financetom
Business
financetom
/
Business
/
Update: Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Conn's Hires Financial, Operational Advisers for M&A, Debt Help
Jun 26, 2024 12:59 PM

03:38 PM EDT, 06/26/2024 (MT Newswires) -- (Updates with Houlihan Lokey and Berkeley's responses in the third paragraph.)

Home goods retailer Conn's (CONN) has enlisted the help of financial and operational advisers to rework its debt load and integrate a rival chain of stores it bought last year, Bloomberg reported, citing people familiar with the matter.

Conn's has hired Houlihan Lokey (HLI) as a financial adviser and Berkeley Research Group as an operational adviser, the people reportedly told Bloomberg.

Houlihan and Berkeley declined to comment, Conn's did not respond to MT Newswires' request.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1.70, Change: -0.27, Percent Change: -13.52

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
10x Genomics Launches Two New Products With Single Cell Technology
10x Genomics Launches Two New Products With Single Cell Technology
Mar 13, 2024
04:55 PM EDT, 03/13/2024 (MT Newswires) -- 10x Genomics ( TXG ) said Wednesday it started shipping two new products, Chromium Single Cell Gene Expression 3' v4 and Chromium Single Cell Immune Profiling 5' v3. Both products are powered by GEM-X technology architecture, according to the company. 10x shares were up 2.6% in recent after-hours activity. Price: 39.52, Change: +1,...
UiPath Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Q1, 2025 Revenue Outlook Set -- Shares Rise After Hours
UiPath Fiscal Q4 Non-GAAP Earnings, Revenue Rise; Q1, 2025 Revenue Outlook Set -- Shares Rise After Hours
Mar 13, 2024
04:55 PM EDT, 03/13/2024 (MT Newswires) -- UiPath ( PATH ) reported fiscal Q4 non-GAAP earnings late Wednesday of $0.22 per diluted share, up from $0.15 a year earlier. Analysts polled by Capital IQ expected $0.16. Revenue for the quarter ended Jan. 31 was $405.3 million, up from $308.5 million a year earlier. Analysts surveyed by Capital IQ expected $383.7...
Lennar Q1 Earnings, Revenue Rise
Lennar Q1 Earnings, Revenue Rise
Mar 13, 2024
04:53 PM EDT, 03/13/2024 (MT Newswires) -- Lennar ( LEN ) on Wednesday reported Q1 earnings of $2.57 per diluted share, up from $2.06 a year earlier. Analysts polled by Capital IQ expected $2.20. Total revenue for the quarter ended Feb. 29 was $7.31 billion, up from $6.49 billion a year earlier. Analysts expected $7.41 billion. Price: 164, Change: -1.5,...
Dutch Bros Insider Sold Shares Worth $16,787,810, According to a Recent SEC Filing
Dutch Bros Insider Sold Shares Worth $16,787,810, According to a Recent SEC Filing
Mar 13, 2024
04:53 PM EDT, 03/13/2024 (MT Newswires) -- Travis Boersma, 10% Owner, Director, Executive Chairman of Board, on March 11, 2024, sold 512,455 shares in Dutch Bros ( BROS ) for $16,787,810. Following the Form 4 filing with the SEC, Boersma has control over a total of 823,530 shares of the company, with 823,530 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000076/xslF345X03/wk-form4_1710362784.xml Price: 34.2,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved