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S&P Cuts Spirit Airlines’ Debt to CCC on Cash Crunch Concerns
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- S&P Global Ratings downgraded the debt of Spirit Airlines Inc. deeper into junk...
CalAmp Files Bankruptcy to Complete Debt Restructuring
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- CalAmp Corp., which develops software designed to track vehicles and improve company...
Rite Aid CEO’s $20 Million Pay Spurs Bankruptcy Lender Backlash
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief...
Only One Man Can Save Red Lobster From Bankruptcy
Jezebel· 13 hours agoIn May, Red Lobster announced it filed for Chapter 11 bankruptcy citing an accumulated $1 billion in debt and less than $30 million in cash< ...
Should you get a personal loan to pay off credit card debt?
Bankrate via Yahoo Finance· 10 hours agoThe bottom line Imagine never having to pay a credit card bill again, or actually having the money...
Yellow Corp. Could Launch REIT for Unsold Terminals
Sourcing Journal via Yahoo Finance· 11 hours agoA May 21 filing shows that Yellow had $327.7 million in cash at the end of April. Yellow already sold off 130 owned terminals for $1.88 billion and 23...
Why jewelry has been an issue in Shilo Sanders' bankruptcy case: `Don’t wear it'
USA Today· 3 days ago“He needs to be laying low because that (bling) is going to raise questions,” said Nicole Stanton, a...
Judge rejects call to immediately shut down Alex Jones' Infowars in bankruptcy dispute
WPXI· 2 days agoAfter a weekend in which conspiracy theorist Alex Jones warned that his media company faced an...
Alphabet (NASDAQ:GOOG.L) Has A Rock Solid Balance Sheet
Simply Wall St. via Yahoo Finance· 2 days agoOf course, the upside of debt is that it often represents cheap capital, especially when it replaces...
Flagship Red Lobster among 100 more locations that could close
Newsweek· 14 hours agoAccording to Red Lobster's bankruptcy filing, the high-profile Times Square flagship is on a lease...