$1.6 Billion in Debt Buries Nine West
Another weekend, another major retail bankruptcy. This time it was privately held Nine West Holdings Inc., a women's shoe and apparel wholesaler, which filed for bankruptcy after racking up about $1......»»
Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%
On Monday, Goldman Sachs Group Inc. (NYSE:GS) reported revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. Sales increased 16% year over y.....»»
277,000 student-loan borrowers who have "paid what they can afford" for at least a decade are getting $7.4 billion in debt wiped out
Student-loan borrowers on the SAVE plan, .....»»
In One Chart: American cities and states have issued $72 billion of pension bonds. Here’s what that means
State and local governments often think that issuing debt to pay down their unfunded pension liabilities, but there are lots of reasons to be wary of the practice......»»
Nielsen announces $1 billion debt refinancing
Audience measurement company Nielsen Holdings plc said Monday it is planning to offer $500 million of eight-year bonds and $500 million of 10-year bonds in a private offering. Proceeds will be used along with cash on hand to pay down existing loans. Sha.....»»
USDA to start debt forgiveness and payouts to some 13,000 Black, Hispanic and other minority farmers in June
The USDA will start paying out $4 billion to farmers of color, prompting claims of reverse discrimination from White farmers and lawmakers......»»
USDA to start debt forgiveness and pay outs to some 13,000 Black, Hispanic and other minority farmers in June
USDA starts paying out $4 billion to farmers of color, prompting claims of reverse discrimination from White farmers and lawmakers.....»»
Lithia Motors raises $1.8 billion as stock, upsized debt offerings price; stock extends decline
Shares of Lithia Motors Inc. fell 0.8% in premarket trading Thursday, putting them on track for a fourth straight loss, after the auto retailer announced the pricing of its $1 billion stock offering and upsized debt offering. The company raised $1 b.....»»
Coinbase"s convertible debt offering prices, stock falls
Coinbase Global Inc. announced overnight Wednesday the pricing of its $1.25 billion convertible debt offering, which will pay interest of 0.50%. The senior notes, which will mature in June 2026, will be convertible at an i.....»»
Cryptos: Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price
Coinbase Global on Monday said it plans to sell $1.25 billion of convertible debt. Its stock closed below its $250 reference price for the first time since the crypto platform listed on the Nasdaq exchange in mid-April......»»
Revolve Group: A Debt-Free and Profitable Mid-Cap
This $3.64 billion online fashion retailer offers promise for the future, if you can live with its dual-share structureRelated Stocks: RVLV, YJ, OSTK, BOO, AMZN,.....»»
: Biden’s autumn headache: a debt limit hike without Manchin on board
To pay for their spending plans, the White House and congressional Democrats will need to boost the limit on U.S. federal debt. They could face a familiar roadblock: maverick West Virginia Democrat Sen. Joe Manchin......»»
Bond Report: U.S. Treasury yields rise before $62 billion debt auction
U.S. Treasury yields edge higher early Tuesday as investors eye a debt auction and a midweek Federal Reserve meeting......»»
Margin debt hit another record high in March to top $822 billion, according to FINRA data
FINRA margin debt rose 71% year-over-year to a record $822 billion in March as investors contin.....»»
Thermo Fisher to buy PPD, in a cash deal valued at $17.4 billion, plus debt
Shares of PPD Inc. rallied 7.3% in premarket trading Thursday, after Thermo Fisher Scienti.....»»
Thermo Fisher to buy PPD, in a cash deal valued at $17.4 billion including debt
Shares of PPD Inc. rallied 7.3% in premarket trading Thursday, after Thermo Fi.....»»
Microsoft, Nuance $19.7B deal to keep M&A hot
Microsoft Corp. has agreed to acquire healthcare artificial intelligence software provider Nuance Communications in a deal valued at $19.7 billion, including debt......»»
Market Extra: The next rising stars of the debt world? Probably corporate fallen angels
Investors are gearing up for "rising stars" in the U.S. corporate debt world, after last year saw a record of nearly $250 billion worth of "fallen angels," or investment-grade corporate bonds downgraded to speculative territory......»»
19 states have higher student-loan debt than annual budgets, report finds
Student Loan Justice found Georgia's state budget is slightly more than $48 billion, but Georgians' total student de.....»»
SC Johnson able to pursue acquisitions, even with $3 billion in debt, ratings service says
S.C. Johnson & Son Inc. possesses a strong brand portfolio, global reach and pricing power that bode well for continuing payments on $3 billion in long-term debt while seeking more acquisitions, according to a new report from Fitch Ratings. Fi.....»»
Why IMF Help for Poor Nations Will Benefit Rich Ones
The International Monetary Fund is preparing to give its member countries the biggest resource injection in its history, $650 billion, to boost global liquidity and help emerging and low-income nations deal with mounting debt and Covid-19. The .....»»