Notable (Goldman Sachs, Intelsat, Linn Energy & Goodwill Stores)

in


Goldman Sachs. Everyone loves to hate on them. Oh, and Venezuela ($GS). Pssst: there are several others in the trade too.

Intelsat ($I). There goes that Softbank thing. The merger didn't get enough creditor support. 

Linn Energy. The recently restructured company offloaded its Jonah and Pinedale fields and surrounding area to Jonah Energy, a platform formed by TPG Capital. For $580mm. 

Lunch. Short it. And the casual dining spots that serve it, e.g., Ruby Tuesday Inc. ($RT)

Ocwen Financial. Nothing like the "Strippers Defense" to ward off scrutiny ($OCN).

Retail. File this one under unintended consequences. It appears that Goodwill - yes, that Goodwill - is also falling victim to online shopping and is committed to downsizing its brick-and-mortar footprint and restructuring some operations. Someone on this newsletter should think about this as a potential pro bono project.