(Reuters) -Chipmaker Wolfspeed said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense by roughly 60%. The company said ...
The company’s portfolio includes brake solutions, filtration products, and replacement brake components, among others. Credit: Palplaner/Shutterstock.com. US auto parts manufacturer First Brands Group ...
Sept 29 (Reuters) - Chipmaker Wolfspeed (WOLF.N), opens new tab said on Monday it has exited Chapter 11 bankruptcy after cutting its total debt by nearly 70% and lowering annual cash interest expense ...
Sept 30 (Reuters) - Wolfspeed (WOLF.N), opens new tab shares surged 33% on Tuesday, after the chipmaker successfully emerged from Chapter 11 bankruptcy with a substantially reduced debt load. The move ...
Wolfspeed, Inc. (NYSE:WOLF), which carries a substantial debt burden of $6.7 billion and has been rapidly burning through cash according to InvestingPro data, announced Monday that all previously ...
The large supplier is also behind Michelin-branded wipers, Philips-branded bulbs. According to a statement released on September 29, U.S. auto parts supplier First Brands has filed for Chapter 11 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company is a big presence at ...
Company to continue delivering best-in-class aftermarket automotive technology and engineering capabilities that meet the evolving needs of its global customer base ROCHESTER HILLS, Mich.--(BUSINESS ...
Wolfspeed Inc (NYSE: WOLF) shares are surging Monday afternoon after the company announced a reorganization plan, with shareholders receiving substituted new common stock. The stock surged as much as ...
Fort Worth homebuilder Village Homes filed for Chapter 11 bankruptcy Wednesday amid an legal dispute over the sale of 100 vacant lots and company branding, according to a company press release. The ...
A federal judge reversed a bankruptcy plan for information-technology provider ConvergeOne Holdings, ruling it unfairly discriminated against some creditors by limiting an equity rights offering to ...
FORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) - Spirit Airlines has secured a crucial $475 million deal from several creditors as it enters its second Chapter 11 bankruptcy filling, a ...
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