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Tag Archives: restructuring

Best Buy 2Q profit drops 90 pct, misses estimates

NEW YORK — The news just keeps getting worse at Best Buy each day. To top off an already eventful several days for the nation’s largest consumer electronics retailer, Best Buy Co. withdrew its full-year earnings guidance Tuesday after reporting ...

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BlackBerry maker loses another senior executive

TORONTO — Struggling BlackBerry-maker Research In Motion Ltd. said Monday that it is losing another senior executive as its chief legal officer is retiring from the company after 12 years. RIM said that Karima Bawa had been in discussions about ...

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Donhauser to co-chair local chapter of International Women’s Insolvency and Restructing Confederation (access required)

Linda Donhauser, a principal and chairwoman of Miles & Stockbridge PC’s creditor’s rights and bankruptcy practice, will co-chair the newly-restructured Greater Maryland chapter of the International Women’s Insolvency & Restructuring Confederation. She will be joined by Joyce Kuhns, a partner ...

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Gannett 4Q earnings, revenue decline

MCLEAN, Va. — Gannett Co. reported a 33 percent drop in its fourth-quarter net income Monday. The media company, which publishes USA Today and owns a network of broadcast, digital and other publishing properties, said profits were weighed down by ...

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Colfax shares surge on 2Q results, outlook

FULTON — Pump and valve maker Colfax Corp. said Friday that its second-quarter profit increased five-fold on easy comparisons to last year’s second quarter, which was weighed down by restructuring charges and litigation expenses. The adjusted results beat Wall Street ...

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