Search Results for: restructuring

By Kuldip K. Ambastha On Monday, December 12, 2022, Weber Inc. (WEBR), primarily a grill (charcoal, gas, and electric) and related accessory company, had its stock price rise by +23.2% per share for the trading day. The catalyst here was a buyout offer of $8.05 per share, from a private equity firm. The company is …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 12-16, 2022”

By Kuldip K. Ambastha On Wednesday, November 23, 2022, the stock price of Coupa Software Incorporated (COUP), a technology company focused on “Business Spend Management,” shot up by +28.9% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 14-18, 2022; By Kuldip K. Ambastha.”) The …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 21-25, 2022”

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 24-28, 2022”

By Kuldip K. Ambastha The stock price of Twitter, Inc. (TWTR), a microblogging and social networking technology (tech) platform, had a +22.2% per share increase on Tuesday, October 4, 2022, while the other four trading days showed negative daily returns. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 3-7, 2022”

By Kuldip K. Ambastha In this past week, BJ Services LLC and Ascena Retail Group (ASNA) both announced their bankruptcies. BJ Services LLC provides its services to oil & gas companies focused on North American exploration & production, and is voluntarily filing for Chapter 11 bankruptcy. This company intends to sell its assets, and its …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 20 – 24, 2020”

By Kuldip K. Ambastha The coronavirus pandemic is continuing to damage the private sector significantly. This week, GNC Holdings (GNC) and the parent company (CEC Entertainment) of Chuck E. Cheese plus Peter Piper Pizza both announced plans for bankruptcy. GNC Holdings will be using the bankruptcy process to close all of its health and nutrition …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 22 – 26, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha Pacific Gas & Electric Co. (PCG), aka: PG&E Corp., announced it would file for Chapter 11 bankruptcy on January 29, 2019 due to massive claims caused by deadly wildfires. Since then, its stock has still been trading actively on the New York Stock Exchange (NYSE) as legal …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 7-11, 2019”