Weatherford to Enter Chapter 11 Bankruptcy Proceedings
Financially beleaguered Weatherford was sunk by a perfect storm in the first quarter. On May 10 post-market close, the company released disastrous first-quarter results and announced a plan to sign a restructuring support agreement with its creditors and subsequently file for chapter 11 bankruptcy. After reviewing the RSA and revising our forecasts for the company, we are reducing our fair value estimate to $0.15 per share from $1.75 previously.Under the terms of the RSA, unsecured noteholders ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.