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They accrued debt to buy back their own stock. It led them to bankruptcy
Fortune· 2 hours ago“They’re going to get crushed,” Valens Securities Managing Director Robert Spivey said of the weakest zombies. Zombies are commonly defined as companies that have failed to make enough money ...
McDonald's, Starbucks Struggle. Cava, Sweetgreen, Chipotle Are At All-Time Highs. What Gives?
Investor's Business Daily· 3 hours agoRestaurant stocks tell the tale. As the whole industry grapples with rising food and labor costs,...
Dan Loeb is Bullish on This Growth Stock
Insider Monkey via Yahoo Finance· 7 hours agoWe recently compiled a list of the 10 Best Growth Stocks to Buy According to Billionaire Dan Loeb and in this article we will discuss the activist...
Iconic businesses, hobbled by debt, may not survive any economic instability
KAGS TV· 9 hours agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business ...
These 3 Dividend Stocks Slashed Their Payouts by More Than 40% Within the Past Year
Motley Fool via Yahoo Finance· 7 days agoWell before that, in ...Properties Trust and its dividend. As with Walgreens, the healthcare stock...
Third Circuit Updates Its Standard for Granting Comity to Foreign Bankruptcy Proceedings | JD Supra
JD Supra· 3 days ago"Comity" is a principle of jurisprudence whereby, under appropriate circumstances, one country recognizes within its borders the legislative, executive, or judicial acts of ...
U.S., Germany double down on space exploration
UPI· 39 minutes agoU.S. and German officials this week met in Berlin to discuss ongoing and future collaborations in space exploration and Earth science.
1 New Reason to Consider Buying Tilray Brands Stock, and 1 New Reason to Sell
Motley Fool via Yahoo Finance· 6 days agoThere are roughly $410 million in outstanding claims by creditors against its meager remaining...
How Japan Companies are Benefiting From the Chips Battle
The Wall Street Journal· 19 hours agoIwasaki said Fujifilm entered the photoresist business in the 1980s because rival Kodak was doing...
Putin repeats that Russia will consider sending weapons to adversaries of the West
Dayton Daily News· 7 hours agoPresident Vladimir Putin said Friday that Russia will consider sending weapons to adversaries of...
