Sentences with phrase «sale of the assets of»

Represented financial institution in litigation regarding alleged fraud in the sale of assets of failed bank.

Proceedings before the Delaware Chancery Court involving competing proposals for the tax - free division or sale of assets of the corporation for the owners of 50 % of a large privately held convenience store and retail gasoline business.

iMoney Corp. in an arbitration against Quebecor Media Inc. regarding a dispute arising from the purchase and sale of the assets of a Web - based financial information and services business.

Not exact matches

The company attributed the performance to its international business, where it saw higher expenses, lower profit margins and weaker gains from sales of assets.

Yahoo announced last week it would not hold an earnings call as part of reporting financial results, citing the pending sale of the company's core assets to Verizon as its reason for scrapping the call.

In addition, Air Canada has an Altman Z - Score, a common measure of a company's financial health, that assess variables like working capital, sales and earnings as a proportion of total assets, of 0.62, which suggests the possibility of bankruptcy.

The movie studio filed for bankruptcy in the wake of sexual harassment claims against co-founder Harvey Weinstein, and its assets went up for sale.

Barrick plans to eliminate $ 3 billion in debt by the end of the year through asset sales and partnerships, and by using its free cash flow.

Company goals for the first half of the year related to sales growth, inventory accuracy, return on assets (ROA), and customer satisfaction.

Much rests on that model: trillions in auto sales, a massive global workforce, vast assets in the form of factories, an enormous network of marketers and dealerships, billions in yearly advertising, a legacy automotive media, and above all, the financing that makes buying and leasing individual cars and trucks possible.

With the sale of Seamark to management and Marquest Asset Management's purchase of the mutual fund business over the summer, Matrix consolidated those loans into a single $ 5 - million note from an unnamed Canadian lender.

After receiving a $ 10 - billion bailout from the Dutch government in 2008, ING embarked on a fire sale of foreign divisions and «noncore» assets that continues today.

But instead of rebounding, assets under management shrank over the following years, as sales lagged, investments soured and investors pulled their money — to a total of $ 210 million as of Sept. 30, 2014.

Arrington told Fortune that the fund would invest primarily in digital assets, including exotic ones, and in so - called «initial coin offerings,» which involve the sale of digital tokens that can in some cases provide access to an online service such as file sharing.

«We note that the combined estimated EBITDA multiple of the two transactions is ~ 9.5 x, slightly below management's 11x EBITDA asset sale guidance.

Tsunakawa added that asset sales or a potential listing of its cash - cow flash memory chips division were options that could be considered.

Generally speaking, you'd pay the ordinary tax rate on the sale or exchange of Bitcoin held as a tangible asset — say you were paid in it.

The sale price was not disclosed, but according to the audio of an internal O'Leary Funds conference call obtained by Maclean's, Canoe agreed to pay $ 13.7 million with the possibility of up to $ 8 million in equity — provided the funds» assets could grow by another $ 200 million over the following year.

The company said Friday it earned net income of $ 15 million or six cents per share in the last three months of 2017, compared with $ 840 million or $ 3.43 per share in the year - earlier period, with the latter figures boosted by asset sales.

Instead of making and selling goods, these companies buy other firms or infrastructure assets and either hold them long term or turn them around for an eventual sale.

Net capital expenditures (including proceeds from the sale of assets) were $ 621 million in 2018, up from $ 340 million in 2017.

Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore - based energy company Risco Energy Investments for $ 113.4 million will help fund exploration activities for two years and return capital to shareholders.

He has grown a considerably more massive one through asset diversification and timely sell - offs, such as the 1997 sale of National Trust to the Bank of Nova Scotia for $ 1.2 billion.

Perth - based Altona Mining announced the completion of its $ US95 million Finnish assets sale to Swedish miner Boliden Mineral AB and has received $ US89.2 million in cash as the first tranche of payment.

Northern Star Resources says it is generating over $ 200 million in free cash flow per year on the back of an expansion of its asset base, lower costs and increased gold sales.

Perth - based oil and gas company Antares Energy has received a fresh $ US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.

Yahoo announced Monday that following the sale of its core business to Verizon Communications, the leftover assets would placed under a holding company termed «Altaba» — a name that sounded more like infantile babble than the remnants of a once - promising internet giant.

The causes of the crisis that nearly killed Bilinkis's company were many: a patronage system, started by Juan and Eva Perón in the 1950s, that grew into a bloated government bureaucracy; a corrupt privatization of government services that sold off some of the country's most valuable assets at fire - sale prices; and a reactionary monetary policy that exacerbated both of these problems.

Some have raised doubts about the likelihood of the asset sales coming to fruition.

Arnaud Lagardere, who has a stake of some 7 percent in Lagardere's share capital, also told the company's annual shareholding meeting on Thursday that Lagardere would re-invest proceeds from recent asset sales back into its core business.

Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.

Molopo Energy's new board, led by Perth - based chair Samantha Tough, has announced the sale of its major asset and commenced a cost - cutting review, following a board shake - up last week.

In a court document filed Wednesday, Tokyo attorney and bankruptcy trustee Nobuaki Kobayashi announced that he had sold roughly $ 400 million in bitcoin and bitcoin cash and plans to consult with the court on «further sale» of those assets.

Casino.com was part of a massive $ 5.5 million deal in 2003, but its sale included a number of other assets.

Policy decisions by Saudi authorities, including which of Aramco's huge selection of assets will be included in the share sale, will have a big effect on the overall price and valuation.

The state government's asset sales program has taken a step forward today, with Gresham Partners appointed as lead adviser for the partial sale of Keystart's loan book.

The state government's asset sales campaign has hit a major snag today, with state Nationals leader Terry Redman announcing the party would not support the sale of Fremantle Ports, which had been forecast to raise $ 2 billion.

Jia said he had asked his wife, Gan Wei, and brother to represent him at Leshi Internet Information & Technology Corp in exercising shareholder rights and handling the sale of assets.

«You know, the divestment of assets, the stripping of all kinds of positions, the sale of stocks.

Stephenson said during the press conference that a sale of CNN was a «nonstarter,» adding that the company was confident it would not have to sell any assets.

«To us, [the iNova bids are] another disappointment in what was promised to be $ 8 billion worth of asset sales that so far has only been approximately $ 2 billion,» writes Wells Fargo's David Maris in a note.

Comcast and 21st Century Fox are in talks about a sale of Fox's worldwide entertainment and distribution assets to Comcast for Comcast stock, according to people familiar with the situation.

It has several assets already on the sale block in the North Sea and elsewhere around the world and has already exited some of its higher - risk exploration areas, such as Peru.

«You can also integrate the technology with a point of sale system to catch financial losses at the register, such as an employee making bad choices or a cashier working in cahoots with another thief,» says Garth Gasse, director of assets protection for the Retail Industry Leaders Association.

SaaStr is packed with over 40 hours of content, ranging from how to double sales in 30 days to how to build differentiated assets in the world of AI.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

«The reporting persons intend to have conversations with members of the issuer's management to discuss strategic alternatives which may enhance shareholder value, including, among other things, asset sales or potential corporate restructuring.

Past looks at the value of GE's individual businesses — also known as a «sum - of - the - parts» analysis — cast doubt on whether a fire sale of GE's assets would even fetch today's price at $ 13.28 per share.

T - Mobile and Sprint are preparing a negotiating strategy to tackle demands from regulators regarding asset sales, including the divestment of some of their spectrum licenses after their deal is announced, the sources said.

Fox's international assets would represent as much as 70 percent of the financial contribution of the businesses for sale.