Baker Hughes restructuring business to drive profitability, names management team
Meanwhile, Baker Hughes recently announced plans to acquire a business unit from Sugar Land-based Team Inc. (NYSE: TISI) for $280 million in cash.
Read More
Building "Bridges" Across the Bayou City!
Meanwhile, Baker Hughes recently announced plans to acquire a business unit from Sugar Land-based Team Inc. (NYSE: TISI) for $280 million in cash.
Read MoreUnited Airlines is eliminating 13 of its 67 officer positions as restructures its business to address the sharp fall in travel demand due to the coronavirus pandemic.
Read MoreHoward Hughes Corp. has put a halt on construction and postponed plans to restructure the company, citing the economic fallout caused by the ongoing COVID-19 coronavirus pandemic.
Read MoreHouston-based Key Energy Services Inc. completed its restructuring on March 6 and named new board members.
The onshore well-servicing contractor first announced in January that had reached an agreement to restructure without filing for bankruptcy prot…
Read MoreThe company already had the support of a majority shareholder, but the vote means the company can officially move forward.
Read MoreCompanies trying to do an out-of-court restructuring often have trouble corralling a broad base of investors to approve the measures needed to restructure debt. But Key Energy already has an important shareholder’s approval wrapped up.
Read MoreBy May 2020, up to 30 faculty positions will be cut, but no programs will be eliminated as a result, officials said.
Read MoreIn an effort to save between $5 million and $6 million, the University of St. Thomas is reorganizing schools and departments, shuffling positions, reworking its core curriculum and not renewing the contracts of 30 members of faculty.
These changes ar…
Read MoreThe company has entered into a forbearance agreement with some of its creditors after skipping an interest payment.
Read More