Bankruptcy

Caesars Soars as Traders Hail Eldorado Resorts Deal

The $17 billion acquisition of Caesars by Eldorado is welcomed by activist investor Carl Icahn, who had been pushing Caesars board for a deal.

Kevin Curran

Jun 24, 2019 8:47 AM EDT

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy may be a necessary evil for down-on-their luck Americans. Here's what you need to know.

Brian O'Connell

Jun 19, 2019 11:30 AM EDT

Five Below Stands to Benefit From Silver Screen Slate in 2019

FIVE could be a key retailer poised to seize on toy sales alongside more traditional retailers.

Kevin Curran

Jun 6, 2019 1:35 PM EDT

U.S. Officials Meet in Secret Over Junk-Loan Frenzy as Recession Alarms Flash

The Financial Stability Oversight Council, a panel of top U.S. regulators charged with preventing future financial crises, met Thursday to discuss the past decade's surge in corporate borrowing, much of it by companies with junk-grade credit rating. An economic downturn likely would bring a wave of credit-rating downgrades and debt defaults that could ripple across markets.

Bradley Keoun

Jun 1, 2019 11:21 AM EDT

Former Dividend Aristocrat HCP Is On the Mend

The REIT that specializes in healthcare properties hit a rough patch that meant cutting its dividend, but it appears to be righting the ship.

Nick McCullum

May 23, 2019 10:30 AM EDT

Macau Casino Operator Studio City Is in Play Due to Shareholder Bankruptcy

Are Studio City shares worth the gamble as U.S. distressed-debt hedge fund Silver Point and Oaktree enter bankruptcy over their holding?

Alex Frew McMillan

May 3, 2019 11:00 AM EDT

PG&E Stock Flares, Then Retreats, on Buffett Buyout Rumors

Shares of PG&E surge, then retreat on reports that Warren Buffett's Berkshire Hathaway was - and then wasn't - in talks to buy the bankrupt California utility.

M. Corey Goldman

Apr 24, 2019 12:36 PM EDT

Sears Gears Up to Open Smaller Stores to Win Back Customers

The one-time retail giant Sears plans to open smaller stores focused on home furnishings and appliances called Sears Home & Life.

M. Corey Goldman

Apr 4, 2019 11:35 AM EDT

PG&E Picks Tennessee's William Johnson as New CEO

Beleaguered California utility also to appoint 10 new members to board as it pushes through bankruptcy.

Adam Smith

Apr 3, 2019 9:00 PM EDT

What Is the FDIC and What Does It Mean to Me?

The FDIC offers some much-needed protection for deposit banking consumers.

Brian O'Connell

Mar 18, 2019 11:41 AM EDT

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