Debt-laden Yell Group posted a £1.42bn full-year loss, mostly due to a writedown of the value of operations and said it had appointed advisors to help put a new capital structure in place.

Yellow Pages publisher Yell has posted a 1.4bn-pound loss for the 12 months to the end of March after writing down goodwill on its US, UK, Spanish, Chilean and Peruvian operations.

Yell might have £2.2bn of debt on its books but that didn’t stop the Yellow Pages directory publisher from spending “hundred of thousands of pounds” on a new name even its boss admits is meaningless.

(Reuters) - Phone directories company Yell Group acknowledged the depth of its financial distress on Tuesday as it struggles with a dying core business and over 2 billion pounds ($3.1 billion) worth of debt, much of which it must repay in two years time. The company, which publishes paper phone books around the world, said it would try to address its troubles with a restructuring, its second in ...

 TR-1: Notifications of Major Interests in Shares 1: Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:Yell Group PLC 2: Reason for notification (yes/no) ...

The Yellow Pages owner Yell surprised the City by announcing that it is renaming itself Hibu yesterday, even as it slumped to a pre-tax loss of £1.42bn and warned of a "higher risk" it could breach covenants on its bank debt.

May 22 (Reuters) - Debt-laden Yell Group posted a1.42 billion pound ($2.24 billion) full year loss mostly due toa writedown of the value of operations and said it had appointedadvisors to help put a new ...

and eager to show it can be a big moneymaker.

After a flood of TV advertising and a two-month preview period aimed more at working out glitches than showing off its full capabilities, Atlantic City's newest casino resort is fully unpacked — and eager ...

SAN FRANCISCO, CA-- - Yell, a leading provider of digital services, today announces a further important step in its creation of the local eMarketplace with the acquisition of Moonfruit Limited , the UK's ...