Alimentation Couche-Tard stock is a convenient growth stock for the ages! The post This Hot Growth Stock Is Still a Buy After Enormous Gains appeared first on The Motley Fool Canada.STORY: Chinese developer Evergrande has filed for bankruptcy protection in a U.S. court.The property giant made the move in one of the world's biggest debt restructuring exercises. The firm's problems add to growing investor worries about China's property debt crisis and its overall economy.
The company's offshore debt restructuring involves a total of $31.7 billion.It will meet with its creditors later this month to discuss its restructuring proposal.A number of Chinese property developers have defaulted on their offshore debt obligations.Leaving in its wake unfinished homes, plunging sales and battered investor confidence.The property sector makes up about a quarter of the economy.
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Palo Alto earnings, Estée Lauder, Biden's Camp David meetings: What to watchYahoo Finance Live's Seana Smith details what investors should be on the lookout for on Friday, August 18, including earnings reports from Palo Alto Networks (PANW) and Estée Lauder (EL), and President Biden's meetings with Japanese and South Korean officials at Camp David.
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