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Wall Street - 5

Search resuls for: "Jodi Xu Klein"


12 mentions found


☆ Rite Aid Prepares Bankruptcy That Would Halt Opioid Lawsuits
  + stars: | 2023-08-25 | by ( Alexander Gladstone | Andrew Scurria | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Wall Street Funds Discuss Potential Bankruptcy Plan for WeWork
  + stars: | 2023-08-24 | by ( Alexander Saeedy | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Yellow Stock Stages Improbable Rally With Trucker on Verge of Bankruptcy
  + stars: | 2023-08-01 | by ( Soma Biswas | Sarah Nassauer | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Vice Media to Be Acquired Out of Bankruptcy by Fortress, Soros Fund
  + stars: | 2023-06-22 | by ( Alexander Saeedy | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Instant Pot’s Slower Sales Tip Gadget Maker Into Bankruptcy
  + stars: | 2023-06-12 | by ( Alexander Gladstone | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
Organizations: Wall Street
☆ Vice Media Nears Deal for $400 Million Sale Out of Bankruptcy
  + stars: | 2023-05-05 | by ( Alexander Saeedy | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Vice Media is nearing a deal for senior lenders including Fortress Investment Group and Soros Fund Management to acquire the troubled media company out of bankruptcy at a valuation of around $400 million, according to people familiar with the matter. Nearly every Vice stockholder—including backers such as private-equity firm TPG Group, Sixth Street Partners and media mogul James Murdoch—would be wiped out under the proposed reorganization, the people familiar with the matter said. Outstanding debts held by TPG and Sixth Street would also be impaired as part of the plan, the people said. The Murdoch family is a major shareholder in Journal parent News Corp .
☆ Bed Bath & Beyond to Close 87 More Stores, Harmon Chain as Restructuring Options Narrow
  + stars: | 2023-01-28 | by ( Soma Biswas | Alexander Gladstone | Kate King | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The latest closings are in addition to a plan announced in August to shut 150 lower-performing Bed Bath & Beyond locations, a spokeswoman said. The company said Friday it is also closing five of its Buybuy Baby stores. The company had about 50 Harmon stores as of February 2022.
☆ Bed Bath & Beyond Struggles to Avoid Liquidation
  + stars: | 2023-01-27 | by ( Soma Biswas | Alexander Gladstone | Andrew Scurria | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc.’s path to restructure its business in bankruptcy is narrowing, as the home-goods retailer struggles to find financial support to keep its operations funded and avoid liquidation, people familiar with the matter said. The company, which is expected to file for bankruptcy soon, faces limited options to reorganize as a going concern, these people said: Its lenders have cut off credit, it hasn’t secured a buyer to acquire its business, it is struggling to raise financing to survive chapter 11 even in shrunken form and many vendors have stopped shipping goods to the retailer. Discussions are continuing and a financing deal could still materialize, these people said.
☆ Crypto Lender Genesis Is Preparing to File for Bankruptcy Within Days
  + stars: | 2023-01-19 | by ( Akiko Matsuda | Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Bed Bath & Beyond Prepares to File for Bankruptcy Within Weeks
  + stars: | 2023-01-06 | by ( Jodi Xu Klein | Soma Biswas | Suzanne Kapner | ) www.wsj.com   time to read: 1 min
Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the home-goods retailer came up short on sales during the critical holiday season, according to people with knowledge of the matter. The retailer is in the early stages of planning for a chapter 11 bankruptcy filing and the discussions could extend into February, these people said. Bed Bath & Beyond warned earlier Thursday that it might file for bankruptcy protection and that it has substantial doubt it can stay in business after enduring another quarter of deep losses and slumping sales.
☆ Pro Take: Musk Warns of a Potential Twitter Bankruptcy. He Would Be the Big Loser.
  + stars: | 2022-11-11 | by ( Jodi Xu Klein | ) www.wsj.com   time to read: 1 min
Resume SubscriptionWe are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.
☆ Junk-Rated Companies Search for the Right Time to Tap Investors
  + stars: | 2022-10-16 | by ( Nina Trentmann | ) www.wsj.com   time to read: +8 min
While there is limited pressure overall as many businesses refinanced in 2020 and 2021 when funding was cheaper and investor appetite stronger, high-yield companies with immediate financing needs have to find the right time to tap investors, corporate bankers say. Adding loans and revolving-credit facilities, speculative companies have maturities of around $1.47 trillion through 2027, ratings firm Moody’s Investors Service said last week. And the high-yield bond market isn’t closed, it has just become more expensive, bankers said. Movie theater chain AMC Entertainment Holdings Inc. on Friday said that its subsidiary Odeon Finco PLC priced a $400 million bond. Bankers said they have received few calls from triple C-rated companies in recent months looking for maturity extensions.
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