SCA to restructure, take $749 million Q4 charge
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Paper and packaging firm SCA  said on Wednesday it was restructuring its business, cutting around 1,400 to 1,700 jobs and taking a fourth-quarter charge of 4.9 billion Swedish crowns ($749 million).
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CV Therapeutics announces a new plan to reduce costs.
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Delphi Corp.  laid out a road map for its reorganization on Monday that includes up to a $3.4 billion investment from a private equity group in the bankrupt auto parts maker, potential creditor recoveries and an executive succession plan.
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In an effort to cut costs, game developer EA said late Monday that it is reorganizing the company into four divisions. Each unit will focus on a specific group of games.
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Encysive restructures to reduce its cash burn.
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Facing continued top-line weakness, the company may have to cut costs.
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Delphi Corp.  laid out a road map for reorganization on Monday that includes an investment of up to $3.4 billion from a private equity group, potential creditor recoveries and an executive succession plan.
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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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The auto parts supplier reported a fourth-quarter loss of $43 million due to restructuring charges and write-downs.
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Just as the Enron scandal triggered an overhaul of corporate accounting practices, the nation&#39;s prescription drug crisis may prompt a sweeping revamp of
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Reorganisation may kill it SCO has filed its latest annual report with the Securities and Exchange Commission, and it makes grim reading.â¦
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Restructuring charges of $44 million contributed to Monsanto&#39;s reported fourth-quarter 2004 loss of $42 million, compared to a loss of $188 million in the same quarter last year.
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Colgate-Palmolive Co.  said on Tuesday it would cut about 12 percent of its 37,000-person work force as part of a four-year restructuring plan for which it anticipates after-tax charges of &#36;550 million to &#36;650 million.
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AT&amp;T, the US telecommunications group, yesterday said it will take a restructuring charge of about $1.1 billion in the third quarter mainly to cover the cost of about 7,000 job cuts and revalue downward its assets by $11.
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Does the apparel and body care company's reorganization highlight a new direction?
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American Express said on Friday it expects to record a fourth-quarter pre-tax charge of up to &#36;120 million and cut 2,000 jobs related to a restructuring of its business travel unit and the sale of some overseas operations.
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State Street Corp  said on Thursday it will take a $279 million fourth-quarter charge after making bad bets on subprime mortgages and other debt, and said it replaced its investment management chief.