REV - REVLON INC （）

Revlon was delisted from the NYSE and now trades using REVRQ on the OTC pink sheets. Check here to see my thoughts on the recent developments.

Revlon lost its appeal to keep its stock listed on the New York Stock Exchange. The beauty-supply business said its trading will continue over the counter.

REV stock will be delisted soon. Revlon''s shares will trade on an over-the-counter market, though they will likely eventually be worthless.

Revlon lost its appeal to keep its stock listed on the New York Stock Exchange. The beauty-supply business said its trading will continue over the counter.

Revlon Inc. undefined said late Thursday a New York Stock Exchange committee rejected its appeal to not delist its stock and expects to be delisted "in the…

Revlon Inc. (NYSE:REV) has a beta value of 2.13 and has seen 2.29 million shares traded in the last trading session. The company, currently valued at $352.28M, closed the last trade at $6.49 per share which meant it lost $0.0 on the day or 0.00% during that session. The REV stock price is -171.96% off … Small Cap Stock Revlon Inc. (REV) Is A Buy – Analysts Read More »

The company''s stockholders were dealt a bruising legal blow.

Shares of Revlon (NYSE: REV ) are not faring well on Wednesday, with shares down about 12% in the session. At today’s low, REV stock was down 19.9%, and for the week, it’s still down about 21%. In short, it’s been a tough ride. While the stock has been behaving better lately, investors were hoping for better news. REV stock trading was briefly halted earlier in the day following a ruling from Judge David S. Jones. Ahead of the company’s bankruptcy hearing, the judge declined the formation of an equity committee for its shareholders. That ruling comes after shareholders asked the judge to appoint an official equity committee earlier this month. They argued that no one else could be trusted to “speak up” for minority shareholders. However, the company opposed that stance, arguing , “that the company’s $3.5 billion debt load meant that shareholders would likely receive nothing from the company’s bankruptcy, so a committee’s ‘significant’ costs would greatly outweigh any speculative benefit.” For what it’s worth, the company’s junior creditors and senior lenders did not support the formation of the committee either.

A U.S. bankruptcy judge on Wednesday declined to appoint an equity committee in Revlon Inc''s bankruptcy, rejecting a minority shareholder demand for a greater say in the cosmetics company''s restructuring.

A U.S. bankruptcy judge on Wednesday declined to appoint an equity committee in Revlon Inc’s bankruptcy, rejecting a minority shareholder demand for a greater say in the cosmetics company’s restructuring. U.S. Bankruptcy Judge David Jones in Manhattan said shareholder interests were already represented in the bankruptcy by Revlon, majority shareholder MacAndrews & Forbes, and the […]

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Tesla, Inc. (TSLA) with the stream of 1.24% also noticed, India Revlon, Inc. (REV) encountered a rapid change of -4.80% in the last hour of trading session. Tesla, Inc. (NASDAQ:TSLA) … The post Eye-catching Shares: Tesla, Inc. (NASDAQ:TSLA), Revlon, Inc. (NYSE:REV) appeared first on Stocks Equity .

A lot went by last week. One of the biggest names in the cosmetic industry- NYC-based cosmetics company, Revlon, filed for bankruptcy due… Continue reading on Medium »

Source: Oleg Ivanov IL / Shutterstock.com Clovis Oncology (NASDAQ: CLVS ) stock is heading higher on Friday and investors will want to watch the company’s shares when July 7 rolls around ! So what’s the big news coming for CLVS stock next week? The company is holding an annual shareholder meeting next Friday. This comes as the company seeks shareholder approval for two major proposals during that meeting. The first of these proposals is a reverse stock split. Clovis Oncology wants shareholders to approve this so that it can bump up the price of its shares and avoid a possible delisting from the Nasdaq Exchange . The second proposal that Clovis Oncology wants approval for is reducing its total number of shares. Yet again, this is part of the company’s effort to avoid delisting on the Nasdaq Exchange. Here’s what Clovis Oncology warns could happen if shareholders don’t approve these two proposals. “The potential delisting of our common stock if we do not remain in compliance with the Nasdaq requirement that our common stock trade above $1 per share would constitute a Fundamental Change under our convertible notes indentures, triggering the immediate right of holders of the notes to require us to repurchase up to $443 million in principal amount of such debt, an amount that we would be unable to pay and resulting in the potential loss of all stockholder value.” 7 Butchered Tech Stocks to Buy and Hold The news from CLVS stock has shares experiencing heavy trading.