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Bankruptcy & Restructuring News Headlines for Friday Dec 20, 2019

December 20, 2019

Here's what we are reading this morning:

Did delivery drive Granite City into bankruptcy?

Paul Page (WSJ): "New down note in trucking as Knight-Swift sharply cuts 4q earnings guidance to a range of $0.50 to $0.52 EPS, down from earlier estimate of $0.62 to $0.65. Carrier says market is “oversupplied with truckload capacity,” but expects industry “rationalization” in 1q."

These Are the Trades That Gutted Bonuses This Year

Share Now, formerly Car2Go, is leaving North America - The Verge

Flickr owner SmugMug says it needs more money to ‘keep the Flickr dream alive’ - The Verge

Gas Producer Arsenal Energy OK’d for Second Reorganization This Year - WSJ




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