Knight Energy files for Chapter 11
The petition, filed Tuesday in federal court, indicates the company has about $50 to $100 million in assets, compared to $100 to $500 million in debt.
Uber Plans to Wind Down U.S. Car-Leasing Business
Move by the ride-hailing company is due to unsustainably high losses
Ralph Lauren Has a Department-Store Dilemma
Revenue was down 13 percent compared to the same period a year earlier
Hertz's 101-Year-Old Business Nearing Twilight in Uber Age
Can the U.S. car-rental business thrive in the era of Uber Technologies Inc., Lyft Inc. and, one day, autonomous vehicles?
Short Sellers, Options Traders Gear for More Volatility in Retail Stocks
Bets on big swings following retailers’ earnings releases increase as sector’s woes continue
Verso Corporation Reports Second Quarter 2017 Financial Results
"Additionally, we have directed our financial advisor, Houlihan Lokey Capital, Inc., to assist us in exploring strategic potential transaction alternatives that may enhance stockholder value. No decision has been made to enter into any transaction at this time, and there is no assurance that our exploration of strategic alternatives will result in any transaction being entered into or consummated, and there is no set timetable for the exploration of strategic alternatives."
Hollywood Might Not Bounce Back From Theaters' $1.3 Billion Stock Collapse
Hope is fading for a feel-good ending at the U.S. box office.
