What Went Wrong At Saks Global? [Seeking Alpha]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Seeking Alpha
Getty Images Good morning! Here is the latest in trending: No signal: Verizon ( VZ promises credits as service is restored following a nationwide outage. Fed drama: Despite a new probe, President Trump says he doesn't have plans to fire Jay Powell. New rules: Elon Musk's xAI blocks Grok from undressing images after a global backlash. Out of fashion It's only mid-January, but investors have already witnessed what is likely to be one of the most notable bankruptcies of 2026. Saks Global, the luxury retailer behind brands like Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, has filed for Chapter 11 after struggling to pay its debts amid some hefty financial engineering. Many vendors have also been ringing the company over outstanding invoices, which Saks Global continues to promise will be paid under the coming restructuring. Saks Global secures $1.75B of committed capital, return of industry veterans Backdrop: Luxury sales took off in the aftermath of the pandemic,
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VZ
News
- VZ Wins Regulatory Nod for Frontier Buyout: Will it Boost Prospects? [Yahoo! Finance]Yahoo! Finance
- A Beneficial Role For Orange Pigments In Birds And Animals [Forbes]Forbes
- The Daily Money: See grocery prices from 30 yrs ago [USA TODAY]USA TODAY
- Verizon Communications (NYSE:VZ) had its price target lowered by analysts at Sanford C. Bernstein from $46.00 to $44.00. They now have a "market perform" rating on the stock.MarketBeat
- 5 things to know for Jan. 16: Minneapolis protests, Greenland takeover, Nobel Peace Prize, Flu season, Iran unrest [CNN]CNN
VZ
Earnings
- 10/29/25 - Beat
VZ
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- VZ's page on the SEC website