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Source: Forbes J.C. Penney's ( JCP ) revenue and cash flow continues to deteriorate. Its $3.9 billion debt load also appears untenable. Fitch Ratings recently downgraded the company's debt from to B- from B, reflecting the debt's highly-speculative nature: Fitch on JCP: "The downgra...
COMPANY AND NOTEHOLDERS IN THE PROCESS OF NEGOTIATING DEFINITIVE DOCUMENTATION AS SUPPORT BUILDS BAAR, Switzerland , May 17, 2019 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) ("Weatherford" or the "Company") announced today that additional holders of its senior notes have...
Weatherford International (NYSE: WFT ) is trading on the pink sheets section of the OTC Markets under the WFTIF ticker symbol after the NYSE said it would de-list the stock , a decision the company says it will appeal. More news on: Weatherford International plc, Energy stocks news, R...
BAAR, Switzerland , May 10, 2019 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) ("Weatherford" or the "Company") announced today that it has executed a restructuring support agreement (the "Restructuring Agreement") with a group of its senior noteholders (the "Ad Hoc Noteh...
Along with an earnings report out now after an earlier postponement , Weatherford (NYSE: WFT ) says in its 10-Q filing that it expects to file for Chapter 11 bankruptcy. More news on: Weatherford International plc, Energy stocks news, Top stock market news, Read more ...
Weatherford (NYSE: WFT ): Q1 GAAP EPS of -$0.48 misses by $0.34 . Revenue of $1.35B (-4.9% Y/Y) in-line. Shares -30% AH. 10-Q More news on: Weatherford International plc, Earnings news and commentary, Energy stocks news, Stocks on the move,
Can Weatherford International Stay Afloat? Weatherford International ( WFT ) is a company that has been barely struggling to stay afloat within the last 12 months. Founded in 1941 and headquartered in Switzerland, it employs around 26,500 people and provides products and services to the oi...
BAAR, Switzerland , May 7, 2019 /PRNewswire/ -- Weatherford International plc (NYSE:WFT) (the "Company") today announced that it has postponed its first quarter 2019 earnings release until Friday, May 10 , 2019. As a result, the conference call scheduled for Wednesday, May 8,...
The Industry's Only Intelligent MPD System Developed With Over 3.5 Million Hours of MPD Field Data BAAR, Switzerland, May 6, 2019 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) (the "Company" or "Weatherford") today unveiled Victus intelligent MPD, an Indust...
Weatherford International ( WFT -9.1% ) is asking shareholders to vote for a reverse stock split that it hopes will prevent the NYSE from delisting the struggling company. More news on: Weatherford International plc, Energy stocks news, Stocks on the move, Read more ...
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Relisting of Weatherford's Ordinary Shares on NASDAQ Company Will Trade Under the Symbol "WFRD" PR Newswire HOUSTON , June 1, 2021 /PRNewswire/ -- Weatherford International plc (OTC Pink: WFTLF) (" Weatherford " or the "Company") today announced that The ...
Weatherford Announces First-Quarter 2021 Conference Call PR Newswire HOUSTON , March 31, 2021 /PRNewswire/ -- Weatherford International plc (OTC Pink: WFTLF) (" Weatherford " or the "Company") will host a conference call on Thursday, May 6, 2021 to discus...