Coronavirus

Papa John's founder rips into his former company

John Schnatter, the former CEO of Papa John's, says that the company he founded is looking at a downturn soon due to poor food quality, bad management, and a host of other factors unless they turn things around. 

AMC warns investors of potential bankruptcy as company looks to raise cash through sale of 15 million shares

"In the event the company determines that these sources of liquidity will not be available to it or will not allow it to meet its obligations as they become due, it would likely seek an in-court or out-of-court restructuring of its liabilities," AMC said in an SEC filing Tuesday. "In the event of a future liquidation or bankruptcy proceeding, holders of the company’s common stock would likely suffer a total loss of their investment." 

At these prices, Procter is a gamble

Procter & Gamble reported strong results Tuesday as the pandemic continued to boost sales of consumer staples, but its shares are priced for the boom to never end.