Tag Archives: Tysonfoods

Financial Daily Dose 5.4.2020 | Top Story: J.Crew Files for Bankruptcy Protection

BY: Juvian Hernandez | May 4, 2020

J.Crew filed for bankruptcy protection; the company’s lenders have agreed to “convert $1.65 billion . . . into equity.” Neiman Marcus Group Inc. and J.C. Penney are also on the bankruptcy path, already entering talks with lenders – WSJ and NYT All American equity indexes opened lower; the yield on two-year Treasuries was unchanged at 0.19% (the lowest … Continue reading