Sentences with phrase «company ceased operations»

If a company ceased operations or was purchased by another company that re-staffed entirely, candidates often ask to have this included on a resume as a final bullet in a job description / noted in the title of the company and I generally approve of this.

Instead, he remarked, people took out loans and went into debt when the for - profit education company ceased operations.

The company ceased operations during the Great Depression and was dormant until coffee pioneer Jim Delano resurrected it in 1979 and moved the company to Hawaii.

The company ceases operations, but the value investor holds onto the shell to use as an investment vehicle.

In light of the foregoing, and in order to preserve and maximize the diminishing value of the Company's assets for the benefit of all stockholders, Tang Capital has nominated Kevin C. Tang and Andrew D. Levin, M.D., Ph.D. for election to the Board at the Annual Meeting and proposed a stockholder resolution to be voted on at the Annual Meeting whereby the stockholders will request that the Company cease operations immediately, liquidate the Company's assets and distribute all remaining capital to the Company's stockholders.

Not exact matches

In early September, Solyndra ceased operations, laying off 1,100 staff and dooming the U.S. government's hopes of recovering more than half a billion dollars in loan guarantees offered to the company as part of the 2009 stimulus plan.

Just three weeks ago, Uber and Lyft ceased operations in Austin, Texas, following a public referendum that imposed what the transportation network companies considered onerous regulations.

Then the company's HR chief quit abruptly — because, Donovan claims, she felt it was time to cease operations and let employees go at that point, while Donovan and her cofounders wanted to try to secure more funding over the weekend.

Donovan says the company wouldn't have needed much to avoid ceasing operations: «If we had just had another $ 500,000, we could have made another two weeks of payroll and found probably an external investor which wouldn't have been a great deal for us, but it would have kept the company,» she says.

The company had warned in a filing with the Securities and Exchange Commission this past May that it «may be forced to curtail or cease its activities» if its operations didn't generate enough cash flow.

«Regrettably Crumbs has been forced to cease operations and is immediately attending to the dislocation of its employees while it evaluates its limited remaining options,» the company said in an emailed statement.

Lyndon Rive, the CEO of SolarCity, one of the largest residential solar companies, said that the vote would «force SolarCity to cease sales and installation operations in Nevada.

A failed business may simply cease operations; with the owners and investors absorbing the losses (if any); a troubled business on the brink of going under may seek to merge with another company that has the resources to keep it afloat and out of bankruptcy; or a dying business may be bought up by another, stronger company, seeking to breathe new life into it or simply to acquire its assets.

Uber and Didi officially ceased fire as the American ride - sharing company sold its Chinese operations to the local company.

Uber launched its self - driving pilot in San Francisco on Dec. 14, after which the DMV ordered the company to cease its operations until the vehicles got the permits required to test autonomous technology on public roads.

Following the agency's letter to Uber's head of self - driving, Anthony Levandowski, San Francisco Mayor Ed Lee also asked the ride - hail company to cease operation of its pilot.

In the hours after launching its vehicles, the DMV wrote a letter asking the company to cease operations and to apply for a permit.

The Company is immediately ceasing all operations...

After all... How much risk is there if you could take a company private for way less than the amount of cash it has in the bank, cease operations and pay out the cash as a dividend?

A statement on the company website has confirmed it has ceased all operations effective immediately, and that it will appoint insolvency practitioners Crowe Clark Whitehill to act as the independent administrator.

The company announced it will cease operations immediately.

Under Financial Conduct Authority rules, peer - to - peer platforms must appoint a third party standby servicing company to administer the loan book in the event of the platform ceasing operation.

On April 16, the San Francisco city attorney sent cease - and - desist orders to all three companies, demanding they halt operations and take stronger steps to keep their riders off of sidewalks.

The Company may cease operations in a regional jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval (s) to operate in such jurisdiction.

The Company is immediately ceasing all operations and the boards have applied to appoint insolvency practitioners Crowe Clark Whitehill LLP to act as the independent administrator for Cambridge Analytica.

The initiative attracted some media attention but the company ran into problems, and despite an attempt to revive the project a few years later, it has since ceased operations.

