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Tag: Corporate Financial Difficulty

Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now

Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now

January 17, 2024January 17, 2024 · Breaking News

Distressed-debt giant Oaktree Capital sees big opportunities in credit unfolding over the next few years as a wall of debt comes due. Oaktree’s incoming co-chief executives Armen Panossian,…

Read more Oaktree Capital calls commercial real estate ‘most acute area of risk’ right now
SmileDirectClub winds down operations — but customers are told to keep paying

SmileDirectClub winds down operations — but customers are told to keep paying

December 8, 2023December 8, 2023 · Breaking News

SmileDirectClub Inc. said late Friday it was winding down operations, effective immediately, seeming to cast its millions of customers adrift — except when it comes to their bills.…

Read more SmileDirectClub winds down operations — but customers are told to keep paying
WeWork’s stock has continued the strange trend of the bankruptcy bounce

WeWork’s stock has continued the strange trend of the bankruptcy bounce

November 10, 2023November 11, 2023 · Breaking News

In a strange flashback to the demise of Bed Bath & Beyond Inc., WeWork Inc.’s stock soared on its over-the-counter debut this week, just days after the office sharing…

Read more WeWork’s stock has continued the strange trend of the bankruptcy bounce
Groupon’s stock craters after earnings as CEO says business ‘continues to be challenged’

Groupon’s stock craters after earnings as CEO says business ‘continues to be challenged’

November 9, 2023November 9, 2023 · Breaking News

Groupon Inc. shares were tumbling more than 20% in Thursday’s extended session after the discounting marketplace announced a new rights offering and acknowledged “challenged” business conditions. The company…

Read more Groupon’s stock craters after earnings as CEO says business ‘continues to be challenged’
Rite Aid is closing these 154 stores as part of its bankruptcy

Rite Aid is closing these 154 stores as part of its bankruptcy

October 18, 2023October 18, 2023 · Breaking News

Rite Aid plans to shutter 154 stores, many of them in Pennsylvania and California, as part of its bankruptcy plans, according to an initial list of those closures…

Read more Rite Aid is closing these 154 stores as part of its bankruptcy
Debt-ridden Rite Aid files for bankruptcy, will close more stores

Debt-ridden Rite Aid files for bankruptcy, will close more stores

October 15, 2023October 15, 2023 · Breaking News

Drugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits. In a statement Sunday night, Rite Aid…

Read more Debt-ridden Rite Aid files for bankruptcy, will close more stores
Debt-ridden Rite Aid files for bankruptcy, will close more stores

Debt-ridden Rite Aid files for bankruptcy, will close more stores

October 15, 2023October 16, 2023 · Breaking News

Drugstore chain Rite Aid Corp. filed for bankruptcy Sunday, as it faces billions of dollars of debt related to opioid lawsuits. In a statement Sunday night, Rite Aid…

Read more Debt-ridden Rite Aid files for bankruptcy, will close more stores
SmileDirectClub’s stock plummets 85% after Chapter 11 bankruptcy filing

SmileDirectClub’s stock plummets 85% after Chapter 11 bankruptcy filing

September 29, 2023September 29, 2023 · Breaking News

SmileDirectClub Inc. shares plummeted in the extended session Friday after the company said it had voluntarily filed for Chapter 11 bankruptcy protection as founders seek to recapitalize the…

Read more SmileDirectClub’s stock plummets 85% after Chapter 11 bankruptcy filing
Bed Bath & Beyond Shares Have Finally Been Extinguished

Bed Bath & Beyond Shares Have Finally Been Extinguished

September 29, 2023September 29, 2023 · Business

Bed Bath & Beyond Shares Have Finally Been Extinguished Source link

Read more Bed Bath & Beyond Shares Have Finally Been Extinguished
3M Nears Roughly .5 Billion Earplugs Settlement

