News of the store restructuring is sending PacSun shares higher Thursday.
Hanson, who lost 208, 000 Harnischfeger shares in the restructuring, has plenty of incentive to give it a kick.
Investors reacted to the news by selling Clearwire shares, apparently fearing that any financial restructuring could include replacing some debt with equity, and diluting current holders.
FORBES: Update: Clearwire Says It Hasn't Hired Restructuring Firm
The prospect that a restructuring could revive prospects for a bid drove up BSkyB shares by 1.24% Tuesday in London.
WSJ: News Corp. Decision on Splitting Up Expected by Thursday
Timah's remarkable turnaround may well hold clues for salvaging Indonesia's other SOEs, more than 100 of which are said to be in trouble The government is to sell off stakes in seven wholly owned state firms and divest further shares in five partly privatized companies under a restructuring plan agreed on with the International Monetary Fund.
Woolworths' shares ended almost flat after profit dropped 17% on restructuring costs and sale of its Dick Smith electronics stores, but came in broadly in line with market expectations.
Asian stock markets ended higher Thursday, with Tokyo, Shanghai and Hong Kong snapping three-day losing streaks as optimism grew about Greece's debt restructuring and strong U.S. economic data supported regional exporters and resource shares.
Verilink shares traded as low at 50 cents last April, after going through a painful restructuring during 2001 and 2002.
Ford shares have nearly doubled in the past year as its out-of-court restructuring took hold and new, well-received products have come to market.
Eastman Kodak shares plunged 54% to 78 cents on a report that the company had hired a law firm for restructuring advice.
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