John Whitefoot

John Whitefoot is an editor at Lombardi Financial, specializing in low-priced investment opportunities. John has been a financial writer since the late 1990s and has written on everything from penny stocks to blue chip stocks to the broader issues that affect the stock market. John has profiled more than 1,000 low-priced stocks, researching and covering numerous sectors including health care, media, manufacturing, IT, education, hospitality, natural resources, and retail. As an editor at Lombardi Financial, John has enhanced his understanding of economics, turning his attention to individual stocks and other investing opportunities. John is primarily a fundamental analyst. His focus is on “off-the-radar” situations with big upside potential for the individual investor. Outside of his professional life, John stays active through tennis and sailing. He also enjoys collecting antiquarian books and art. You can contact John at j.whitefoot@americaclosed.com

Seadrill Ltd Warns of Chapter 11

Maintenance tools and dollars

Seadrill Ltd (NYSE:SDRL) announced that it has delayed restructuring its $14.0 billion in debt and liabilities until September 12 from a previous deadline of July 31. The offshore drilling contractor also warned that it will most likely file for Chapter 11 bankruptcy protection.