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  • Sept 1- Puerto Rico Government Development Bank officials and bondholders for the agency are planning to enter confidential debt restructuring talks as soon as next week, and bondholders could inject money into the bank, according to a Bloomberg News report on Tuesday. Puerto Rico representatives plan to ask some of the creditors to sign the agreement in...

  • SAN JUAN/ NEW YORK Aug 28- Puerto Rico's imminent fiscal reform plan will aim to persuade bondholders to restructure debt by showing the government is willing to share the burden. But some of the plan's expected reforms- such as cuts to teacher pensions and University of Puerto Rico subsidies- may be too politically unfeasible to coax bondholders to the table,...

  • KIEV, Ukraine— Ukrainian prime minister says government has reached debt restructuring deal with creditors.

  • Angry Birds maker Rovio plans layoffs in restructuring Wednesday, 26 Aug 2015 | 7:52 AM ET

    HELSINKI— Popular mobile game maker Rovio Entertainment says it plans to restructure its business and lay off up to 260 people because the company took on "too many things" during the past few years. The layoffs will affect the whole organization, excluding teams working on the Angry Birds Movie in the United States and Canada, expected for release in May 2016.

  • Puerto Rico power company drops Petrobras in new deal Tuesday, 25 Aug 2015 | 4:13 PM ET

    SAN JUAN, Puerto Rico— Puerto Rico's heavily indebted power company said Tuesday that it signed a contract to replace Brazilian oil giant Petrobras as the island's main fuel supplier in a bid to save money as a restructuring deadline looms. The Electric Power Authority said the deal with Connecticut- based Freepoint Commodities will help save $25 million the...

  • SAN JUAN/ NEW YORK, Aug 24- Potential buyers of bonds being sold by Puerto Rico's water authority, PRASA, want stronger protections in the event the agency becomes insolvent, people close to the matter said, as the island's government tries to assure investors it does not need restructuring. PRASA's $750 million bond sale, initially slated to price last week, has...

  • NEW YORK, Aug 21- Puerto Rico on Friday asked the U.S. Supreme Court to overturn a ruling that blocks the restructuring of the commonwealth's public agencies. In a petition seeking the court's review, which was provided by one of the island's lawyers, Puerto Rico said a lower court erred in concluding that U.S. bankruptcy law blocks the restructuring of the...

  • NEW YORK, Aug 21- Puerto Rico on Friday asked the U.S. Supreme Court to overturn a ruling that blocks the restructuring of the commonwealth's public agencies. In a petition seeking the court's review, which was provided by one of the island's lawyers, Puerto Rico said the lower court erred in concluding that U.S. bankruptcy law blocks the restructuring of the...

  • Aug 19- A federal appeals court on Wednesday refused to undo a central component of Tribune Co's bankruptcy plan in a defeat for prominent hedge fund Aurelius Capital Management LP, which claimed it was short-changed by the reorganization. By a 3-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia said letting Aurelius, a specialist in distressed debt,...

  • Aug 14- KKR& Co's Samson Resources Corp said on Friday it finalized a restructuring plan with key creditors that it expects to implement under a Chapter 11 bankruptcy reorganization and which will give the creditors control of the company. Samson said its second-lien lenders, including Silver Point, Cerberus and Anschutz, will put in as much as $485 million in...

  • *Kiev wants deal this week. KIEV/ LONDON, Aug 14- Restructuring talks between Ukraine and a group of its largest creditors were to continue on Friday, a source close to the process said, after no deal emerged in two days of negotiations over $19 billion of Ukraine's debt. A $40 billion international bailout package depends on Kiev plugging a $15 billion funding gap...

  • *Kiev wants deal this week. KIEV/ LONDON, Aug 14- Restructuring talks between Ukraine and a group of its largest creditors will continue on Friday, a source close to the process said, after no deal emerged in two days of negotiations over $19 billion of the country's debt. A $40 billion international bailout package depends on Kiev plugging a $15 billion funding gap...

  • SAN FRANCISCO, Aug 12- Ukraine and a group of its largest creditors on Wednesday failed to reach a deal to restructure the country's $19 billion of debt but will resume negotiations on Thursday, a source close to the talks said. The two sides are meeting in San Francisco as part of talks that have dragged on for five months. Ukraine must pay a $60- million coupon on Aug....

  • KIEV/ LONDON Aug 12- Ukraine and a group of its largest creditors will meet on Wednesday for make-or-break talks that look highly unlikely to deliver an amicable deal to restructure $19 billion of debt. Without a last-minute compromise, that appears to be the likeliest outcome of the meeting in San Francisco, putting Ukraine on course for a "hard" default.

  • Google will flourish after restructuring: Analyst Tuesday, 11 Aug 2015 | 12:15 AM ET
    Google will flourish after restructuring: Analyst

    Trip Chowdhry, senior analyst & managing director from Global Equities Research, explains how the creation of a new holding company called Alphabet will benefit Google.

  • Tracking the impact of Google's restructuring Monday, 10 Aug 2015 | 10:32 PM ET
    Tracking the impact of Google's restructuring

    While Google's creation of a new company may help the stock, it will take time to determine if the move helps its core business, says James Dix, media analyst from Wedbush Securities.

  • Did Google do the right thing with radical restructuring?

    Scott Redler, chief strategic officer of T3live.com, discusses news that Google created a new company called Alphabet which will count the internet giant as a subsidiary.

  • Why investors like Google's new move Monday, 10 Aug 2015 | 6:05 PM ET
    Why investors are liking Google's new move

    Jim Awad, managing director of Plimsoll Mark Capital, says the change in Google's operating structure allows the company to be more transparent.

  • KIEV, Aug 7- Ukraine's debt restructuring negotiations may head into their final phase next week after Kiev said it would meet its biggest group of creditors on Wednesday, again warning that the talks would be the last chance for a deal. "Given the legal and timing constraints of reaching and implementing any settlement... failure to reach an agreement at the...

  • WASHINGTON, Aug 5- The United States on Wednesday raised pressure on Ukraine's creditors to strike a deal to restructure the government's debts, with a top U.S. official saying Ukraine's debt burden is "unsustainable".