Latest in Micro Files Plan
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Super Micro files plan for its delayed reports, names new auditor; stock soars 40%
Super Micro’s stock rallies after news that staves off delisting — at least for now.Business - MarketWatch - 6 hours ago -
Super Micro Computer to Strengthen Governance, Oversight Amid Filings Dispute
The server maker said it continues to work on matters related to its filings with the SEC, and now expects lower sales than it had previously guided for in its fiscal first quarter.Tech - The Wall Street Journal - November 5 -
Super Micro’s stock falls further as it faces new hurdle with filing deadlines
The server maker disclosed it will be late with its quarterly filing in addition to its past annual one. Super Micro also said it needs additional time to find a new auditor.Business - MarketWatch - 5 days ago -
Super Micro still can’t say when it will file annual report, and its stock drops
Server maker doesn’t expect its accounting issues to impact its ability to serve customersBusiness - MarketWatch - November 6 -
Lutnick and Bessent’s battle to be Trump’s Treasury secretary turns bitter
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - 8 hours ago -
Super Micro Computer Stock Crashes, Wall Street Concerns Grow
Shares of the Nvidia customer have crashed since its accounting firm, Ernst & Young, resigned.Business - Inc. - November 1 -
Fintech Klarna files for IPO in US
Swedish buy now, pay later pioneer submits documents for widely anticipated flotationBusiness - Financial Times - 5 days ago -
Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.Business - The New York Times - 10 hours ago -
Spirit Airlines files for bankruptcy
Spirit Airlines has filed for bankruptcy protection following its failed merger with JetBlue, an engine recall that forced dozens of its jets to be grounded and weaker than expected sales. Spirit ...Top stories - CBS News - 18 hours ago -
Super Micro still offers no clear answers to investors
Super Micro Computer Inc. did not offer investors any clear answers to questions in an investor call about its accounting woes Tuesday, leaving intact the dark cloud hanging over the company and ...Business - MarketWatch - November 6 -
Advanced Micro Devices to Cut Global Headcount by 4%
The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.Tech - The Wall Street Journal - 5 days ago -
TGI Fridays Nears Bankruptcy Filing
The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.Business - The Wall Street Journal - October 31 -
Sweden's Klarna Files for U.S. IPO
The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the proposed offering haven’t yet been decided.Business - The Wall Street Journal - 5 days ago -
Klarna Confidentially Files for U.S. IPO
The Swedish ‘buy now pay later’ company began the process for a stock market listing with the Securities and Exchange Commission.Business - Inc. - 5 days ago -
How will filing for bankruptcy impact my credit score?
Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.Top stories - CBS News - October 31 -
TGI Fridays Files for Chapter 11 Bankruptcy
The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”Business - The New York Times - November 2 -
Ex-employee sues Suns, cites multiple allegations
Andrea Trischan, a former Suns employee, seeks what the team said is $60 million in damages after filing a lawsuit against it, alleging discrimination, retaliation and wrongful termination.Sports - ESPN - 4 days ago -
Spirit Airlines files for Chapter 11 bankruptcy protection
A federal judge had blocked the budget airline's proposed merger with JetBlue.Top stories - ABC News - 18 hours ago -
Flights not impacted after Spirit Airlines files for bankruptcy
Failed sales and mergers and an engine recall that forced dozens of jets to be grounded have pushed Spirit Airlines to file for bankruptcy. CBS News senior transportation correspondent Kris Van ...Top stories - CBS News - 14 hours ago -
Budget Carrier Spirit Airlines Files for Bankruptcy
The country’s largest budget carrier will cut its year-end schedule by 20 percent as it struggles to return to profitability.Business - Inc. - 14 hours ago -
What Spirit Airlines' bankruptcy filing means for travelers
Spirit Airlines has filed for Chapter 11 bankruptcy protection in the wake of growing debt and a failed merger with JetBlue.Top stories - NBC News - 14 hours ago -
Breaking down why Spirit Airlines filed for bankruptcy
Spirit Airlines, the nation's largest discount airline, has filed for bankruptcy protection. The company has had at least two failed merger attempts in recent years as it struggled to rebound from ...Top stories - CBS News - 7 hours ago -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 33%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - October 30 -
Super Micro Computer Tumbles After Auditor EY Resigns
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.Tech - The Wall Street Journal - October 30 -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - October 30 -
The Budget in brief: what you need to know
A quick guide to the UK chancellor’s main policy announcements and official economic forecastsBusiness - Financial Times - October 30 -
Super Micro Computer shares drop by one-third after EY resigns as auditor
Server maker said in August it would delay the release of its fiscal year 2024 resultsBusiness - Financial Times - October 30 -
Super Micro Computer's shares plunge 33% after server maker's accounting firm quits
Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firmTech - ABC News - October 30 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
Super Micro's 45% plunge this week wipes out stock's gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.Business - CNBC - November 1 -
Here’s what Super Micro’s struggles may mean for Nvidia and Dell
Dell might not see immediate financial benefits, but an analyst thinks customers are paying attention to Super Micro’s auditor exit, which could start helping Dell next year.Business - MarketWatch - November 5 -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - November 5 -
Super Micro’s stock tumbles, as one line was ‘all investors needed to hear’
Super Micro shares set to shed another 20%-plus on Wednesday as the company acknowledged its filing delay could have some impact on the business.Business - MarketWatch - November 6
