cerberus capital

The list of bankruptcies this year continues to grow. Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday. The Tennessee-based company became just the latest in a string of major brands to file for bankruptcy in 2020 — a year where virtually every...

Century 21 Department Stores LLC grabbed headlines last week when it confirmed plans to close all 13 of its stores and liquidate assets as part of a chapter 11 process. In doing so, the New York-based company became just the latest in a string of major retailers to file for bankruptcy in 2020...

Cerberus Capital, a major private equity player, has entered its name into the ongoing Walgreens Boots Alliance Inc (NASDAQ: WBA)–Rite Aid Corporation (NYSE: RAD) merger saga. Retail Sales As part of the proposed acquisition of Ride Aid by Walgreens, the two companies would need to divest...

U.S. stocks finished the week slightly lower as investors gave today's poor housing data a slack, and blame it on the weather. “Investors are willing to cut the market some slack because of the weather; I'm keeping my fingers crossed that the economy heats up as the weather warms up,” Jack...

According to Barron's,Daimler (PINK: DDAIF) is back in the fast lane despite a harsh dose of reality from Dr. Zetsche. Barron's reports that back in 2006 when Chrysler and Mercedes were still in a committed relationship, the "Ask Dr. Z" commercials began to appear on television as an ad campaign...