April 13- Silicone and quartz producer Momentive Performance Materials Inc, owned by Apollo Global Management LLC, on Sunday filed for Chapter 11 bankruptcy protection as part of a "restructuring support agreement" with some of its creditors.» Read More
TOKYO, Nov 4- The operator of Japan's wrecked Fukushima nuclear plant is working on a reorganization plan to fend off more drastic proposals, including possibly dragging the company through bankruptcy in return for a publicly funded clean-up and shutdown of the reactors.
LONDON, Nov 4- London- listed coal miner Bumi Plc, which plans to split from its Indonesian co-founders under a restructuring plan, said on Monday it was on track to hit its 2013 production target after a 10 percent rise in the third quarter.
Apparel retailer Jos. A. Bank said it will consider boosting its $2.3 billion offer for Men's Wearhouse if the larger rival agrees to open its books.
DETROIT, Oct 29- Detroit Emergency Manager Kevyn Orr said Tuesday he could force a legally binding settlement on the city's creditors if they were unwilling to accept a proposed restructuring plan in bankruptcy court.
DETROIT, Oct 29- Detroit Emergency Manager Kevyn Orr said Tuesday he was "probably not" willing to accept an agreement to restructure the city's debt without including cuts to pension benefits before the city filed for bankruptcy in July.
*Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- OGX Petróleo e Gas Participações SA, the cash-strapped Brazilian oil company controlled by former billionaire Eike Batista, said on Tuesday that debt restructuring talks with holders of $3.6 billion in bonds had ended with no agreement.
*Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- Indebted Brazilian oil producer OGX Petróleo e Gas Participações SA said on Tuesday that talks with holders of $3.6 billion in bonds have ended without agreement, following months of negotiations over a potential debt restructuring.
*Shungeng to put 2- 3 billion yuan into Wuxi Suntech initially-source. HONG KONG, Oct 25- China's Shunfeng Photovoltaic International Ltd has signed a preliminary deal to buy the main China unit of Suntech Power, two sources close to the matter said on Friday.
HONG KONG, Oct 25- Hong Kong- listed solar investor Shunfeng Photovoltaic International Ltd has signed a framework restructuring agreement with the debt administrator of New York- listed Suntech Power's main China unit, two sources familiar with the matter said on Friday.
Microsoft is an unwieldy business and should be broken up, CNBC's Jim Cramer said Friday, and it needs a savior to drive a corporate "miracle" to get the company back on track.
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
Microsoft's CEO Steve Ballmer is creating "cross-functional strike teams" to work across the individual engineering divisions to spearhead new ideas, explains CNBC's Jon Fortt.
CEO Steve Ballmer announced a "far-reaching realignment of the company," reports CNBC's Jon Fortt.
CNBC's Jon Fortt has the latest details on Microsoft's restructuring plans. And Jeffrey Sonnenfeld, Yale School of Management, and Dennis Berman, WSJ Marketplace, weigh in on what the changes mean for the stock and CEO Steve Ballmer.
John Sculley, former Apple CEO, discusses the widely expected launch of Microsoft's restructuring plan and its impact on the company's future.
CNBC's Jon Fortt and Harry McCracken, Time m expect when the tech giant announces major restructuring plan for the company today, including a possible reshuffling of senior executives.
CNBC's David Faber reports Hess plans to sell its retail, refining, and processing businesses.
A key Indonesian investor has sold his 10 percent holding in Bumi only days before a key vote on the miner's future, threatening Nat Rothschild's hopes of victory in the battle to win control of the company.
Andrew Witty, CEO of GlaxoSmithKline, discusses his company's 2012 earnings and explains why he is optimistic about the company's restructuring plans in Europe.
Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday.