Rescue deal fell through at the last moment. China’s Fosun and other shareholders are toast. Creditors get to fight over the debris.
A gigantic spike in three years. The UK dominates.
“They’re Going to Screw Up the Market”: Jim Cramer, on the moment-of-truth effects of the WeWork IPO.
Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?
Californians have had it with PG&E, a convicted felon infamous for sacrificing safety, maintenance, reliability, and people to enhance “shareholder value.” But is San Francisco overpaying? Take a look.
Here’s why — and how that’s impacting truck makers.
The curse of pushing volume by selling tickets below cost became an even bigger curse with the peso massacre.
Cash running low. Brick & mortar meltdown for landlords of Dressbarn, Ann Taylor, Loft, Lou & Grey, Lane Bryant, Cacique, Catherines, and Justice. Shares annihilated.
Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the wind.
Exodus from funds with illiquid assets forces funds to block redemptions.