The companies ultimately ceased operations in New York as state lawmakers work out a regulatory plan.

The Company is immediately ceasing all operations and the boards have applied to appoint insolvency practitioners Crowe Clark Whitehill LLP to act as the independent administrator for Cambridge Analytica.

Calls to Ocelto Capital Management and Ocelot Properties Management reached a recording, which stated the two companies «have ceased operations and will no longer operate any properties.»

The company ceased its Nutley operation in 2013.

The Penn team delved into whether ride - hailing sharing affected crash rates within individual cities by studying State Department of Transportation data from Las Vegas, Portland, Ore., Reno, Nev., and San Antonio — American cities in which Uber, the nation's largest ridesharing company, launched, ceased, then resumed operations.

That company, started by the late Dr. Tihiro Ohkawa, a fusion pioneer, raised private capital to advance a plasma - based centrifuge concept to clean up the legacy waste at Hanford, but ceased operation in 2006 after failing to receive federal funding.

Apparently, company response was not satisfactory and FDA may order to cease operation (I was not able to find documented proof of it).

While the operation of the previous entities has ceased, a new operating company has been established with new strategic partner AJC Collective, a Los Angeles - based firm that provides operational support — including management of sales, supply chain logistics and product development — in exchange for equity and a revenue share.

Fast Impressions, a traditional speed dating company, has ceased operations and this shows a massive shift in what people are looking.

The company tried rebounding in the 1950s, beginning with a new Type 251 race car, but it didn't meet its expectations and Bugatti ceased automobile production operations shortly after.

The company had received an FMCSA order to cease operations, which was subsequently rescinded after the carrier submitted to the New Entrant Safety Audit.

WASHINGTON - The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has ordered Lakeville, Minn. - based On Eagles Wings Charters, Inc., USDOT No. 1100785, to immediately cease all passenger transportation operations after finding that the company was endangering the traveling public by failing to ensure the safety of its vehicles and drivers.

WASHINGTON — The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has declared Tenn. - licensed truck driver, Ricky L. Hatfield, and his Tazewell, Tenn. - based company, Hatfield Trucking, USDOT No. 2385057, to be imminent hazards to public safety and has ordered both the driver and the company to immediately cease operations.

WASHINGTON — The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has ordered Belle Glade, Florida - based Billy R. Evans Harvesting, Inc., USDOT No. 1310998, to immediately cease all intrastate and interstate operations after a federal investigation found the company to pose an imminent hazard to public safety.

WASHINGTON — The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) has ordered Atlanta - based STSC Transportation Services, Inc., USDOT No. 2350604, to immediately cease all passenger transportation operations after finding that the company was endangering the traveling public by failing to ensure the safety of its vehicles and drivers.

However, if a chapter 7 bankruptcy is filed these companies must cease business operations and can not use chapter 13.

If existing lenders objected to being primed, it is possible that the company would then go bankrupt or cease operations, and any existing lenders or creditors could be unpaid.

Small businesses were more likely to succeed than cease operations between 2009 and 2010, a period that saw the net creation of 145 companies.

On October 30, 2009, the Company announced that it was ceasing all operations at Memphis Motorsports Park and that it would not promote any events in Memphis in 2010.

On July 30, 1999, the Company sold its drug discovery assets and ceased its internal drug discovery operations and research efforts for collaborative partners.

The latest changes from CySEC could force a number of companies to cease their operations as regulated brokers.

We've been following VNDA (see our post archive here) because it's trading below its net cash value and Tang Capital Partners (TCP) has called for the company to «cease operations immediately, liquidate [VNDA]'s assets and distribute all remaining capital to the Stockholders.»

In addition, the Company does not believe that it is currently in the best interests of Vanda or its stockholders for the Company to «cease ongoing operations» and liquidate the Company, as has been suggested by TCP.

Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) is trading below its net cash value and an investor, Tang Capital Partners (TCP), has called for the company to «cease operations immediately, liquidate [VNDA]'s assets and distribute all remaining capital to the Stockholders.»