Daniel Hurwitz News Today

Statement this day after we had a shortterm budget deal. Also earnings trickling out this morning. Mens wearhouse after the bell. Bank. To buy jos. A. Iplon, big news of the day, supposed to be a record ipo or a lodging company. This is not another deal. This is in some way a top of the market deal. Terrific research on this. We will have it all day on Bloomberg Television. I got goosebumps. Almost like 2005 all over again. And is it a problem . Groupl ask a gas from isi and we will talk also to...

WeWork announced August 18 it is moving forward with a 1-for-40 reverse stock split in a bid to maintain its NYSE listing.

WeWork announced August 18 it is moving forward with a 1-for-40 reverse stock split in a bid to maintain its NYSE listing.

"Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.

Must reads from around the real estate investment world to end the week.

With losses mounting and cash dwindling, WeWork said in a filing that there’s doubt about its potential as a “going concern.”

WeWork has brought in a slate of new board members experienced in restructuring troubled companies through bankruptcy to succeed three directors who resigned because of disagreements about the company’s governance and strategy.

"Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.

With losses mounting and cash dwindling, WeWork said in a filing that there's doubt about its potential as a "going concern."

With losses mounting and cash dwindling, WeWork said in a filing that there’s doubt about its potential as a “going concern.”