VENTURE CAPITAL POST

Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.

The Corporate Advisory Group of Swiss lender UBS, said three unnamed sources, will be scaling back its team in charge of providing corporate advisory and investment banking services to the ultra-rich in emerging markets including Asia and the Middle East.

Consol Energy's 'all options' review help share values increase.

Vivendi Chairman Jean-Rene Fourtou told Le Monde, a newspaper, that he would be retiring after the company had split into two separate units.

Raiffeisen Bank International had been drubbed by bad debts in its Eastern European business as well as insolvencies and restructuring in its home country of Austria.

EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.

Eike Batista's OSX Brasil SA engaged the services of Bingham McCutchen LLP for its restructuring efforts.

Judge Denise Cote ruled that Ally's Residential Capital LLC (ResCap) can still be sued by the Federal Housing Finance Agency despite declaring bankruptcy.

BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.

The Bank of Cyprus is thinking of restructuring its operations into retail and asset management.

Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.

Steve Ballmer, CEO of Microsoft is doing a structural revamp for Microsoft

Rona Inc, in a bid to be more competitive, is further cutting back on overheads and salaries.

Mauritius Commercial Bank is aiming to raise 5 billion rupees.

The restructuring of the 3i Group Plc continues, with more job cuts in the offing.