Prospect Medical Holdings files for bankruptcy

A health care company that owns and operates more than 182 hospitals and clinics across the country filed for Chapter 11 bankruptcy protection in Texas federal court on Saturday. Prospect Medical Holdings, a Los Angeles-based health care company, goes bankrupt after its previous owner siphoned off hundreds of millions of dollars in dividends and management […]

Vanguard strikes deal with FDIC over huge holdings in US banks – Financial Times

Stay informed with free updates Just sign up for US financial regulation myFT Digest — delivered straight to your inbox. Vanguard has bowed to regulatory pressure and agreed to new oversight of investments in some U.S. lenders, a decision that could have far-reaching implications for asset managers and banks. The deal, unveiled Friday by the […]

Roaring Kitty offloads all Chewy holdings

Barrons Roundtable panelists provide their outlook on the market and discuss three things investors should consider. Keith Gill, the famous meme stock trader and influencer known as “Roaring Kitty,” acquired a 6.6% stake in Chewy over the summer, according to a Tuesday filing with the Securities and Exchange Commission. , currently owns no Chewy stock. […]