Page 4 - தலைமை நிர்வாகி அதிகாரி ஸ்டீபன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Private equity shale specialist EnerVest fires 111 workers
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American Express Saw 40% Spending Increase on Travel, Entertainment in March
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TOP NEWS: Informa swings to annual loss due to event cancellations
Thu, 22nd Apr 2021 09:30
(Alliance News) - Informa PLC on Thursday said it swung to an annual loss due to event cancellations, but pointed to a recovery as global vaccination programmes continue.
The London-based publishing, business information, and exhibitions company swung to a 2020 pretax loss of GBP1.14 billion after posting a profit of GBP318.7 million in 2019.
Revenue slumped 43% to GBP1.66 billion from GBP2.89 billion, in line with market forecasts. In its own guidance given at the beginning of January, Informa said it expected 2020 revenue to be in the range of GBP1.65 billion to GBP1.68 billion. The disruption to its physical events portfolio due to the coronavirus pandemic led to the sharp decline in revenue, it said.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Indaba Issues Letter to the Board of Directors of Benefitfocus Regarding its Unwillingness to Agree to a Good Faith Settlement
April 15, 2021 GMT
SAN FRANCISCO (BUSINESS WIRE) Apr 15, 2021
Indaba Capital Management, L.P. (together with its affiliates, “Indaba” or “we”), which collectively with the other participants in its solicitation beneficially owns approximately 9.5% of the outstanding common shares of Benefitfocus, Inc. (NASDAQ: BNFT) (“Benefitfocus” or the “Company”), today issued the below open letter to the Company’s Board of Directors (the “Board”). As a reminder, Indaba recently nominated two highly-qualified and independent candidates – Ronald P. Mitchell and Nicholas K. Pianim – for election to the Company’s Board at the 2021 Annual Meeting of Shareholders (the “2021 Annual Meeting”).
Mall Owner Pyramid Tries to Hang On with Debt Storm Swirling
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