Tupperware Brands Corp.(TUPBQ),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community - To The Moon

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TUPBQ Tupperware Brands Corp.

Market Closed 11-22 16:00:00 EST Delay

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This decision comes after the company faced challenges related to an over-leveraged balance sheet and an outdated operational model. The deal is structured as a private sale of all intellectual property necessary for creating and marketing Tupperware's  products, along with operating assets in the U.S. and other international subsidiaries. As part of this transition, Tupperware  will wind down operations in markets that carry heavy liabilities. \"Winding down parts of the Company will be a difficult but necessary decision to protect the future of the Tupperware brand. I want to thank all the wonderful people that will always be a part of the Tupperware family. Change and disruption are challenging, but at times, needed to move forward.\" said Laurie Ann Goldman, President and CEO. The agreement involves a group of secured lenders, including Stonehill Capital Management Partners","market":"fut","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1481252432/image_1481252432.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1481252432/image_1481252432.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/news/4195362-tupperware-brands-to-form-the-new-tupperware-company-amid-struggles","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["TUPBQ","BK4180"],"gpt_icon":0},{"id":"2477731520","title":"Tupperware Brands Corp - Non-Core Markets With Heavy Liabilities to Wind Down","url":"https://stock-news.laohu8.com/highlight/detail?id=2477731520","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477731520?lang=en_us&edition=fundamental","pubTime":"2024-10-23 07:54","pubTimestamp":1729641250,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241022:nTUA5CVFDH:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TUP","TUPBQ","BK4180"],"gpt_icon":0},{"id":"2477315200","title":"Tupperware Brands Corp - Transaction Includes Sale of Intellectual Property and Operating Assets","url":"https://stock-news.laohu8.com/highlight/detail?id=2477315200","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477315200?lang=en_us&edition=fundamental","pubTime":"2024-10-23 07:54","pubTimestamp":1729641250,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241022:nTUA5CVFDH:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TUP","TUPBQ","BK4180"],"gpt_icon":0},{"id":"2477154193","title":"Tupperware Brands Corporation Reaches Agreement to Form the New Tupperware Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2477154193","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477154193?lang=en_us&edition=fundamental","pubTime":"2024-10-23 07:54","pubTimestamp":1729641250,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241022:nTUA5CVFDH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4180","TUPBQ"],"gpt_icon":0},{"id":"2477315221","title":"Press Release: Tupperware Brands Corporation Reaches Agreement to Form The New Tupperware Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2477315221","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477315221?lang=en_us&edition=fundamental","pubTime":"2024-10-23 07:54","pubTimestamp":1729641240,"startTime":"0","endTime":"0","summary":"Lender Group to Buy Iconic Brand and Invest Upon Close of the Transaction. ORLANDO, Fla., Oct. 22, 2024 /PRNewswire/ -- Tupperware Brands Corporation , , an iconic global brand and consumer products company, today announced it has reached an agreement in principle with a group of its secured lenders, including Stonehill Capital Management Partners and Alden Global Capital .After years of struggling with an over-leveraged balance sheet and outdated operating model, the transaction would mark a new day for the iconic brand. The transaction is contemplated to be structured as a private sale of all intellectual property needed to create and market Tupperware's brand and award-winning products, plus operating assets in the United States and other foreign subsidiaries.With the announcement of the proposed transaction, markets outside of the global core markets with heavy liabilities will wind down operationally. Goldman concluded, \"Winding down parts of the Company will be a difficult but ne","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4232","BK4180","TUP","BK4022","R","TUPBQ"],"gpt_icon":0},{"id":"2472629244","title":"Tupperware-on Sept 27,Bankruptcy Court Entered Interim Order Approving Hearing Procedures for Some Transfers of Worthlessness Related to Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2472629244","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472629244?lang=en_us&edition=fundamental","pubTime":"2024-10-04 04:49","pubTimestamp":1727988576,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241003:nFWN3LF18P:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TUPBQ","BK4180"],"gpt_icon":0},{"id":"2472464719","title":"Charles Schwab Investment Management Dissolves Passive Stake in Tupperware Brands Corp as of Sept 23 VS 10.01% as of Feb 01 - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2472464719","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472464719?lang=en_us&edition=fundamental","pubTime":"2024-10-04 02:44","pubTimestamp":1727981040,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241003:nFWN3LF11A:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4180","TUPBQ"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.tupperware.com","exchange":"EXPERT","name":"Tupperware Brands Corp.","nameEN":"Tupperware Brands Corp."},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Tupperware Brands Corp.(TUPBQ),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Tupperware Brands Corp.(TUPBQ) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Tupperware Brands Corp.,TUPBQ,Tupperware Brands Corp.股票,Tupperware Brands Corp.股票老虎,Tupperware Brands Corp.股票老虎国际,Tupperware Brands Corp.行情,Tupperware Brands Corp.股票行情,Tupperware Brands Corp.股价,Tupperware Brands Corp.股市,Tupperware Brands Corp.股票价格,Tupperware Brands Corp.股票交易,Tupperware Brands Corp.股票购买,Tupperware Brands Corp.股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Tupperware Brands Corp.(TUPBQ),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Tupperware Brands Corp.(TUPBQ) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}