Corus posts operating loss, cites restructuring

Article Abstract:

Corus PLC posted a 1.15 billion pounds (1.83 billion euros) operating loss for the 15-month period ending December 30, 2000. The company blamed the loss on charges related to restructuring.

Sales, profits & dividends, Finance

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Corus's convertible bond appeals to many investors

Article Abstract:

Corus Group PLC has issued a convertible bond that is attracting numerous investors. The bond is valued at 250 million euros, although Corus's share value has performed lower than expected.

Securities issued, listed, Securities, Convertible bonds

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Corus plans to cut 6,050 jobs in U.K. to trim its costs

Article Abstract:

Corus Group PLC announced that it is downsizing its labor force by 20% in Great Britain. This amounts to 6,000 layoffs which are designed to reduce costs.

Labor force information, Planning, Human resource management, Layoffs

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