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It wasn't the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.
NBC Universal via AOL· 11 hours agoWhen a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for...
Ratings Agencies Drop Outlooks on Focus, Edelman
WealthManagement.com· 11 hours agoMoody’s Ratings and S&P Global Ratings recently issued negative outlooks on RIA aggregator Focus Financial Partners and Edelman Financial ...
These 3 Mortgage REITs Have Been On Fire Over The Last Month
Benzinga via Yahoo Finance· 13 hours agoMortgage REITs (mREITs) were among the worst-performing REIT subsectors during 2022 and 2023 when...
OpenAI to start using news content from News Corp. as part of a multiyear deal
KLAS Las Vegas· 1 day agoJoining news organizations that have chosen to collaborate rather than fight with the best-known...
Basic Materials Roundup: Market Talk
The Wall Street Journal· 6 hours agoMoody’s Ratings says a downgrade is very likely after the company separates its electronics and water businesses, given that it is losing ...
Boeing's cash flow-woes hit company's bonds, raising fears of a debt downgrade
Morningstar· 1 day agoAt an investor conference in New York, Chief Financial Officer Brian West warned investors that Boeing's second-quarter cash burn could ...
Private equity bankruptcies in health care increased 112% in 2023
BenefitsPRO· 1 day agoPrivate equity-backed companies carry among the highest debt loads in the health-care industry,...
India’s Bond Index Entry Not Enough to Lift Rating, Moody’s Says
Bloomberg· 5 days agoIndia’s inclusion in a key global bond index will not be enough for Moody’s Ratings to upgrade the...
Private Equity’s Massive UK Debt Binge Sparks Warnings of Danger
Bloomberg via Yahoo News· 5 days agoBoth Wm Morrison Supermarkets Ltd. and Asda have been laboring lately under giant debt burdens put...
‘Rescue’ role of China’s distressed asset managers questioned amid property woes
South China Morning Post· 2 days agoThe growing scepticism comes at a critical time when China is seeking to defuse financial risks, and...