topSource: reutersNov 15th, 2018

Troubled Greek jeweler Folli Follie seeks bankruptcy protection

Troubled Greek jewelry maker Folli Follie has asked for protection from creditors in order to finalize a restructuring plan, it said in a statement on Thursday......»»

Category: topSource: reutersNov 15th, 2018

GE turns to Wall Street to reorganize as Blackstone eyes assets

GE is busy working with investment bankers on a potential restructuring plan......»»

Category: topSource: foxnewsNov 13th, 2018

GE scrambles to reorganize as Blackstone eyes assets

GE is busy working with investment bankers on a potential restructuring plan......»»

Category: topSource: foxnewsNov 12th, 2018

Financial News: World’s biggest cement maker deals Indonesian unit to government-controlled company

The sale of its controlling stake in PT Holcim Indonesia operation to Semen Indonesia is viewed as part of Swiss-based LafargeHolcim’s five-year restructuring plan......»»

Category: topSource: marketwatchNov 12th, 2018

Toshiba to Lay Off Thousands as Part of a 5-Year Restructuring Plan

The Japanese conglomerate announced it'll be shutting down its UK nuclear plant and selling its U.S. liquefied natural gas business. Toshiba plans to reduce its workforce by 5%, letting go of 7,000 staff, CN.....»»

Category: europeSource: fortuneNov 8th, 2018

Lowe"s to close 51 underperforming stores in US, Canada

Lowe's announced today it would be closing 51 stores in the U.S. and Canada. The closures are part of CEO Marvin Ellison's new restructuring plan......»»

Category: topSource: moneycentralNov 5th, 2018

Under Armour stock soars as turnaround takes hold

Under Armour Inc.’s yearlong restructuring received some much-needed validation Tuesday as the company reported earnings that surpassed estimates, sending the stock soaring......»»

Category: topSource: moneycentralOct 30th, 2018

Under Armour shares surge as turnaround efforts take hold

Under Armour Inc's shares surged 25 percent on Tuesday after the sportswear maker's upbeat quarterly earnings and full-year profit forecast underscored the success of its multi-year plan to lower costs and reduce bloated inventory......»»

Category: topSource: reutersOct 30th, 2018

AUO announces corporate restructuring plans

AU Optronics (AUO) has announced a corporate restructuring plan as it aims to continue to drive its established value transformation strategy and enhance growth momentum......»»

Category: topSource: digitimesOct 29th, 2018

Goldman Sachs Upgrades Ford To Buy, Restructuring Plan Yields Favorable Opportunities

With all eyes on the autonomy programs of General Motors Company (NYSE: GM) and Tesla Inc (NASDAQ: TSLA), Latest Rati.....»»

Category: blogSource: benzingaOct 29th, 2018

Houston upstream energy co. reaches restructuring agreement, will file Ch. 11

Houston-based Gastar Exploration Inc. (OTCQB: GSTC) will soon file for Chapter 11 bankruptcy protection to implement a new restructuring plan.  The upstream energy company announced in a late Oct. 26 press release that it reached a restructuring.....»»

Category: topSource: bizjournalsOct 27th, 2018

Puerto Rico Restructuring Plan Filed, Bonds Rally

Puerto Rico Restructuring Plan Filed, Bonds Rally.....»»

Category: topSource: seekingalphaOct 24th, 2018

Under Armour Stock Can Triple. Here"s How

It could be a good time to take a fresh look at Under Armour stock as a contrarian bet—before margins improve and Wall Street warms to the turnaround plan......»»

Category: topSource: barronsOct 20th, 2018

BRF Lays Out A Good Restructuring Plan, But No Quick Fixes

BRF Lays Out A Good Restructuring Plan, But No Quick Fixes.....»»

Category: topSource: seekingalphaOct 9th, 2018

Tencent Targets Business Customers in Restructuring Plan

Chinese internet giant Tencent Holdings Ltd. announced its first restructuring in six years Sunday, including creating a new division to focus on business services such as cloud computing......»»

Category: smallbizSource: wsjSep 30th, 2018