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They accrued debt to buy back their own stock. It led them to bankruptcy
Fortune· 6 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 ...
Dan Loeb is Bullish on This Growth Stock
Insider Monkey via Yahoo Finance· 11 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...
Court Approves Hornblower's Financial Restructuring Plan
MarineLink· 7 hours agoHornblower Group on Friday announced its financial restructuring plan has gained court approval,...
McDonald's, Starbucks Struggle. Cava, Sweetgreen, Chipotle Are At All-Time Highs. What Gives?
Investor's Business Daily· 7 hours agoRestaurant stocks tell the tale. As the whole industry grapples with rising food and labor costs,...
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...
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...
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 ...
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive
CNBC· 7 hours agoAn Associated Press analysis found their numbers have soared to nearly 7,000 publicly traded...
How Japan Companies are Benefiting From the Chips Battle
The Wall Street Journal· 23 hours agoIwasaki said Fujifilm entered the photoresist business in the 1980s because rival Kodak was doing...
National Burger Chain Closes Restaurants, Might Be Filing For Bankruptcy | iHeart
iHeartRadio· 5 days agoThe long list of restaurant chains closing locations due to financial reasons keeps growing. Now,...