When a company faces a mortally challenging event — a large customer is lost or the rise in the cost of capital is untenable — the underlying business may lack the cash flow to support its leverage, ...

Large-scale layoffs rarely lead to sustainable profit improvement unless they are paired with significant, forward-looking strategic changes.

‘Having gotten this financial restructuring completely behind us with extraordinary results where we now have a genuine financial strength so that we can focus completely on business strategy and ...

Major moves can have a major impact — but so can more agile, incremental changes. With customer bases evolving, competition always on the horizon and consumer attitudes constantly changing, ...

HOUSTON--(BUSINESS WIRE)--MACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 ...

HOUSTON--(BUSINESS WIRE)--Drew McManigle, Founder and CEO of MACCO, expressed his enthusiasm about the company's continued growth, stating, "I am delighted to welcome Christina, Bobby, and Alex to our ...

Bombardier executives are pointing to their company’s third-quarter financial performance as evidence that a turnaround plan started several years ago is working. That plan has seen Bombardier divest ...

(Reuters) -Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence ...

Cost cutting is a low-hanging fruit when it comes to profitability improvement, so I have a favorable view of Shiseido's JPY40 billion cost reduction goal. But it is likely to be tough for SSDOY to be ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Major moves can have a major impact — but so can more ...