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Why Trucking Company Yellow Verges on Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has
$2 Billion Default Followed Warnings to Everyone but Investors
Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now under investigation by the SEC
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
AMC Entertainment Shares Soar After Judge Blocks Equity Transactions
AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant
Oddity Shares Jump 40% in Stock Market Debut
Investors scooped up shares of the direct-to-consumer beauty and tech company. Source link
Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link
Oddity Prices Closely Watched IPO Above Expectations
Beauty company sells more shares than planned, signaling investors may be ready to write checks for new companies again. Source link
Johnson & Johnson Rips Off the Kenvue Band-Aid
A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard. Source link