However, a more common (but still painful) scenario is that it has to raise new equity capital at a low price, thus permanently diluting shareholders.

The sale will remove debt tied to the legacy business, significantly improving the Company’s balance sheet. Main improvements include the elimination of approximately 63% of the Company’s total ...

As traders approach another pivotal day for financial markets on Monday, July 7, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The Commodity ...

Hamish FitzSimons and Dougal Maple-Brown apply their respective lenses to 5 ASX stocks with strong balance sheets.

Borr Drilling Limited (NYSE:BORR, "Borr", "Borr Drilling" or the "Company") has announced today that the Company has received commitments from certain commercial banks to: 1) increase existing ...