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Tupperware agrees to be bought by lender group, will be privately held
Read full article: Tupperware agrees to be bought by lender group, will be privately heldThe beloved yet beleaguered Orlando-based Tupperware Brands has agreed in principle to be bought by a lender group that includes Stonehill Capital Management Partners and Alden Global Capital.
‘It was the Magic Kingdom:’ Tupperware’s legacy in Central Florida
Read full article: ‘It was the Magic Kingdom:’ Tupperware’s legacy in Central FloridaThe iconic American brand was founded in Orlando back in 1946. The colorful plastic containers gave women a chance to make money through direct sales.
Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
Read full article: Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and TupperwareA new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy.
Tupperware, in dire straits, seeks financing to stay afloat
Read full article: Tupperware, in dire straits, seeks financing to stay afloatTupperware Brands, which experienced a resurgence during the pandemic, is now pursuing investors to keep it afloat and is in danger of being delisted by the New York Stock Exchange.
SunRail to resume service to Tupperware station as rail sections remain damaged
Read full article: SunRail to resume service to Tupperware station as rail sections remain damagedSunRail is set to resume service to the Tupperware station Thursday, though other sections of the rail line are still dealing with damage sustained during Hurricane Ian.
Tupperware profits soar as pandemic shut-ins store leftovers
Read full article: Tupperware profits soar as pandemic shut-ins store leftoversFILE - In this Oct. 30, 2019 file photo, the logo for Tupperware Brands appears above a trading post on the floor of the New York Stock Exchange. Tupperware Brands, on Wednesday, Oct. 28, 2020, posted third quarter profit of $34.4 million, more than quadruple the $7.8 million from the same quarter a year ago. Restaurant pain has turned into Tupperware's gain with millions of people in a pandemic opening cookbooks again and looking for solutions to leftovers. Profit during the most recent quarter quadrupled to $34.4 million, Tupperware reported Wednesday. On Wednesday, Tupperware reported quarterly adjusted earnings of $1.20 per share, triple what Wall Street had expected.