Breaking News

Jewelry Retailer Alex and Ani Files Chapter 11 Bankruptcy

Alex and Ani, known for its trendy bracelets, filed for Chapter 11 bankruptcy protection on June 9. The company said...

Indivior’s Cash Balance Yields CFR Upgrade

Indivior PLC, a manufacturer of opioid addiction treatment drugs, reported a first-quarter positive performance in March, which earned it an upgraded corporate...

NRA Bankruptcy Filing Dismissed By Judge as Bad Faith

Federal Judge Harlin Hale of the U.S. Bankruptcy Court, N.D. Texas dismissed a bankruptcy filing by the NRA on May 11. The...

Bayer Struggles with Roundup Claims, Receives Downgrade

Bayer AG continues to struggle with persistent claims against its Roundup weed killer. What's more, on May 28, Moody's issued the company...

Brooks Brothers’ Owners Sued for Questionable Chapter 11

Claudio Del Vecchio, the owner of Brooks Brothers, and his son Matteo Del Vecchio were sued on May 17 over a questionable...

Buffet Restaurant Chains Face Uneven Paths to Recovery

Despite the recent declines in new cases, waves of COVID-driven effects continue to persist across the restaurant sector. Since the early phase...

Airlines Begin to Rebound from COVID Distress

Tourism was hit hard by the COVID-19 pandemic. In particular, airlines experienced distress. Travel in and out of state was practically non-existent...

Excel Fitness Receives Upgrade After Post-Pandemic Survival

Excel Fitness Holdings, Inc., the largest franchise holder and operator of Planet Fitness gyms, received an upgrade from Moody's on April 22....

The UK to Pump US$ 235 Million into Green Tech

The United Kingdom's government is to pump more than  US$ 235 million into green technology. This decision comes at a time when venture capital...

Toyota Ventures to Invest US$ 300 Million in Emerging Tech and Carbon Neutrality

Toyota AI Ventures LLC rebranded itself as Toyota Ventures recently to expand and include climate change. The company hopes to invest US$ 300 million...

Five Firms Selected for HS2 Innovator Accelerator Program

High Speed 2 (HS2) has selected the first five firms for its 2020 Innovator Accelerator Program. HS2 is one of the most...

Robinhood Allows App Users to Get in on IPOs

Stock trading app Robinhood Markets Inc. announced on Thursday, May 20 that it is beginning to roll out its new product, IPO...

Dasera Wins Cyber Defense Magazine’s 2021 Global InfoSec Award

Data security company Dasera today has announced that the company has been named a winner of the Global InfoSec Awards. The tech company got...

Standard Bariatrics Secures $35M In Series B Funding

Standard Bariatrics, an emerging leader in the bariatric surgery medical device field, has announced the completion of a $35M Series B round. It was...

Deals & Exits

Reports

New Chapter 11 Filings, Disclosures: May 17 – May 21, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...

New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...

New Chapter 11 Filings, Disclosures: April 26 – April 30, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

New High Yield Bond Ratings: April 19 – 23, 2021

At least 27 companies received a revision on high yield bond ratings during the week of April 19 - 23, 2021. These...

New Chapter 11 Filings, Disclosures: April 19 – April 23, 2021

At least five major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

New High Yield Bond Ratings: April 12 – 16, 2021

At least 19 companies received a revision on high yield bond ratings during the week of April 12-16, 2021. These revisions caused...

New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...

Most Popular

Rockbridge Closes Equity Fund II

Rockbridge Growth Equity closes RB Equity Fund II, a new $345 million private equity fund. It will focus on digital media and e-commerce, tech-enabled products and services, financial services and consumer services, and sectors....

Ralph Lauren’s Forecast Falls Short

Ralph Lauren's forecast for revenue falls short on pandemic uncertainty. Shares of the company, best known for its Polo shirts, tumbled 8...
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