Text size Paul Ratje / Getty Images Bond Investors Should Not Be Overly Surprised With Chesapeake Energy‘s bankruptcy. The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed to the guidelines of a restructuring plan …
Read More »UK stocks fall as the economy falls sharply in 41 years and Royal Dutch Shell warns of up to $ 22 billion hit
UK stocks fell on Tuesday as Royal Dutch Shell’s warning that it could take a $ 22 billion redemption dragged down the FTSE 100 UKX, -0.75% lower. The UK economy also suffered its worst decline since 1979, as gross domestic product fell 2.2% between January and March, according to the …
Read More »Intercept actions fall on NASH disappointment
Text size Dirk Waem / Getty Images NASH was once the next big thing for big drug companies; a newly defined disorder that requires chronic treatment that affects millions of people in developed countries. Dozens of companies are developing drugs for the disease, which can cause life-threatening conditions like decompensated …
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