Here's what we are reading this morning:
'Wonky' Loan Debacle Spooks J. C. Penney’s Lenders, Investors
Buyout Debt Threatens Apollo’s Big Shale Bet - WSJ
Blue Apron Replaces CEO - WSJ
Retail viewpoint: Omnichannel doesn’t have to be scary | AlixPartners
John Lyons appointed to Board of Trustees of State Universities Retirement System of Illinois | News | DLA Piper
Driehaus: "Where’s the most stress being seen in commercial real estate? Surprisingly it’s not retail but student housing seeing highest delinquencies."
Fusion Connect, Inc. (FSNN) says in SEC filing that it missed debt payments due on April 1, that it anticipates it will not comply with covenants, will get a going concern warning, will seek forebearances and has retained advisors for "strategic options" review
Signet Jewelers (Kay Jewelers, Zales, Jared, etc.) Reports Fourth Quarter and Fiscal 2019 Results
Bankruptcy Filings Indicate Times Are Tough For Many U.S. Farmers : NPR
Struggling Electric Vehicle Maker Workhorse Gets a Little Breathing Room - WSJ
Companies Need to Prepare for the Next Economic Downturn | Harvard Business Review
Jones Energy, Inc. Announces Comprehensive Restructuring Support Agreement with First Lien and Unsecured Noteholders for Prepackaged Chapter 11 Plan
PG&E Announces New Chief Executive Officer and Appointment of a Refreshed Board of Directors
Mexico Border Closure Would Have Devastating Impact On Auto Industry | Cheddar
Payrolls up 129,000 in March, below Wall Street expectations