3M Nears Roughly $5.5 Billion Earplugs Settlement

August 27, 2023August 27, 2023 · Business

3M Nears Roughly $5.5 Billion Earplugs Settlement Source link

Read more 3M Nears Roughly $5.5 Billion Earplugs Settlement
China Evergrande files for Chapter 15 bankruptcy: reports

China Evergrande files for Chapter 15 bankruptcy: reports

August 17, 2023August 17, 2023 · Breaking News

China Evergrande Group EGRNF, has sought Chapter 15 bankruptcy protection in New York courts, according to reports Thursday. China’s second-largest developer earlier this month reported narrowing losses for…

Read more China Evergrande files for Chapter 15 bankruptcy: reports
Yellow Files for Bankruptcy. The Stock Is Down After Quadrupling.

Yellow Files for Bankruptcy. The Stock Is Down After Quadrupling.

August 7, 2023August 7, 2023 · Business

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/yellow-stock-bankruptcy-9bd197f5 Aug. 7, 2023 4:54…

Read more Yellow Files for Bankruptcy. The Stock Is Down After Quadrupling.
Tupperware and Yellow have skyrocketed, but don’t confuse them with meme stocks

Tupperware and Yellow have skyrocketed, but don’t confuse them with meme stocks

August 2, 2023August 2, 2023 · Breaking News

All eyes have been on shares of Tupperware Brands Corp. and Yellow Corp. in recent days as the stocks have soared despite a dearth of fresh news in…

Read more Tupperware and Yellow have skyrocketed, but don’t confuse them with meme stocks
Debt-ridden trucking giant Yellow reportedly shuts down

Debt-ridden trucking giant Yellow reportedly shuts down

July 30, 2023July 30, 2023 · Breaking News

Yellow Corp., one of the largest trucking companies in the country, shut down Sunday as it prepares to file for bankruptcy, the Wall Street Journal reported. According to…

Read more Debt-ridden trucking giant Yellow reportedly shuts down
WSJ News Exclusive | Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

WSJ News Exclusive | Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

July 26, 2023July 26, 2023 · Business

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee Source link

Read more WSJ News Exclusive | Trucker Yellow Prepares to File for Bankruptcy as Customers Flee
Cineworld’s Proposed Restructuring Now Backed by Most Lenders — Update

Cineworld’s Proposed Restructuring Now Backed by Most Lenders — Update

May 25, 2023May 25, 2023 · Breaking News

By Joe Hoppe Cineworld Group said Thursday that its proposed restructuring has the backing of lenders controlling almost all of its legacy credit lines and most of the…

Read more Cineworld’s Proposed Restructuring Now Backed by Most Lenders — Update
Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success

Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success

May 11, 2023May 11, 2023 · Breaking News

It was always going to be difficult. Ramping up production of a new product, using relatively new technology, is a tall order in the best of times. Electric-vehicle…

Read more Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success
From meme stocks to empty shelves: The top 5 reasons Bed Bath & Beyond failed

From meme stocks to empty shelves: The top 5 reasons Bed Bath & Beyond failed

April 24, 2023April 24, 2023 · Breaking News

Bed Bath & Beyond went from homeware powerhouse to the retail doghouse over the course of the last decade.  But its final push into Chapter 11 bankruptcy protection…

Read more From meme stocks to empty shelves: The top 5 reasons Bed Bath & Beyond failed
Bed Bath & Beyond Files for Bankruptcy

Bed Bath & Beyond Files for Bankruptcy

April 23, 2023April 23, 2023 · Business

Bed Bath & Beyond Files for Bankruptcy Source link

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Bed Bath & Beyond: from home-goods behemoth to bankruptcy

Bed Bath & Beyond: from home-goods behemoth to bankruptcy

April 23, 2023April 23, 2023 · Breaking News

It’s the end of the road for Bed Bath & Beyond Inc., a company that was once a shining star of U.S. retail.  The troubled home-goods retailer BBBY…

Read more Bed Bath & Beyond: from home-goods behemoth to bankruptcy
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