Debt Company

Altria Group, Inc. (NYSE: MO) is a major player in the tobacco industry. With well-known brands like Marlboro and a portfolio of other tobacco products, the company has expanded into other businesses as well, but is now looking for exits…

Several subcontractors hired a national commercial collection firm to seize dozens of liens by: Shannon Behnken Posted: Jul 20, 2021 / 1:51 PM EDT / Update: Jul 20, 2021 /…

Glenmark Pharmaceuticals Ltd remains in the limelight, with its stock rising more than 50% from the March lows and trading near 52-week highs. The increase was driven by strong sales growth in the domestic formulations…

Howard Marks put it well when he said that, rather than worrying about stock price volatility, "The possibility of permanent loss is the risk I worry about ... and every investor practice that I know is worried. " So it can be obvious…

SEN. Sherwin Gatchalian has pledged to pass a law criminalizing abusive debt collection practices by certain online lending platforms.Gatchalian warned financial service providers on Sunday against continuing their illegal…

The BBB claims that people are losing thousands of dollars to scammers claiming to reduce debt and monthly payments. TAMPA, Florida - Student loan payments are expected to drop in October this year after being…

Shares in China Evergrande surged the most this year after the indebted real estate developer offered investors a rare respite by dangling the prospect of a surprise dividend payout.Evergrande is one of China's largest…

Sanjeev Gupta is fighting to keep a Belgian aluminum smelter after a US private equity firm sued the UK to take control.Gupta's metals group GFG Alliance, which is under investigation by Britain's Serious Fraud Office, is…

Debt-ridden automaker SsangYong Motor has decided to sell its Pyeongtaek plant site as part of self-rescue efforts, the local government said on Saturday. The company has been in receivership since April after its Indian parent…

In this article, Paul Pritchard, Managing Director of our European Tax Advisory Team, explains how deemed release rules apply to debt rights transactions. This is an excerpt from Tax Journal, first published on June 17, 2021. The full…

Legendary fund manager Li Lu (who Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. When we think about…

Fat Brands CEO Andrew Wiederhorn talks about Fat Brands' new acquisition, labor shortages and rising food prices. Firms spent $ 1.74 trillion on mergers and acquisitions involving U.S. companies in the first six months of the year -…

June 24, Carnival Corporation (NYSE: CCL), the world's largest cruise line operator, reported an adjusted loss of about US $ 2 billion for the second quarter of fiscal 2021 (quarter ended May 31, 2021). Investors have reacted…

Sanjeev Gupta is in talks with Glencore to refinance the debt of its European aluminum company, a deal that would allow the metals tycoon to retain control over one of its best assets.Gupta's GFG Alliance, which employs…

Muzinich & Co. launched the Muzinich Asia Pacific Private Debt I fund, with Asian investment giant DBS announced as lead investor for the fund. The Asia Pacific Debt I fund marked one of Muzinich's first forays into…

Warren Buffett said: "Volatility is far from synonymous with risk". So it seems like smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess the level of risk of a…

After years of resistance, companies in 2022 will for the first time be forced to disclose in their financial statements how much money they receive in government breaks, grants and incentives. But don't expect too much detail.The…