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Fulgent Genetics (FLGT) has jumped 9.1% postmarket on news that it's joining the S&P SmallCap 600 index. It's replacing Garrett Motion (GTX), which is filing for bankruptcy and has to leave the index. The move is effective prior to the open of trading on Friday, Sept. 25. For further de...
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. Nikola in the spotlight after founder resignsNikola (NKLA) shares tumbled 30% in premarket trade after founder Trevor Milton stepped down as executive chai...
KPS Capital Partners Agrees To Acquire Substantially All Of The Assets Of Garrett Motion Inc. Canada NewsWire NEW YORK, Sept. 20, 2020 KPS TO PARTICIPATE IN COMPANY'S DIP FINANCING TO SUPPORT OPERATIONS KPS HAS OBTAINED COMMITTED EXIT FINANCING NEW YORK , ...
Company enters into a definitive agreement with KPS to serve as stalking horse bidder to purchase the business for $2.1 billion, subject to adjustment Company voluntarily files for Chapter 11 protection, with support of holders of approximately 61% of its outstanding senior secu...
Garrett Motion ( GTX -24.7% ) is in talks to file for Chapter 11 bankruptcy with a plan to sell its business to P-E firm KPS Capital Partners, WSJ reports. More news on: Garrett Motion Inc., Stocks on the move, Read more ...
Gainers: Cassava Sciences (NASDAQ: SAVA ) +37% . More news on: Cassava Sciences, Inc., Westport Fuel Systems Inc., Renren Inc., Stocks on the move, , Read more ...
Garret Motion (NYSE: GTX ) considers bankruptcy filing as tensions rise with former parent Honeywell International over asbestos injury payments that includes over $1B liability and and payouts to victims. Filing could be processed within weeks, people familiar with the matter note....
Garrett Motion ( GTX -20.4% ) is preparing for a possible bankruptcy filing within weeks, WSJ reports, as tensions rise with former parent Honeywell ( HON +0.1% ) over asbestos injury payments and as sales have slumped during the pandemic. More news on: Garrett Motion Inc., Hon...
Gainers: PolyMet Mining (NYSEMKT: PLM ) +83% . More news on: PolyMet Mining Corp., VivoPower International PLC, FBL Financial Group, Inc., Stocks on the move, , Read more ...
Shares of Garrett Motion (NYSE: GTX) were up more than 30% as of 2:10 p.m. EDT today, while the S&P 500 index was dropping by almost 3.5%. The stock has been volatile as it battles with former parent Honeywell (NYSE: HON) over potential liability payments. Continue readi...
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2024-08-01 03:28:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
ZEELAND, Mich., July 26, 2024 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2024. 2nd Qua...
2024-07-25 12:23:34 ET Autoparts manufacturer Garrett Motion (NASDAQ: GTX) reported mixed quarterly results and lowered full-year revenue guidance. Investors are slamming on the brakes, sending Garrett shares down 13% as of 11 a.m. ET. Garrett is a leading supplier of turbocharg...