Raymond James analyst David Feaster downgrades First Commonwealth (NYSE:FCF) from Outperform to Market Perform.
Mallinckrodt’s Potential Bankruptcy: Hedge Funds’ New Path to Dodge Opioid Settlement Debt?
Last year, Mallinckrodt Plc (NYSE: MNK) pledged to pay $1.7 billion to settle numerous lawsuits by governments and individuals impacted by the opioid crisis, who argued the company had a hand in sparking the public health disaster.
