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Cnn covering this and break it down. totally embattled even as the business they re losing money, they ve got high debt, over $3 billion worth of debts. a lot of that comes due in the next couple of years so just as a business, they were already struggling. then i think a lot of that outweighed by the sheer extent of liabilities they could face tied to the opioid crisis. according to the wall street journal s reporting we re talking about a thousand plus federal lawsuits that have all been consolidated in ohio. they ve got a similar number of state-based lawsuits then a civil case that the department of justice hit them with just this year. what chapter 11 bankruptcy allows them to do is buy breathing room and allows the pharmacies to continue to run as a business but that they can consolidate the debts and that includes debts this they don t even know they have yet, a/k/a potential legal costs and opioid lawsuits, battle them all out ....
By Adriano Marchese Stocks in Toronto were firmly higher Wednesday. Retail sales in Canada nudged up for a second straight month in June, thanks to car. ....
By Adriano Marchese Aurion Resources said Wednesday that it has signed an agreement granting Kinross Gold the right to earn up to 70% interest in one of its. ....
By Robb M. Stewart Stocks in Toronto pared early losses Wednesday to log modest gains by midday as investors awaited the release of U.S. Federal Reserve. ....
By Adriano Marchese Kinross Gold said Friday that it has renewed its share repurchase program to buy back up to 10% of its issued and outstanding common. ....