APP aims to complete restructuring by end January
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Asia Pulp &amp; Paper, the largest corporate defaulter in emerging markets history, said on Monday it aimed to have a restructuring in place by the end of January for a majority of the
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Visa, the world&#39;s largest credit card  network, unveiled details of a planned restructuring on Friday  as it prepares by early next year to follow smaller rival  MasterCard Inc.  in becoming a public company.
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Sprint or Nextel Communications, the two US mobile phone network companies that agreed to a $35bn merger earlier this week, have set a December 31 2005 deadline to complete the deal.
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Trump Hotels and Casino Resorts Inc. (DJTC.OB: Quote, Profile, Research) , struggling to stave off a bankruptcy filing, has reached a preliminary agreement with investors to restructure
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Company hopes to lure QuickBooks users to its revamped small business app.
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Renders to be realised next spring, firm pledges
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Company has revised its financial forecasts for the current quarter.
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(InfoWorld) - Software vendor CA expects to continue restructuring its operations, which is likely to result in further reductions in its headcount, according to the company's CFO. "We do anticipate some additional restructuring in fiscal 2008," CA CFO Nancy Cooper said during a Wednesday conference call with analysts to discuss the company'sÂ financial results for the fourth quarter. During the quarter, which ended March 31, 2007, CA completed the cutting of 1,700 jobsÂ first outlined in August. On its Web site, CA puts its total workforce as of March 31, 2006, at around 16,000. Cooper wouldn't be drawn on specifics except to note that CA believes there are still more areas in its business where the vendor could make "additional efficiencies." The company is hoping to begin fiscal 2009 having realized some $200 million in annualized savings, she said, which would come from further restructuring. "We're really systematically trying to go through our business to see if we can run it more efficiently," Cooper said. For instance, CA has been working to move its European operations away from being run on an individual per-country basis in favor of a more regional organization. That kind of thinking could also be applied to other areas of CA's business so they run in a more global fashion, she added. CA plans to work in general terms on improving its international business, according to John Swainson, the company's president and CEO. In the fourth quarter of fiscal 2007, while total North American revenue rose 6 percent, revenue from CA's international operations fell by around 2 percent. The company has already made significant management changes in Europe, its largest business outside of the U.S., Swainson said on the conference call, and he expects those changes to bear fruit shortly in terms of improvements in revenue. Swainson reiterated his oft-repeated belief that transformation at CA is "a multiyear process," but he added that the company has made progress on several fronts over the past two years, notably in boosting the productivity of its salesforce to win more software and services business. "There's clear evidence that customers and partners are seeing CA as a different company and someone they want to partner with," he said. Swainson expects the vendor's business service optimization and enterprise systems management software operations to continue to perform strongly and for both its security and storage software businesses to rebound and begin to grow again.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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SAINSBURY&#39;S yesterday promised a major overhaul to end the stock availability problems that have stalled sales and left it on the retail sick list.
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Company to unveil plans for generating revenue from its third-party on-demand applications marketplace AppExchange.
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Rank is planning to sever its last link with its celluloid heritage with the sale or demerger of its Deluxe film-making arm. The group yesterday said it would investigate &quot;separating&quot; Deluxe
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Troubled engineering and construction group Jarvis says it faces a bleak future unless it completes a financial restructuring soon.
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It may be one of the software industry's largest acquisitions to date, but OracleÂ expects to work out its merger plans with PeopleSoftÂ by the end of the year and will "hit the ground running in January," according to Oracle President Charles Phillips.
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Company also will slash value of its assets by $11.4 billion. Moves are prompted by plan to retreat from traditional consumer telephone business.
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Cadbury Schweppes is to set out plans for a big overhaul of its business amid speculation of substantial job cuts.
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Eastman Kodak Co.  said on Thursday it expected to complete a three-year restructuring program by the end of 2007, including additional job cuts, that will help it sustain profitability.
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.