|Bid||0.0000 x 1200|
|Ask||0.0000 x 1300|
|Day's Range||0.2277 - 0.2419|
|52 Week Range||0.0220 - 1.6800|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||0.39|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service, ("Moody's") downgraded Denbury Resources Inc.'s (Denbury) Probability of Default Rating (PDR) to D-PD from Ca-PD. Denbury's other ratings were affirmed, including its Ca Corporate Family Rating (CFR), Ca rating on its senior secured second lien debt, and C rating on its senior subordinated debt.
California Pizza Kitchen said Thursday that it has filed for bankruptcy, as the restaurant chain looks to close unprofitable locations and reduce its long-term debt load, and emerge from bankruptcy in under three months. The company said it has entered into a restructuring support agreement with lenders to equitize the vast majority of its long-term debt. The agreement includes contemplating $46.8 million in debtor-in-possession financing, which will allow the company's restaurants to continue operating, and for the continued payments to vendors and employees. "The unprecedented impact of COVID-19 on our operations certainly created additional challenges, but this agreement from our lenders demonstrates their commitment to CPK's viability as an ongoing business," said Chief Executive Jim Hyatt. The company joins a list of companies that have gone bankrupt amid the pandemic, including Denbury Resources Inc. , J.C. Penney Co. Inc. , Brooks Brothers, Ann Taylor and Loft parent Ascena Retail Group Inc. and Hertz Global Holdings Inc. .
Facebook is taking the European Commission to court over a document request that the company says invades its privacy.