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PG&E Analyst Upgrades Stocks As Utility Positions To Emerge From Bankruptcy

PG&E Corporation (NYSE: PCG) shares traded higher by 7% on Monday after the company reported a major jump in first-quarter earnings on Friday and detailed a plan to replace 11 of its 14 board members once it emerg.....»»

Category: blogSource: benzingaMay 4th, 2020

J. Crew files for bankruptcy, the first major retailer pushed over the brink by the coronavirus pandemic

Mike Segar/Reuters J. Crew filed for Chapter 11 bankruptcy on Monday. The company said it had reached an agreement with its lenders to convert about.....»»

Category: topSource: businessinsiderMay 4th, 2020

J.Crew files for bankruptcy, the first major retailer pushed over the brink by the coronavirus

Mike Segar/Reuters J.Crew filed for Chapter 11 bankruptcy on Monday. The company said it has reached an agreement with its lenders to convert around.....»»

Category: topSource: businessinsiderMay 4th, 2020

Major landlords working on plan to help tenants pay rent

Major city landlords are working with real estate and affordable-housing groups on a plan to help tenants pay their rent, Jeffrey Levine, chairman of Douglaston Development, told Crain's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 2nd, 2020

City"s major landlords working on plan to help tenants pay rent

Major city landlords are working with real estate and affordable housing groups on a plan to help tenants pay their rent, chairman of Douglaston Development Jeff Levine told Crain's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 30th, 2020

McConnell pushes "bankruptcy route" as local governments struggle

SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 25th, 2020

Nobody’s buying clothes right now. So stores are filing for bankruptcy.

New York City won’t allow public events in June, including three of the city’s major annual celebrations: the National Puerto Rican Day Parade, the Celebrate Israel Parade and the Pride March on its... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 21st, 2020

Neiman Marcus could file for bankruptcy this week

Dallas-based Neiman Marcus is preparing to seek bankruptcy protection as soon as this week, Reuters reported Sunday, April 19. Neiman would become the first major U.S. department store operator to succumb to the economic fallout from the COVID-19 .....»»

Category: topSource: bizjournalsApr 20th, 2020

Neiman Marcus could file for bankruptcy this week

Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said......»»

Category: videoSource: reutersApr 19th, 2020

Neiman Marcus could file for bankruptcy as soon as this week, Reuters reports

Dallas-based Neiman Marcus is preparing to seek bankruptcy protection as soon as this week, Reuters reported on Sunday. Neiman would become the first major U.S. department store operator to succumb to the economic fallout from the COVID-19 pandemic .....»»

Category: topSource: bizjournalsApr 19th, 2020

Exclusive: Neiman Marcus to file for bankruptcy as soon as this week - sources

Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter said......»»

Category: topSource: reutersApr 19th, 2020

These 9 retailers and restaurant chains have filed for bankruptcy or liquidation in 2020

Smith Collection/Gado/Getty Images A number of retailers and restaurant companies have already filed for bankruptcy in 2020. Papyrus and Modell's are two major names that are.....»»

Category: topSource: businessinsiderApr 14th, 2020

As XFL files for bankruptcy, St. Louis group listed as largest unsecured creditor

The XFL, the upstart football league that included the St. Louis BattleHawks, has filed for Chapter 11 bankruptcy protection. The St. Louis Sports Commission is listed as the creditor with the largest unsecured claim of $1.6 million, according .....»»

Category: topSource: bizjournalsApr 14th, 2020

XFL files for bankruptcy, St. Louis group listed as largest unsecured creditor

The XFL, the upstart football league that included the St. Louis BattleHawks, has filed for chapter 11 bankruptcy. The St. Louis Sports Commission is listed as the creditor with the largest unsecured claim of $1.6 million, according to bankruptcy fili.....»»

Category: topSource: bizjournalsApr 13th, 2020

U.S. shale company Whiting becomes first major bankruptcy of oil-price crash

Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil prices that are expected to bite into record U.S. output......»»

Category: topSource: reutersApr 1st, 2020

Whiting files for Chapter 11 bankruptcy as oil prices hover at $20

U.S. shale producer Whiting Petroleum Corp said on Wednesday it filed for Chapter 11 bankruptcy, the first major casualty of a free fall in crude prices to $20 a barrel......»»

Category: topSource: reutersApr 1st, 2020

Cannabis company CannTrust enters creditor protection, stock halted

Marijuana producer CannTrust Holdings Inc. said Tuesday that it had obtained an initial order from a Canadian court to protect it under a law there that allows companies to avoid bankruptcy. The New York Stock Excha.....»»

Category: topSource: marketwatchMar 31st, 2020

Q&A with Johnson Controls CEO on impact of pandemic on manufacturer

Johnson Controls International plc chairman George Oliver believes southeastern Wisconsin's economy, along with national economic conditions, will be able to bounce back quickly after the coronavirus pandemic passes......»»

Category: topSource: bizjournalsMar 29th, 2020

Coronavirus crisis -- How CFTC is tackling major economic threat: Chairman Tarbert

The CFTC is coordinating closely with our exchanges to monitor individual market infrastructures to ensure trading continues and all financial obligations are met......»»

Category: topSource: foxnewsMar 18th, 2020

These 7 retailers have filed for bankruptcy or liquidation in 2020

Smith Collection/Gado/Getty Images Retailers are already filing for bankruptcy in 2020. Papyrus and Modell's are two major names that are slated to shut down all remainin.....»»

Category: topSource: businessinsiderMar 11th, 2020