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Thread: Bankruptcy thread

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  1. #26  
    Never bet against America. HamGlaze's Avatar
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    Haha. Didn’t see where JC Penny had already been delisted.
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  2. #27  
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    Top Owners of Hertz Global Holdings Inc

    Stockholder Stake Shares owned
    Icahn Associates Holding LLC 38.90% 55,342,109
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  3. #28  
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    According to data provided exclusively to The Texas Lawbook by Androvett Legal Media research, more than 545 companies of all sectors in Texas filed for Chapter 11 protection from creditors between January 1 and May 5, 2020. This is a surge of 133 percent compared to the same period of 2019, Mark Curriden at The Texas Lawbook writes in Houston Chronicle.
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  4. #29  
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    Bozzie how many are oil companies who jacked up the price of oil to over 100$ a barrel and now are paying off debt with the bail out money when real small business can't pay rent.
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  5. #30  
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    Quote Originally Posted by smartmoneyfollower View Post
    Bozzie how many are oil companies who jacked up the price of oil to over 100$ a barrel and now are paying off debt with the bail out money when real small business can't pay rent.

    It's obscene..
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  6. #31  
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    Not a Bankruptcy but this should give observers of the market a moment of consideration to the depth of the coming problems.

    https://www.cnbc.com/2020/05/27/boei...this-week.html
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  7. #32  
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    Boeing still up 2% today. I think this is just the execution of a plan previously announced.
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  8. #33  
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    Quote Originally Posted by Bruins4Life View Post
    Boeing still up 2% today. I think this is just the execution of a plan previously announced.

    It is and investors love to see cuts including layoffs if it means a stronger bottom line.
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  9. #34  
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    I was tempted at $120 as a trading stock. Ugh.
    How did a generation raised on South Park and Family Guy become sooooo sensitive?
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  10. #35  
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    Quote Originally Posted by Bruins4Life View Post
    I was tempted at $120 as a trading stock. Ugh.
    Only thing I like in the segment and I don't like it as much at $ 35 .. bought at 27

    https://finance.yahoo.com/quote/ALK/
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  11. #36  
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    Golds gym....sorry mussel bound fellas
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  12. #37  
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    Quote Originally Posted by Bruins4Life View Post
    Boeing still up 2% today. I think this is just the execution of a plan previously announced.

    New United Airlines CEO Says No To Bankruptcy and Mandating Blocked Middle Seats
    NO NEW AIRPLANES

    After the financial recession, many U.S. airlines renewed their fleets, adding new airplanes, often with improved amenities. But that era is now over, Kirby said.
    “Beyond the airplanes that we’re already kind of locked in on, I think it’s going to be a while before we’re taking new deliveries,” he said.
    In the recent past, United might replace 15-year-old airplanes with newer models, using parts from retired jets for other aircraft. But that’s no longer the prudent financial move, he said.
    “The less risky financial decision is to keep the older airplanes,” he said. “I view my job as chief risk manager, particularly as we go through a crisis. That just changes your perspective on new aircraft.”
    United is the only one of the big three global U.S. carriers that has not retired a fleet type during the pandemic. It may, but it is too early, Kirby said. He said he prefers to watch to see how demand recovers.
    “There’s no upside to doing it today versus collecting some more information and collecting more data, and we can make a better decision, a month from now, or two months from now, or four months from now,” he said.





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  13. #38  
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    Google reportedly rescinds job offers for thousands of contractors and temporary workers

    https://www.cnbc.com/2020/05/29/goog...ors-temps.html

    Not good
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