#debt-reduction

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#buzzfeed

BuzzFeed Sells "Hot Ones" as It Pivots to AI-Generated Content

BuzzFeed is selling First We Feast for $82.5 million to reduce debt and focus on AI strategy.

BuzzFeed Strikes Deal to Sell Hot Ones' Company for $82.5 Million

BuzzFeed has sold Hot Ones for $82.5 million, which alleviates cash flow issues and significantly reduces company debt.

BuzzFeed Sells "Hot Ones" as It Pivots to AI-Generated Content

BuzzFeed is selling First We Feast for $82.5 million to reduce debt and focus on AI strategy.

BuzzFeed Strikes Deal to Sell Hot Ones' Company for $82.5 Million

BuzzFeed has sold Hot Ones for $82.5 million, which alleviates cash flow issues and significantly reduces company debt.
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#financial-management

Plans to raise Croydon council tax again next year by maximum amount

Croydon's council plans a 4.99% tax increase to address significant financial difficulties and historic debt. This could lead to the highest council tax levels ever.

Strategies For Living Below Your Means - Social Media Explorer

Living below your means improves financial health and well-being.
Creating a realistic budget is essential for effective money management.
Setting clear spending limits and prioritizing necessities helps maintain discipline.
Identifying and cutting unnecessary expenses can enhance financial stability.

Inverness CT directors convert or write off loans

Inverness Caledonian Thistle has converted loans to equity to improve financial stability and prevent further debt issues.

How to Create an Amortization Schedule in Excel | ClickUp

Amortization schedules simplify loan management by providing clarity on payments and interest, essential for personal and client loans.

Plans to raise Croydon council tax again next year by maximum amount

Croydon's council plans a 4.99% tax increase to address significant financial difficulties and historic debt. This could lead to the highest council tax levels ever.

Strategies For Living Below Your Means - Social Media Explorer

Living below your means improves financial health and well-being.
Creating a realistic budget is essential for effective money management.
Setting clear spending limits and prioritizing necessities helps maintain discipline.
Identifying and cutting unnecessary expenses can enhance financial stability.

Inverness CT directors convert or write off loans

Inverness Caledonian Thistle has converted loans to equity to improve financial stability and prevent further debt issues.

How to Create an Amortization Schedule in Excel | ClickUp

Amortization schedules simplify loan management by providing clarity on payments and interest, essential for personal and client loans.
morefinancial-management

Macerich turnaround features sale of The Oaks mall for $157M

Macerich has achieved significant debt reduction via property sales, demonstrating investor confidence and strategic property management.

loanDepot closes $300M warehouse securitization

loanDepot successfully raised $300 million through notes backed by mortgages, enhancing its financial strategy.

Best-Selling Personal Finance Expert Begs Older Americans to Follow This Advice

It's never too late to take control of finances, according to Suze Orman.
from www.theguardian.com
4 months ago

Shares in National Express owner jump as it starts sale of US school bus business

Mobico is selling its North American school bus business to reduce £1.2 billion debt, resulting in a share price increase.

Earnings call: DBG navigates challenging quarter with strategic focus By Investing.com

DBG's net revenue reached $3.4 million, but the company reduced debt significantly and plans for growth with new brand launches.
#bankruptcy

Is your Miami hospital up for sale? What these next steps mean for patients and care

Steward Health System is selling its South Florida hospitals to reduce debt through bankruptcy, impacting patients and employees directly.

Rite Aid asks bankruptcy court to approve its restructuring plan

Rite Aid is seeking bankruptcy court approval for a restructuring plan to reduce debt, with lenders assuming control.

Is your Miami hospital up for sale? What these next steps mean for patients and care

Steward Health System is selling its South Florida hospitals to reduce debt through bankruptcy, impacting patients and employees directly.

Rite Aid asks bankruptcy court to approve its restructuring plan

Rite Aid is seeking bankruptcy court approval for a restructuring plan to reduce debt, with lenders assuming control.
morebankruptcy

IWG maintains full-year guidance amid US listing talk

Hybrid working boosts IWG's performance and revenue growth.

France's Casino supermarket chain to cut 3,200 jobs following takeover

France's Casino supermarket chain is cutting jobs following a takeover by Daniel Kretinsky to improve financial situation.

I'm Not A Democrat; I'm An Anti-Republican

Free trade was traditionally a Republican position but is being reevaluated due to supply chain disruptions and changing relationships.
Debt reduction was a stronger focus for Republicans before Trump, while professional interests can influence personal political beliefs.

Managing technical debt with APM tools

APM empowers development teams for early intervention and technical debt management.
APM fosters continuous improvement and collaboration for proactive debt reduction.

Earnings call: Cumulus Media navigates tough landscape with digital growth By Investing.com

Cumulus Media's total revenue decreased by 11.4% to $844.5 million for 2023, with EBITDA at $90.7 million.
Digital revenue was a highlight, representing 17% of total revenue, showing growth in streaming and digital marketing services.

Lack of budget details led to work of fiction' forecasts last year, says OBR chief

Jeremy Hunt's economic forecasts last year were criticized by the Office for Budget Responsibility for being based on questionable assumptions.
The OBR chair, Richard Hughes, warned that the tiny margin for error in the government's debt-reduction rules leaves little room for changing assumptions and data revisions.

HanesBrands agrees to sell global Champion brand for $1.2 billion

HanesBrands Inc. is selling its Champion brand to Authentic Brands Group for $1.2-$1.5 billion, focusing on debt reduction and long-term success.
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