WPG News and Press, Washington Prime Group Inc. From 06/14/21

On the conclusion of the 2021 Russell indexes annual reconstitution, the following financial and real-estate companies will join the Russell Microcap Index, effective June 28 after market opens.Financial stocks to be added to the Russell Microcap Index include: Ambac Financial Group (AMBC), A...

Washington Prime Group's (WPG) Chapter 11 restructuring plan ((RSA)) includes reducing its debt by almost $950M through converting its unsecured notes into equity and a $190M paydown of the mall REIT's revolving credit and term loan facilities.WPG stock declines 13% in afternoo...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Another infrastructure proposalAt a G7 summit over the weekend, President Biden pressed world leaders to take concrete steps to counter China's rising infl...

sefa ozel/E+ via Getty Images Washington Prime Group (WPG) has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Southern District of Texas. COVID-19 had forced Washington Prime to temporarily close some of its ~100 shopping centers across the U.S. as rent coll...

Access to $100 million in DIP Financing to Support Operations Operations Will Continue Uninterrupted and in the Ordinary Course During Restructuring Vendors and Service Providers Expected to Be Unimpaired and All Claims Paid in Full Washington Prime Group Inc. (NYSE:...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Gainers: Orphazyme (ORPH) +193%.Trxade Group (MEDS) +142%.Medley Management (MDLY) +61%.Sphere 3D (ANY) +54%.Yiren Digital (YRD) +25%.Orbsat Corp (OSAT) +22%.Alset EHome International (AEI) +22%.Xinyuan Real Estate (XIN) +21%.Support.com (SPRT) +20%.RH (RH) +14%.Losers: Aethlon...

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. The stock market got the jobs report it apparently was waiting for, as May's payrolls growth came in short of expectations and led investors ...

I make my living by successfully avoiding “shiny new toys” – and advising others to do the same. I’ve become the poster child for calling out “sucker yields.”. Think twice before you decide to become mesmerized with shiny toys like these o...

Washington Prime Group Inc. (NYSE: WPG) today announced that FieldhouseUSA recently opened its state-of-the-art 90,000 SF complex at Polaris Fashion Place®. A community based, multi-purpose indoor facility that offers a variety of sporting activities, and skill levels, where everyo...