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GameStop Shares Plunge As $1.4 Billion Debt-For-Equity Swap Threatens Dilution
GameStop Shares Plunge As $1.4 Billion Debt-For-Equity Swap Threatens Dilution
GameStop shares fell in premarket trading after the company announced it had agreed to exchange about $1.4 billion of zero-coupon convertible notes for Class A shares, allowing the video game retailer to reduce long-term debt without using cash.
The press release stated that the transactions were privately negotiated and cover $400 million of notes due in 2030 and $1 billion due in 2032. After the cancellation, CEO Ryan Cohen's GameStop will have about $2.8 billion of convertible debt remaining, including...
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Apr 24, 2026 / Tyler Durden
DOE's Nuclear Fuel Consortium Announces Seven-Year Plan
DOE's Nuclear Fuel Consortium Announces Seven-Year Plan
After eight months of closed-door meetings, the Department of Energy’s Defense Production Act (DPA) Nuclear Fuel Cycle Consortium has rolled out its latest effort: a plan to strengthen America’s entire domestic nuclear fuel supply chain… over the next seven years.
BREAKING: @ENERGY is deploying the Defense Production Act to ensure that the U.S. will have the nuclear fuel it needs to power the reactors of today and tomorrow.
Representatives from 90+ companies have signed up to help secure our nuclear fuel supply chain.
Learn more:…...
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Feb 16, 2026 / Tyler Durden
Epstein-itis
Epstein-itis
Authored by James Howard Kunstler,
"If you tolerate the intolerable, you’re communicating that it’s okay to mistreat you."
- Aimee Terese on X
Did you think the American zeitgeist - our collective spirit plus our thinking - could not get crazier?
Gird your loins. It’s getting worse by the hour.
The Jeffrey Epstein files suggest that people will do anything and that people will believe anything.
Pizza, hot dogs, white sharks. . . boys, girls, babies, teens, Russian whores. . . celebrities by the score. . . billionaires. . . cannibal orgies. . . vivisection parlors. ....
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Sep 16, 2026 / Dave DeCamp
Katz Says Israel Will ‘Finish the Job’ in Gaza and Go Ahead With Ethnic Cleansing Plan
Israeli Defense Minister Israel Katz on Wednesday said that Israel is prepared to “finish the job” in Gaza and reaffirmed his support for the ethnic cleansing of Gaza, which he refers to as “migration.” Katz made the comments while discussing the October 2025 ceasefire deal, which Israel has constantly violated with daily attacks that have […]
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