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MSC Industrial (NYSE: MSM) stock rose 3.5% after the industrial supplies company reported fiscal third-quarter results that ...
Stock futures fell Tuesday after the S&P 500 posted its largest quarterly percentage gain since the fourth quarter of 2023 and the Nasdaq Composite had its best quarter in five years on Monday.
The semiconductor component maker said it expected to emerge from Chapter 11 protection by the end of the third quarter.
Wolfspeed Inc., a chipmaker caught in President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a creditor-backed plan to slash $4.6 billion in debt.
Tesla shares are down more than 4% after Donald Trump lambasted Elon Musk for criticizing the possible removal of electric car subsidies, suggesting government money could be saved by taking a "good h ...
The bankruptcy protection filing presents a tactical chance for Wolfspeed to realign its financial foundation.
Wolfspeed announced that the recently signed restructuring agreement with Japan's Renesas had received broad support from ...
Wolfspeed has filed for Chapter 11 bankruptcy protection as it seeks to reduce its $4.6 billion debt, while its shares have ...
WKTV -- As expected, Wolfspeed announced it has filed Chapter 11 bankruptcy. By filing, the company is looking to cut its debt by almost 70 percent which is approximately $4.6 billion. The company, ...
Wolfspeed cuts jobs at new factory as chipmaker teeters Wolfspeed names company veteran CFO amid bankruptcy chatter Wolfspeed names company veteran CFO amid bankruptcy chatter Wolfspeed's new CEO bets ...
Shares of Wolfspeed climbed after the company filed a prepackaged Chapter 11 bankruptcy to restructure its debt. The stock rose 90% to 76 cents in after-hours trading following the filing on Monday.
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