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The company's weak financial performance won't cause any defaults on its debt obligations, he said, because it has restructured its balance sheet so the first maturities on its bonds do not come due until 2014.
In response it has restructured to trim costs and streamline its operations.
It has restructured itself as a charitable foundation and is raising money.
Pioneering concentrated PV company SolFocus yesterday said it has restructured itself for a sale in the next few months and laid off most of its employees.
Westinghouse says that it has restructured Unimation in the face of the weak market for robots, to keep the company competitive.
It has restructured the company and everything will now report up to "Alphabet Inc". a new corporate name.
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The National Baseball Hall of Fame's board of directors announced that it had restructured its process for voting on executives, umpires, managers and long-retired players who were not elected by the baseball writers in their first 15 years of eligibility.
The Smithsonian Institution announced on Thursday that it had restructured its senior management in an effort to deal with lagging attendance, controversies over some exhibits and problems at its National Zoological Park.
Commodore also announced yesterday that it had restructured the management of its domestic operations.
David Auburn, the author of the Tony and Pulitzer Prize-winning "Proof," has restructured it as a work for three performers.
Starting in late 2003 NATO has restructured how it commands and deploys its troops by creating several NATO Rapid Deployable Corps, including Eurocorps, I. German/Dutch Corps, Multinational Corps Northeast, and NATO Rapid Deployable Italian Corps among others, as well as naval High Readiness Forces (HRFs), which all report to Allied Command Operations.
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