Michael Wiggins De Oliveira, author at Seeking Alpha, discusses health supplement retailer GNC as his "Idea of the Month." He notes that even though the company is in debt by more than $1 billion, it's still a buy for him because of the measures the company is taking to wipe out the debt, including the $200 million in annual free cash flow.
Share:
More In Business
Leaders of women’s wellness company OneTaste guilty of forced labor
The leaders of a sex-focused women’s wellness company that promoted “orgasmic meditation” have been convicted of federal forced labor charges.
Warner Bros. will break up their cable and streaming businesses
Cords keep getting cut, so Warner Bros. plans to split streaming and cable into two publicly traded entities.
DA: Suspect in UnitedHealthcare CEO killing said he ‘had it coming’
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaq and Iverson revive Reebok from obscurity in ‘Power Moves’
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea recalling 1.7 million of its popular air conditioners due to mold concern
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk is dialing back his threat to decommission a capsule used to take astronauts and supplies to the International Space Station for NASA. T
Turo Meets Uber: Inside the Deal That Could Redefine Ridesharing
Turo CEO Andre Haddad discusses the company's recent partnership with Uber and how it is changing the way people get around town. Watch!
Big Business This Week: Trump vs. Musk goes nuclear
Forget Brad and Angelina, Ben and Jenn, The Beatles, Brexit, or even Henry VIII and his wives. This is the biggest split in recent history.
Crypto Meets Wall Street: Circle’s CFO on the IPO Pop Heard Around the Market
Jeremy Fox-Geen, the Chief Financial Officer at Circle, joins Cheddar for a one-on-one interview as the company's stock surges on its first day of trading.
