Avaya files for bankruptcy, about 5 years after emerging from previous bankruptcy

Avaya Holdings Corp. said Tuesday that it and all of its U.S. subsidiaries filed for bankruptcy, a little more than five years after emerging from its previous bankruptcy. The business communication c...

RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs

Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural ...

Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured

A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly went bad, according to The Wall Street Journal. The WSJ reported Tuesday that Goldman Sach...