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Ally Financial Announces Earnings for First Quarter of the Year
21 Apr, 2020
Gymboree Announced to Close 350 Stores Nationwide
This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..
Berkshire Hathaway Bets Big on Power Infrastructure
Warren Buffett's Berkshire Hathaway Inc (NYSE: BRK.B) announced Friday that it will pay $9 billion, all-cash offer, to pick up from bankruptcy and reorganize Energy Future Holdings Corp. the parent company of Oncor Electric Delivery Co. It is on..
True Religion Files for Bankruptcy Protection
True Religion Apparel Inc. (NASDAQ: TRLG) is one of the most well known jeans maker in the United States and filed for bankruptcy reorganization today. In hopes of reducing their debt, a private equity firm called TowerBrook Capital Partners propose..
Takata Files for Bankruptcy
Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..
Gymboree to Close Up to 450 Stores, Filing for Bankruptcy
The Gymboree Corporation (NASDAQ: GYMB), a Kids’ clothing retailer, filed for a Chapter 11 bankruptcy reorganization to reduce its debts. The company also announced to close stores in respond to the pressure on retailers.Gymboree was foun..
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