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Restructuring

Aramark Stock Hits 52-Week High on Activist Deal for New CEO and Board Members

Aramark Stock Hits 52-Week High on Activist Deal for New CEO and Board Members

Activist Mantle Ridge succeeds in pushing company to name new CEO and a revamped board.

Where HP Stock May Bottom After Falling Through 52-Week Lows

Where HP Stock May Bottom After Falling Through 52-Week Lows

HP is down almost 10% after announcing a new restructuring plan. Here's where it may bottom.

HP Inc. to Lay Off 7,000 to 9,000 as Part of Restructuring Plan

HP Inc. to Lay Off 7,000 to 9,000 as Part of Restructuring Plan

Computer maker sees non-GAAP earnings per share of $2.22 to $2.32 for fiscal 2020, hikes dividend and stock buybacks.

Alcoa Rolls Out Restructuring Plan

Alcoa Rolls Out Restructuring Plan

Aluminum producer Alcoa announces a restructuring plan that will eliminate at least one of its units, cut its executive team, consolidate sales and reduce costs.

Hilton Grand Vacations Reportedly to Explore Sale

Hilton Grand Vacations Reportedly to Explore Sale

The move comes less than two weeks after news that Apollo Global Management was interested in buying the company.

These Drug Cos. Could Soon Feel Big Side Effects of Opioid Crisis

These Drug Cos. Could Soon Feel Big Side Effects of Opioid Crisis

No company is safe from the litigation risk tied to the drug epidemic, but Johnson & Johnson may be one of the few guaranteed to survive.

Papa John's Names Arby's President Lynch as New CEO

Papa John's Names Arby's President Lynch as New CEO

Papa John's names Rob Lynch, currently the president of Arby's Restaurant Group, as chief executive.

Pitney Bowes Rallies on Deal to Sell Software Business for $700 Million

Pitney Bowes Rallies on Deal to Sell Software Business for $700 Million

Shares of Pitney Bowes rally Monday after the company announces the sale of its software operation.

Campbell Soup Sells Australian Snacks Division to KKR for $2.2 Billion

Campbell Soup Sells Australian Snacks Division to KKR for $2.2 Billion

The transaction includes KKR taking over the Australian snacks unit Arnott's.

A Look at Mylan's New Post-Merger Management

A Look at Mylan's New Post-Merger Management

What new management means for Mylan shareholders moving forward.