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Bankruptcy & Restructuring News Headlines for Friday Feb 15, 2019

February 15, 2019

Here's what we are reading this morning:

U.S. Retail Sales Unexpectedly Fall the Most in 9 Years - Bloomberg

U.S. Unemployment Claims Rise Unexpectedly After Shutdown Ends - Bloomberg

Retail sales were so bad, it's either suspect or a recession warning

David Rosenberg (Chief Economist & Strategist at Gluskin Sheff + Associates Inc.): "Restaurant sales have declined in four of the past five months and at a pace we haven't seen in 25 years. That means worse than the depths of the 2001 and 2007-09 recessions. Remember -- they are a leading indicator."

Retailer Payless ShoeSource set to shutter its U.S. stores: sources | Reuters

Affiliate of Merida Natural Resources, LLC Submits Irrevocable Bid to Acquire Kemmerer Mine out of Bankruptcy | Business Wire

Arsenal Resources Successfully Completes Pre-packaged Financial Restructuring and Emerges from Chapter 11




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