Streetbeat News

Bankruptcy

MPW

Medical Properties Trust (MPT) has issued a statement regarding Prospect Medical Group's decision to undergo Chapter 11 restructuring. Despite growth in California facilities, Prospect's liquidity issues have led to this decision.

Portfolio Pulse from

January 13, 2025 | 12:00 am

F

Ford Motor Company, a resilient player in the auto sector, avoided bankruptcy during the 2008-09 recession, unlike some peers. The article discusses whether Ford could be a 'millionaire maker' stock.

Portfolio Pulse from

January 09, 2025 | 10:00 am

CVNA

Carvana (CVNA) has experienced a remarkable 4,000% stock increase over two years, driven by a successful turnaround effort that averted bankruptcy. The stock more than tripled in 2024, continuing its impressive bull run.

Portfolio Pulse from

January 07, 2025 | 7:30 pm

CVNA

Carvana (NYSE: CVNA) has seen a significant stock price increase, rising from under $5 in late 2022 to around $180 per share in early 2024, marking a 236% increase since the start of 2024. This follows a recovery from a near-bankruptcy situation.

Portfolio Pulse from

January 07, 2025 | 11:15 am

BIG

Big Lots, a discount retailer, faces challenges despite being acquired by Gordon Brothers Retail Partners. The acquisition ensures the continuation of hundreds of stores, as the assets are transferred to entities like Variety Wholesalers.

Portfolio Pulse from

January 03, 2025 | 7:15 pm

LEV

Lion Electric Company (NYSE: LEV) announced a temporary layoff of approximately 150 employees as part of its ongoing CCAA proceedings. The remaining workforce will focus on customer service for school buses and trucks.

Portfolio Pulse from

January 03, 2025 | 6:30 pm

BIRD

Retail bankruptcies have increased by 80% in 2024, raising concerns for investors in the retail sector. Allbirds (BIRD) is highlighted as a stock that may face challenges due to this trend.

Portfolio Pulse from

December 27, 2024 | 4:30 pm

NNE

NANO Nuclear Energy has entered into an agreement to acquire Ultra Safe Nuclear Corp.'s patented Micro Modular Reactor (MMR®) and Pylon Space Reactors for $8.5 million. This acquisition includes all associated patents and worldwide demonstration partnerships, and was made through a Chapter 11 bankruptcy auction.

Portfolio Pulse from

December 24, 2024 | 1:45 pm

HOFT

Hooker Furnishings faces challenges due to reliance on Asian imports amid potential tariff disruptions from Trump's policies. Recent earnings show sales declines due to a major retail customer's bankruptcy and decreased volumes and prices. However, cost-saving measures and restructuring are improving margins.

Portfolio Pulse from

December 24, 2024 | 7:45 am

TCS

The Container Store has filed for bankruptcy protection after being delisted from the New York Stock Exchange, aiming to restructure and improve its business.

Portfolio Pulse from

December 23, 2024 | 2:45 pm