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"They say they're shutting operations down because they've gotten some bad publicity," said Jeremiah W. Nixon, Missouri's attorney general.
Recently, Bill and Tim and I have been talking about dissolving the company and shutting operations down.
In the fourth quarter, Corning had $1.07 billion in after-tax expenses related to cutting jobs, shutting operations and the declining value of assets, the company said.
Mr. Dodds said that the firm had never considered closing its branches or shutting operations and did not consider the steps it is taking to be drastic.
They will demand more and better information, and insist that management consider more options for creating shareholder value: selling businesses, shutting operations, and increasing shareholder dividends at the expense of investing in the business.
Similar(55)
Others have not been fortunate enough to find a buyer and have shut operations.
And in December, Manganese's sole competitor, Metrocab, shut operations as it looked for a buyer.
INDIANAPOLIS (AP) — ATA Airlines shut operations and stranded thousands of travelers Thursday when an unexpected loss of charter flights and soaring fuel costs forced the carrier into bankruptcy.
Shell has shut operations in Nigeria's oil-rich delta region because of kidnappings and attacks by groups seeking a larger share in the profit.
The floods forced hundreds of Japanese companies to shut operations, adversely affecting their earnings expectations.
China's official news agency says that on 26 October the site shut operations, leaving a fake postal address as a contact.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com