When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
UNIT - Potential Frontier Communications Ch. 11 Bankruptcy Plan - What I Am Expecting
Uniti Group Inc.
After a long period of trying to negotiate an out of court restructuring, it seems that Frontier Communications (FTR) may finally be actually going to file for Ch.11 bankruptcy. According to a Bloomberg report on March 10, the company plans to use the 30-day grace period instead of paying $320 million in interest payments due on March 15. The market reaction to this news indicates investors are expecting a bankruptcy filing. There are also interest payments due April 1, which could also be subject to a 30-day grace period and there are $172