The defaulted company has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring ...
Shares of debt-laden property developer China Evergrande Group soared on Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up ...
HONG KONG, Oct 31 (Reuters) - China Evergrande (3333.HK) is trying to stave off liquidation by revising its debt restructuring plan, but its biggest challenge will be convincing its creditors, and ...
Mack Wilowski is a staff writer for Investopedia, focusing on breaking news stories, earnings previews, and company-specific insights and analysis. Previously, he was an associate editor for ...
Sunac says its bonds were exchanged for a combination of convertible bonds, dollar-denominated notes, mandatory convertible bonds and shares in its subsidiary The company's shares jumped as much as 27 ...
Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply chain costs and its efforts to control inventory ...
Unisys shares were higher in after-hours trading on Monday following the release of its third-quarter financial results and after the company raised its full year 2023 revenue growth guidance.
MADRID (Reuters) - Grifols shares soared on Thursday after the Spanish drugmaker upgraded its annual profit outlook following a strong quarter. Grifols, which posted a third-quarter net profit of ...
Shares of debt-laden property developer China Evergrande Group soared on Tuesday after they resumed trading in Hong Kong following a suspension last week. By midday, Evergrande’s shares were up ...