Susquehanna analysts noted earlier this month that "fundamentals remain weak for Wolfspeed as 200mm wafers from the JP fail to take off and demand for devices remains depressed." The company operates ...

Penguin Random House pulls Marvel, Dark Horse, IDW, Valiant, Dstlry and TokyoPOP out of Diamond Comic Distributors for retailers ...

On March 12, 2025, the U.S. Bankruptcy Court for the District of Delaware denied four banks’ motion for summary judgment in an action seeking to ...

Dozens of Rite Aid stores will close. The drugstore chain announced in its bankruptcy filings on May 9 and May 16 that it ...

The Wall Street Journal reported Tuesday afternoon that after the company rejected several proposals by creditors to ...

Wolfspeed ( WOLF -72.20%) was trading around $0.97 per share at 10 a.m. Wednesday. Shares had dropped 69% from Tuesday's close after a Wall Street Journal report Tuesday evening that the company is ...

Rite Aid announced more store closures after reportedly agreeing to sell pharmacy assets from over 1,000 locations. See closures in Delaware.

The latest Chapter 11 filing in the Townsend saga reveals a complex web of affiliated entities and ongoing legal battles.

Wolfspeed faces potential bankruptcy, with shares plummeting 60%. Check out the risks and implications for investors in ...

High levels of debt obligations have led several biotechnology and pharmaceutical companies into financial distress, ...

A Wall Street Journal article citing sources with knowledge of the situation claims that Wolfspeed, Inc. (NYSE:WOLF) is getting ready to declare Chapter 11 bankruptcy in the upcoming weeks.

Palo Alto Networks logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased. The cybersecurity company posted adjusted earnings of 80 cents a share on sales of $2 ...