Workflow
Corporate turnaround
icon
Search documents
Thames Water lenders prepared to take £7bn hit to avoid nationalisation
Yahoo Finance· 2025-10-02 08:37
Thames Water bosses expect a turnaround of the troubled company to take at least a decade - Jason Alden/Bloomberg A group of Thames Water creditors is prepared to effectively write off £7.5bn of debt in a bid to avoid nationalisation. The consortium has proposed a turnaround plan that would cancel around a third of Thames Water’s near-£20bn debt pile and commit the group to investing in the company. Outstanding fines would be paid – but the investor group, dubbed London & Valley Water, would also seek l ...
Kim Kardashian's SKIMS Partnership With Nike Sportswear Receives 'Strong' Response, But Shoemaker Grapples With $1.5 Billion Hit From Trump's Tariffs - Nike (NYSE:NKE)
Benzinga· 2025-10-01 07:45
Nike Inc. (NYSE:NKE) is navigating a period of sharp contrasts, celebrating a new partnership with Kim Kardashian's SKIMS while simultaneously bracing for a massive financial blow from escalating U.S. tariffs.Check out NKE’s stock price here.Trump’s New Tariffs To Cost Nike $1.5 BillionDuring its first-quarter fiscal 2026 earnings call on Tuesday, the shoemaker and sportwear giant revealed that the estimated annual cost of the tariffs has ballooned to $1.5 billion, casting a shadow over early signs of progr ...
Starbucks to Cut Hundreds More Corporate Jobs, Close Stores
WSJ· 2025-09-25 11:08
The coffee chain is laying off about 900 employees in a turnaround bid that has involved streamlining corporate functions. ...
Most business turnarounds fail. Here’s why the best ones cut to strength
Yahoo Finance· 2025-09-22 10:30
As companies look to successfully achieve a corporate turnaround, success or failure depends on the speed of their actions and the depth of commitment from leadership. Without aligned governance and adequate funding, even well-intentioned change efforts can stall before delivering results. For a company, the descent into troubled territory may be a slow slide; product margins dip; sales cycles stretch, and team morale slides from urgency to resignation. Leaders can sense that performance is softening, but ...
Nightmare at Nestlé: The world's biggest food company faces a reckoning
BusinessLine· 2025-09-18 07:10
At a global meeting for Nestlé SA staff on Wednesday, new Chief Executive Officer Philipp Navratil kept it brief. He acknowledged challenges facing the world’s largest food company, praised its global presence and brands, and promised to return soon with a plan on how to revive a sluggish performance.The broadcast for the virtual event, dubbed “All Hands,”  finished almost half an hour early.Investors, frustrated with the strategic direction of the Swiss company, may welcome someone who forsakes long meeti ...
Intel's White House Reset: From Political Storm to a Clearer Sky
MarketBeat· 2025-08-12 21:03
Core Viewpoint - Intel's stock has experienced a rally due to the resolution of political uncertainties, allowing investors to refocus on the company's fundamentals and strategic alignment with U.S. policy [1][2]. Group 1: Political and Strategic Developments - Intel's CEO, Lip-Bu Tan, held a direct meeting with the White House, leading to a public de-escalation of tensions and renewed investor confidence [2][7]. - The company received nearly $8 billion in grants from the CHIPS and Science Act, crucial for building advanced manufacturing facilities [3]. - Maintaining a strong relationship with the U.S. government is essential for Intel's ambitious turnaround strategy, which is linked to its role as a domestic manufacturing partner [2][5]. Group 2: Leadership and Corporate Strategy - Leadership stability is critical during Intel's restructuring, which includes a 15% workforce reduction and a shift in manufacturing strategy [4]. - The recent scrutiny of CEO Lip-Bu Tan posed risks to the execution of Intel's long-term strategy, but the resolution of political tensions has alleviated these concerns [4][11]. Group 3: Competitive Positioning - Intel's relationship with the U.S. government provides a competitive advantage, especially in the AI hardware market, where it is not subject to revenue-sharing agreements that affect competitors like NVIDIA and AMD [9][10]. - This advantage allows Intel to achieve higher margins or offer more competitive pricing against rivals [10]. Group 4: Market Reaction and Future Outlook - The market's positive reaction to the resolution of political uncertainties is seen as a de-risking event, allowing the investment narrative to shift back to Intel's fundamental progress [11][12]. - Recent earnings reports indicate strong guidance for gross margin recovery and positive reception of new products, reinforcing the long-term investment thesis for Intel [13][14].
Lottery.com Inc. to Present at Noble Capital Markets’ Emerging Growth Virtual Equity Conference
Globenewswire· 2025-06-05 11:00
Group 1 - Lottery.com Inc. announced a presentation at the Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference on June 5, 2025, at 1:30 PM Eastern Time [1] - The presentation will focus on Lottery.com's corporate turnaround, the launch of two new growth divisions—Lottery.com Domestic and International, and Sports.com Media and Ventures, along with plans for accelerated growth following a $100 million financing facility [2] - A Q&A session will follow the presentation, allowing registered investors to engage with the CEO, Matthew McGahan, and schedule one-on-one meetings [3] Group 2 - Lottery.com operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [4] - Noble Capital Markets, established in 1984, is a full-service investment bank providing middle-market expertise and has published over 45,000 equity research reports [5] - Channelchek, launched in 2018, is an investor community focused on emerging growth companies, offering free research and webcasts [6]
Lottery.com Inc. Enters New Era as Turnaround Completes and Strategic Acquisitions Accelerate
Globenewswire· 2025-05-28 13:15
Core Insights - Lottery.com Inc. has received effective registration for its Form S-1, enabling access to a $100 million financing facility to support its growth strategy [1][2] - The company has undergone a significant turnaround, with new leadership restructuring the board and executive team, addressing compliance issues, and establishing innovative business models [2][3] - The CEO stated that the company is now operationally ready and strategically funded to pursue aggressive growth, focusing on revenue generation and asset acquisition [3] Financial Strategy - The financing facility will be used to accelerate revenue growth and acquire assets in gaming, content, media, and live events, with several negotiations already in late stages [4] - The company aims to enhance its balance sheet and income statement through cash-generative acquisitions, marking a disciplined growth phase [4] Five-Year Vision - Lottery.com plans to expand internationally, launch new sweepstakes products, deepen its affiliate program, and build a content and IP ecosystem under Sports.com Studios [4] - The funding from the financing facility and continued support from United Capital Investments Ltd. will underpin these initiatives [4] Market Performance - Following the announcement, Lottery.com's stock surged from $0.70 to a high of $2.64, with over 275 million shares traded [2]