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List of All Articles with Tag 'cvna'

Carvana Completes Restructuring to Slash $1.3 Billion of Debt
Carvana Completes Restructuring to Slash $1.3 Billion of Debt
Carvana Co. has completed its debt restructuring with a majority of creditors agreeing to participate in the deal,
2023-09-02 07:18
Carvana Boosts Profit Forecast as Turnaround Gains Momentum
Carvana Boosts Profit Forecast as Turnaround Gains Momentum
Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year
2023-08-09 21:18
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind
2023-07-23 03:21
AutoNation, Carvana See Prices Falling as Margin Pressure Grows
AutoNation, Carvana See Prices Falling as Margin Pressure Grows
AutoNation Inc.’s top executive warned that softening car prices will likely fall further as inventory grows, a welcome
2023-07-21 23:51
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
Carvana’s CEO Sees Weaker Used-Car Prices Stimulating Demand
A surge in used-car prices padded Carvana Co.’s bottom line early in the pandemic. As the market for
2023-07-21 03:17
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:46
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:47
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in
2023-07-12 00:57
Lordstown CEO Was Ghosted by Foxconn Unit a Year Before Collapse
Lordstown CEO Was Ghosted by Foxconn Unit a Year Before Collapse
Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of
2023-06-28 18:51
CarMax Gains as Focus on Costs Drives Quarterly Profit Beat
CarMax Gains as Focus on Costs Drives Quarterly Profit Beat
CarMax Inc. reported quarterly earnings that soared past Wall Street’s estimates, boosting the auto retailer’s shares as it
2023-06-23 22:19
Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned
2023-06-18 04:17
Carvana Short Sellers Lose $1 Billion After Record Rally
Carvana Short Sellers Lose $1 Billion After Record Rally
Short sellers in Carvana Co. just passed a grim milestone: more than $1 billion in losses this year.
2023-06-09 05:29
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