Tag: Pe

May 14, 2020

JCPenney on The Brink of Bankruptcy

As the retail store faces bankruptcy threats, JCPenney has been in talks with major lenders to secure a $450 million “debtor in possession” (DIP) loan to keep the company afloat. The DIP loan is s...

May 08, 2020

Peloton Earnings Report

Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...

April 14, 2020

Definition: What is Stock?

If you are not too familiar with the investing world and have often heard about shares or stocks or the stock market, wondering what they could mean. This article would give you an insight into the wo...