Hennes & Mauritz AB shares fell after the Swedish clothing retailer said burgeoning energy, freight and garment prices nearly wiped out profit in the past …
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Wipe
Revlon’s Bankruptcy Plan Would Wipe Out Stockholders, Hand Ownership to Lenders
Ronald Perelman’s Revlon Inc. will likely pursue a debt restructuring that hands ownership of the company to lenders and wipes out stockholders, according to an …