Afrezza Scripts Stay Above 500 While Company Uses Shares To Pay Some Debt
Afrezza Scripts Stay Above 500 While Company Uses Shares To Pay Some Debt.....»»
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.....»»
DraftKings stock drops after plans for $1 billion in convertible debt offering
Shares of DraftKings Inc. took a 3.6% hit in premarket trading Monday, after the digital sports gaming company announced plans to offer $1.....»»
Victoria"s Secret parent L Brands shares jump 4.4% premarket after company raises guidance, resumes dividend
L Brands Inc. shares jumped 4.4% in premarket trade Friday, after the parent of Victoria's Secret unveiled plans to pay down debt, reinstate its dividend and buy back shares, while raising guidance for the first quarter. The company sa.....»»
MicroStrategy to issue $600 million more debt to buy more bitcoin
Shares of MicroStrategy Inc. shot up 4.5% in premarket trading Tuesday, after the business software company and bitcoin acquirer said it was issuing more debt so it can buy more bitcoin. The company said it plans to privately offer $600 m.....»»
Teladoc"s stock falls after announcement of $800 million convertible debt offering
Shares of Teladoc Health Inc. slumped 5.6% in morning trading Thursday, after the telehealth services company announced plans for an offering of $800 .....»»
Logitech Rallies On Q4 Results Driven By Work-From-Home Shift
Logitech International (NASDAQ: LOGI) shares were trading higher Tuesday after the company reported positive fourth-quarter results after the close Monday that were "accelerated" by the stay-at-home shift during the coronavirus pandemic. .....»»
Zillow"s stock falls after plans to raise $1 billion in common stock, convertible debt offerings
The Class C shares of Zillow Group Inc. dropped 3.2%, while the Class A shares slumped 1.7%, after the online real estate services company announced.....»»
Peloton gets lockdown boost as home workouts drive exercise bike sales
Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as "stay at home" orders led to a surge in sales of the company's exercise bikes and fitness subscriptions, sending its shares up 5%......»»
Norwegian Air shares drop 60% after proposed debt-for-equity swap
The share price of Norwegian Air fell by 60% on Tuesday, the first day of trading following the company's proposal of a financial rescue package on April 8......»»
Slack to sell $600 million worth of debt, convertible to cash or common stock
Slack Technologies Inc. said it plans to sell $600 million worth of convertible senior notes, due 2025. The busineess communication company said the notes will be convertible to cash, shares of common stock, or a combination .....»»
Is Carnival’s Secondary Offering Too Optimistic?
Carnival stock sank lower on Thursday after the company announced the pricing of a secondary offering. The company has been frantically pursuing debt offerings to stay afloat......»»
Carnival Shares Plunge Further As Cruise Line Guides To 2020 Loss, Announces Common Stock Offering
Carnival Corp (NYSE: CCL) shares were trading lower Tuesday after the company announced debt and stock offerings and said it sees preliminary first-quarter EPS of 22 cents per share. read more.....»»
Renault shares fall after Moody"s cuts its debt to "junk" status
Renault's shares fell on Wednesday after Moody's cut its rating on the French carmaker's debt to "junk" status, citing weaker profitability as the company restructures and grapples with falling demand......»»
New York Times stock soars to 15-year high after earnings beat, dividend hike and debts paid off
Shares of New York Times Co. vaulted toward a 15-year high Thursday, after the media company reported a fourth-quarter profit that was well above expectations, hiked its dividend by 20% and paid off all its debt......»»
Chesapeake Energy’s stock soars as debt deals buy time for troubled company
Shares of Chesapeake Energy Corp. soar on heavy volume, after a series of debt financing moves that were announced help provide the struggling oil and natural gas company with additional financial flexibility......»»
Western Digital CEO Milligan to retire, to stay as adviser through 2020
Shares of Western Digital Corp. fell more than 7% in the extended session Wednesday after the company said Steve Milligan, chief executive officer and board member since 2013, will retire. Milligan will continue.....»»
Anixter"s stock soars after deal to be bought out by CD&R for $3.8 billion, including debt
Shares of Anixter International Inc. soared 14% in premarket trading Wednesday, after the network security and electrical solutions company said.....»»
Sophos Group shares soar 37% after $3.8 billion offer from US buyout group
The deal, which values Sophos at around $3.948 billion, including debt, comes four years after buyout group Apax Parners floated the company for around $1.26b billion......»»
Peabody Energy stock falls as it nixes debt buyback plan
Shares of St. Louis-based coal firm Peabody Energy fell more than 9% Friday, to $15.45 a share, after it said Thursday that it was abandoning cash tender offers to buy back debt. The company said "at this particular time, the debt markets do not .....»»
Etsy offering $650 million of convertible debt, will use part of proceeds for share buybacks
Etsy Inc. said Thursday it is issuing $650 million in convertible debt and will use part of the proceeds to buy back its shares. The arts and crafts online marketplace said it has priced the notes, which mature in 2026, at 0.125%. The company is expe.....»»