Streetbeat News

Bankruptcy

TUP

Tupperware Brands is planning to file for bankruptcy as its efforts to revive the company have struggled. This development indicates significant financial distress for the company.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:51 pm

CSLR

Complete Solaria shares rose after winning a bid in the SunPower Chapter 11 proceedings.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:12 pm

CSLR

SPWR

Complete Solaria has won a bid in the Chapter 11 proceedings of SunPower, which is undergoing bankruptcy. This development could impact the involved companies' stock prices and market positions.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:29 pm

AAPL

BIG

LCID

NVDA

Benzinga highlights bullish and bearish stock stories, including Nvidia's AI growth, Apple's pricing strategy, and Big Lots' bankruptcy. Nvidia is expected to grow due to AI, Apple plans a staggered pricing for iPhone 16, and Big Lots files for Chapter 11. Lucid faces challenges in electric pickups.

Portfolio Pulse from Michael Cohen

September 14, 2024 | 1:41 pm

CRSR

Corsair has acquired the business operations of Endor AG in an asset deal. Endor will be fully liquidated, and its stock market listing will be terminated. Shareholders should not expect any payments.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:34 pm

EGIO

Edgio shares are experiencing a rebound after the company filed for Chapter 11 bankruptcy. The company has entered into a stalking horse asset purchase agreement with Lynrock.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 5:47 pm

MPW

Medical Properties Trust (MPW) shares surged after announcing a global settlement with Steward Health Care, restoring control over 23 hospitals and transitioning 15 to new operators. The company expects $160 million in annual rent from new leases by Q4 2026.

Portfolio Pulse from Lekha Gupta

September 12, 2024 | 3:18 pm

EGIO

Edgio shares are experiencing a rebound after the company filed for Chapter 11 bankruptcy. They have entered into a stalking horse asset purchase agreement with Lynrock.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:55 pm

BFI

BurgerFi International shares are declining following the company's announcement of filing for Chapter 11 bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:24 pm

BFI

BurgerFi International announced that its franchisee-owned locations of BurgerFi and Anthony's Coal Fired Pizza & Wings are excluded from bankruptcy proceedings. The Chapter 11 filing includes 67 corporate-owned locations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 3:35 pm